Israel - Benzene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBenzene Price in Israel - 2023
Contents:
- Benzene Price in Israel (FOB) - 2022
- Benzene Price in Israel (CIF) - 2022
- Benzene Exports in Israel
- Benzene Imports in Israel
Benzene Price in Israel (FOB) - 2022
In 2022, the average benzene export price amounted to $1,107 per ton, jumping by 18% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 40% against the previous year. The export price peaked at $1,190 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,107 per ton), while the average price for exports to Italy ($1,107 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-0.7%), while the prices for the other major destinations experienced a decline.
Benzene Price in Israel (CIF) - 2022
The average benzene import price stood at $1,109 per ton in 2022, increasing by 18% against the previous year. Over the period under review, the import price, however, recorded a slight downturn. Over the period under review, average import prices hit record highs at $1,358 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($1,109 per ton) and the United States ($1,109 per ton), while the price for China ($1,109 per ton) and Belgium ($1,109 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Benzene Exports in Israel
In 2022, approx. 114K tons of benzene were exported from Israel; with an increase of 4.7% on the previous year. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, benzene exports skyrocketed to $126M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 121%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Benzene in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 21.9 | 24.9 | 38.6 | 63.6 | 42.7% |
| Spain | N/A | 2.0 | 53.0 | 52.7 | 413.3% |
| Switzerland | N/A | 0.8 | 2.6 | 9.2 | 239.1% |
| Belgium | 6.3 | 1.9 | N/A | 0.4 | -60.1% |
| Germany | N/A | 3.7 | N/A | N/A | 0% |
| Portugal | 33.5 | 9.4 | 5.1 | N/A | -61.0% |
| Netherlands | N/A | 2.6 | N/A | N/A | 0% |
| Turkey | 5.2 | 0.9 | N/A | N/A | -82.7% |
| Others | N/A | N/A | 2.6 | N/A | 0% |
| Total | 66.9 | 46.2 | 102 | 126 | 23.5% |
Top Export Markets for Benzene from Israel in 2022:
- Italy (57.4K tons)
- Spain (47.6K tons)
- Switzerland (8.3K tons)
- Belgium (0.4K tons)
Benzene Imports in Israel
In 2022, supplies from abroad of benzene decreased by -6.8% to 9.9 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 9.6%. As a result, imports attained the peak of 11 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, benzene imports rose rapidly to $11K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Benzene in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 3.0 | 0% |
| China | N/A | N/A | 2.0 | 3.0 | 50.0% |
| Belgium | N/A | N/A | N/A | 3.0 | 0% |
| United States | 5.0 | 1.0 | 3.0 | 2.0 | -26.3% |
| Hong Kong SAR | 1.0 | N/A | N/A | N/A | 0% |
| Germany | 1.0 | 7.0 | 1.0 | N/A | 0.0% |
| India | N/A | 1.0 | 4.0 | N/A | 300.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.0 | 9.0 | 10.0 | 11.0 | 16.3% |
Top Suppliers of Benzene to Israel in 2022:
- Japan (2.7 tons)
- China (2.7 tons)
- Belgium (2.7 tons)
- United States (1.8 tons)
This report provides an in-depth analysis of the benzene market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141223 - Benzene
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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