Carbonates; Potassium Carbonate Price in Israel - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Israel (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Israel (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Israel
- Carbonates; Potassium Carbonate Exports in Israel
Carbonates; Potassium Carbonate Price in Israel (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $1,587 per ton in 2022, increasing by 71% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; potassium carbonate import price increased by +93.5% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($1,587 per ton) and Belgium ($1,587 per ton), while the price for South Korea ($1,587 per ton) and Italy ($1,587 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Israel (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $1,169 per ton in 2022, with an increase of 30% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 67%. As a result, the export price attained the peak level of $1,529 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +2.6% per year.
Carbonates; Potassium Carbonate Imports in Israel
In 2022, approx. 6K tons of carbonates; potassium carbonates were imported into Israel; with an increase of 11% against 2021. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, carbonates; potassium carbonate imports surged to $9.6M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Potassium Carbonate in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,920 | 1,978 | 2,848 | 3,555 | 22.8% |
| United States | 977 | 959 | 1,102 | 3,219 | 48.8% |
| Italy | 914 | 790 | 690 | 1,436 | 16.3% |
| France | 55.0 | 38.0 | 208 | 684 | 131.7% |
| South Korea | 50.0 | 24.0 | 123 | 340 | 89.5% |
| Belgium | 365 | N/A | 17.0 | 146 | -26.3% |
| Others | 86.0 | 139 | 50.0 | 208 | 34.2% |
| Total | 4,367 | 3,928 | 5,038 | 9,588 | 30.0% |
Top Suppliers of Carbonates; Potassium Carbonate to Israel in 2022:
- Germany (2239.8 tons)
- United States (2028.1 tons)
- Italy (904.7 tons)
- France (430.9 tons)
- South Korea (214.2 tons)
- Belgium (92.0 tons)
Carbonates; Potassium Carbonate Exports in Israel
Carbonates; potassium carbonate exports from Israel dropped dramatically to 57 tons in 2022, reducing by -24.1% against 2021. Overall, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year.
In value terms, carbonates; potassium carbonate exports reduced to $67K in 2022. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 3.4% against the previous year.
| Export of Carbonates; Potassium Carbonate in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 125 | 25.8 | 19.9 | 66.9 | -18.8% |
| Palestine | N/A | 0.2 | 5.7 | N/A | 2750.0% |
| Germany | N/A | 27.4 | N/A | N/A | 0% |
| United States | N/A | N/A | 35.3 | N/A | 0% |
| India | 1.0 | 12.3 | 7.0 | N/A | 164.6% |
| Others | 0.8 | N/A | 0.1 | N/A | -64.6% |
| Total | 126 | 65.8 | 68.0 | 66.9 | -19.0% |
Top Export Markets for Carbonates; Potassium Carbonate from Israel in 2022:
- South Africa (57.2 tons)
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