Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Israel - 2024

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Israel (CIF) - 2024
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Israel (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Israel
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Israel

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Israel (CIF) - 2024

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $4,011 per ton in August 2023, jumping by 23% against the previous month. Overall, the import price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in March 2023 when the average import price increased by 140% month-to-month. Over the period under review, average import prices hit record highs at $7,050 per ton in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Singapore ($4,269 per ton), while the price for the UK ($1,530 per ton) was amongst the lowest.

From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by China (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Israel (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,770 per ton, increasing by 40% against the previous year. In general, the export price, however, saw a abrupt decline. Over the period under review, the average export prices reached the peak figure at $7,675 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($12,343 per ton), while the average price for exports to Hong Kong SAR amounted to $2,502 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+11.9%).

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Israel

In 2022, purchases abroad of alloy steel flat-rolled products, of a width of less than 600mms was finally on the rise to reach 4.1K tons after two years of decline. In general, imports, however, showed a deep downturn.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms surged to $13M in 2022. Overall, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Israel in 2022:

1. Singapore (1839.1 tons)
2. Germany (866.2 tons)
3. India (342.4 tons)
4. Japan (252.8 tons)
5. Italy (243.8 tons)
6. China (243.5 tons)
7. United States (202.0 tons)
8. Turkey (36.2 tons)
9. France (16.6 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Israel

In 2022, shipments abroad of alloy steel flat-rolled products, of a width of less than 600mms decreased by -93.4% to 319 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 30,038% against the previous year.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms declined sharply to $884K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 33,871% against the previous year.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Israel in 2022:

1. Hong Kong SAR (307.0 tons)
2. Romania (8.8 tons)

Source: IndexBox Market Intelligence Platform