Price for Aluminium Waste and Scrap in Israel - 2023
Contents:
- Price for Aluminium Waste and Scrap in Israel (FOB) - 2022
- Price for Aluminium Waste and Scrap in Israel (CIF) - 2022
- Exports of Aluminium Waste and Scrap in Israel
- Imports of Aluminium Waste and Scrap in Israel
Price for Aluminium Waste and Scrap in Israel (FOB) - 2022
In 2022, the average aluminium waste and scrap export price amounted to $1,511 per ton, reducing by -9.6% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs at $1,744 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($1,922 per ton), while the average price for exports to Hong Kong SAR ($1,069 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 Turkey (+1.5%), while the prices for the other major destinations experienced a decline.
Price for Aluminium Waste and Scrap in Israel (CIF) - 2022
In 2022, the average aluminium waste and scrap import price amounted to $1,507 per ton, shrinking by -10.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $1,688 per ton, and then contracted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,317 per ton), while the price for Italy ($631 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium Waste and Scrap in Israel
In 2022, after two years of decline, there was growth in overseas shipments of aluminium waste and scraps, when their volume increased by 2.4% to 69K tons. Over the period under review, exports, however, recorded a slight contraction.
In value terms, aluminium waste and scrap exports reduced to $105M in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of $113M, and then dropped in the following year.
| Export of Aluminium Waste and Scrap in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 17.0 | 22.5 | 22.1 | 39.0 | 31.9% |
| India | 14.7 | 17.1 | 14.5 | 15.2 | 1.1% |
| South Korea | 14.7 | 12.8 | 12.3 | 12.8 | -4.5% |
| Greece | 9.7 | 10.8 | 9.3 | 9.7 | 0.0% |
| Italy | 6.2 | 6.7 | 4.5 | 4.7 | -8.8% |
| Germany | 1.9 | 2.5 | 3.0 | 3.1 | 17.7% |
| Austria | 2.8 | 2.8 | 2.3 | 2.4 | -5.0% |
| United Kingdom | 4.1 | 2.4 | 1.9 | 2.2 | -18.7% |
| Netherlands | 2.8 | 3.0 | 1.9 | 2.0 | -10.6% |
| Hungary | 2.9 | 2.3 | 1.3 | 1.7 | -16.3% |
| Japan | 1.5 | 1.1 | 0.9 | 1.6 | 2.2% |
| Hong Kong SAR | 2.9 | 2.4 | 0.3 | 1.4 | -21.6% |
| Belgium | 2.5 | 1.2 | 0.9 | 1.2 | -21.7% |
| Others | 7.7 | 8.4 | 37.8 | 7.5 | -0.9% |
| Total | 91.4 | 96.1 | 113 | 105 | 4.7% |
Top Export Markets for Aluminium Waste and Scrap from Israel in 2022:
- Turkey (20.6K tons)
- India (10.7K tons)
- South Korea (9.2K tons)
- Greece (6.9K tons)
- Italy (4.0K tons)
- Germany (2.1K tons)
- United Kingdom (2.0K tons)
- Netherlands (1.8K tons)
- Hungary (1.5K tons)
- Hong Kong SAR (1.3K tons)
- Austria (1.2K tons)
- Japan (1.2K tons)
- Belgium (1.1K tons)
Imports of Aluminium Waste and Scrap in Israel
In 2022, after three years of growth, there was significant decline in supplies from abroad of aluminium waste and scraps, when their volume decreased by -12.7% to 156 tons. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +74.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 50% against the previous year.
In value terms, aluminium waste and scrap imports dropped notably to $236K in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, imports reached the peak of $302K, and then contracted dramatically in the following year.
| Import of Aluminium Waste and Scrap in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | 83.0 | 137 | 274 | 214 | 37.1% |
| Switzerland | 6.9 | 6.6 | 4.2 | 3.3 | -21.8% |
| Italy | 5.7 | 4.7 | 2.9 | 2.3 | -26.1% |
| Romania | 7.2 | 4.8 | 2.4 | 1.5 | -40.7% |
| Others | 23.3 | 15.9 | 18.4 | 14.3 | -15.0% |
| Total | 126 | 169 | 302 | 236 | 23.3% |
Top Suppliers of Aluminium Waste and Scrap to Israel in 2022:
- Palestine (138.0 tons)
- Italy (3.6 tons)
- Switzerland (3.5 tons)
- Romania (2.0 tons)
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