Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel - 2024
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel (CIF) - 2022
The average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $777 per ton in 2022, dropping by -3.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 52%. As a result, import price reached the peak level of $801 per ton, and then fell modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($794 per ton) and Hong Kong SAR ($794 per ton), while the price for Spain ($765 per ton) and Ukraine ($765 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel
Imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses into Israel fell notably to 391K tons in 2022, which is down by -46.7% against the year before. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 734K tons, and then fell rapidly in the following year.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses contracted markedly to $304M in 2022. In general, imports showed a perceptible curtailment. The growth pace was the most rapid in 2021 when imports increased by 99%. As a result, imports attained the peak of $588M, and then fell significantly in the following year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 5.5 | 146 | 2554.5% |
| Switzerland | 2.0 | 208 | 3.1 | 81.1 | 243.6% |
| Turkey | 125 | 42.6 | 74.4 | 32.5 | -36.2% |
| Greece | 22.2 | 12.5 | 60.5 | 16.3 | -9.8% |
| Hong Kong SAR | N/A | N/A | 0.2 | 7.1 | 3450.0% |
| Jordan | N/A | 11.1 | N/A | 5.0 | -32.9% |
| Russia | 125 | N/A | 303 | 4.7 | -66.5% |
| Ukraine | 18.8 | 0.2 | 60.1 | 0.2 | -78.0% |
| Belarus | 38.8 | N/A | 44.7 | N/A | 7.3% |
| Others | 19.8 | 21.0 | 37.2 | 11.3 | -17.1% |
| Total | 352 | 295 | 588 | 304 | -4.8% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Israel in 2022:
- United Arab Emirates (188.1K tons)
- Switzerland (104.9K tons)
- Turkey (41.0K tons)
- Greece (21.2K tons)
- Hong Kong SAR (8.9K tons)
- Jordan (6.6K tons)
- Russia (5.9K tons)
- Ukraine (0.3K tons)
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