Price for Mineral Substances Not Elsewhere Specified or Included in Israel - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Israel (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Israel (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Israel
- Exports of Mineral Substances Not Elsewhere Specified or Included in Israel
Price for Mineral Substances Not Elsewhere Specified or Included in Israel (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $357 per ton, surging by 9.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 36% against the previous year. Over the period under review, average import prices hit record highs at $512 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($459 per ton) and Turkey ($420 per ton), while the price for the UK ($334 per ton) and Greece ($334 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Israel (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $561 per ton, picking up by 213% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. Over the period under review, the average export prices hit record highs at $2,939 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($3,571 per ton), while the average price for exports to Cyprus ($207 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 (+21.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Mineral Substances Not Elsewhere Specified or Included in Israel
Imports of mineral substances not elsewhere specified or includeds into Israel contracted to 23K tons in 2022, waning by -1.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of 23K tons, and then reduced modestly in the following year.
In value terms, imports of mineral substances not elsewhere specified or includeds expanded sharply to $8.2M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Mineral Substances Not Elsewhere Specified or Included in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 3.8 | 4.0 | 5.4 | 5.0 | 9.6% |
| Turkey | 0.4 | 0.7 | 1.2 | 1.7 | 62.0% |
| United Kingdom | 0.1 | 0.6 | N/A | 0.8 | 100.0% |
| South Africa | 0.5 | 0.1 | 0.5 | 0.2 | -26.3% |
| Uganda | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Spain | 1.7 | 0.3 | 0.1 | N/A | -75.7% |
| Others | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
| Total | 7.0 | 6.1 | 7.6 | 8.2 | 5.4% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Israel in 2022:
- Greece (14.9K tons)
- Turkey (3.9K tons)
- United Kingdom (2.3K tons)
- Uganda (0.6K tons)
- South Africa (0.5K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Israel
In 2022, overseas shipments of mineral substances not elsewhere specified or includeds decreased by -82.9% to 29 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 576% against the previous year. As a result, the exports attained the peak of 396 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of mineral substances not elsewhere specified or includeds fell dramatically to $16K in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 447% against the previous year. As a result, the exports attained the peak of $197K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Mineral Substances Not Elsewhere Specified or Included in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | N/A | 8.0 | 0% |
| Cyprus | 1.0 | 8.0 | N/A | 5.0 | 71.0% |
| United States | 5.0 | N/A | 4.0 | 1.0 | -41.5% |
| United Kingdom | 30.0 | 5.0 | N/A | 1.0 | -67.8% |
| Djibouti | N/A | 18.0 | N/A | N/A | 0% |
| Malta | N/A | 27.0 | N/A | N/A | 0% |
| Italy | N/A | 12.0 | 19.8 | N/A | 65.0% |
| Turkey | N/A | 127 | N/A | N/A | 0% |
| Ghana | N/A | N/A | 4.9 | N/A | 0% |
| Others | N/A | N/A | 1.3 | 1.0 | -23.1% |
| Total | 36.0 | 197 | 30.0 | 16.0 | -23.7% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Israel in 2022:
- Cyprus (24.2 tons)
- Jordan (2.2 tons)
- United Kingdom (1.5 tons)
- United States (0.5 tons)
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