Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel (CIF) - 2022
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel (CIF) - 2022
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $6,014 per ton in 2022, surging by 38% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for stainless steel bars and rods, angles, shapes and sectionses increased by +52.6% against 2018 indices. As a result, import price reached 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 countries with the highest prices were China ($6,173 per ton) and France ($6,080 per ton), while the price for Belgium ($5,903 per ton) and the United States ($5,928 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel (FOB) - 2022
In 2022, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $5,908 per ton, growing by 19% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for stainless steel bars and rods, angles, shapes and sectionses increased by +38.1% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 43% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,225 per ton), while the average price for exports to the Netherlands ($2,612 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 Taiwan (Chinese) (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel
In 2022, purchases abroad of stainless steel bars and rods, angles, shapes and sectionses decreased by -5.2% to 7.6K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 17%. As a result, imports reached the peak of 8.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $46M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +71.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.6 | 10.6 | 9.3 | 12.2 | 12.4% |
| Italy | 7.1 | 9.4 | 12.2 | 12.0 | 19.1% |
| India | 3.7 | 3.8 | 4.0 | 5.8 | 16.2% |
| Belgium | 0.4 | 0.9 | 0.1 | 4.6 | 125.7% |
| France | 2.5 | 1.7 | 2.8 | 2.5 | 0.0% |
| Taiwan (Chinese) | 0.9 | 0.9 | 0.9 | 1.4 | 15.9% |
| China | 0.5 | 0.2 | 1.8 | 1.3 | 37.5% |
| United Kingdom | 1.1 | 1.9 | 0.8 | 0.9 | -6.5% |
| Brazil | 0.3 | 1.0 | 0.7 | 0.8 | 38.7% |
| Germany | 0.7 | 0.5 | 0.5 | 0.8 | 4.6% |
| Others | 1.0 | 1.4 | 1.9 | 3.7 | 54.7% |
| Total | 26.8 | 32.2 | 35.2 | 45.9 | 19.6% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Israel in 2022:
- United States (2052.4 tons)
- Italy (1978.1 tons)
- India (951.9 tons)
- Belgium (771.3 tons)
- France (409.7 tons)
- Taiwan (Chinese) (235.3 tons)
- China (212.0 tons)
- United Kingdom (155.7 tons)
- Germany (135.4 tons)
- Brazil (129.1 tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel
For the fourth consecutive year, Israel recorded growth in overseas shipments of stainless steel bars and rods, angles, shapes and sectionses, which increased by 66% to 702 tons in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 196%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses surged to $4.2M in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 160%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 217 | 175 | 494 | 1,826 | 103.4% |
| China | 278 | 1,133 | 1,351 | 1,370 | 70.2% |
| Italy | 60.0 | 140 | 116 | 410 | 89.8% |
| Romania | 1.0 | N/A | N/A | 105 | 371.8% |
| United States | 19.0 | 25.0 | 1.0 | 91.0 | 68.6% |
| Singapore | 4.0 | N/A | 52.0 | 90.0 | 182.3% |
| Netherlands | N/A | N/A | 6.0 | 77.0 | 1183.3% |
| Taiwan (Chinese) | N/A | 91.0 | 63.0 | 55.0 | -22.3% |
| India | 41.0 | 97.0 | 10.0 | N/A | -50.6% |
| Others | 22.0 | 11.0 | 1.0 | 126 | 78.9% |
| Total | 642 | 1,672 | 2,094 | 4,150 | 86.3% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Israel in 2022:
- China (285.9 tons)
- Thailand (225.0 tons)
- Italy (92.3 tons)
- Netherlands (29.5 tons)
- Singapore (22.2 tons)
- Romania (19.4 tons)
- United States (11.1 tons)
- Taiwan (Chinese) (8.5 tons)
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