Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel - 2024
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel (CIF) - 2022
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel (CIF) - 2022
In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $6,687 per ton, increasing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. 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 the United States ($6,687 per ton) and Germany ($6,687 per ton), while the price for Sweden ($6,682 per ton) and the UK ($6,687 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel (FOB) - 2022
The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $31,006 per ton in 2022, jumping by 32% against the previous year. Overall, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 498%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($62,060 per ton), while the average price for exports to Portugal ($2,778 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 Romania (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel
In 2022, approx. 163 tons of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s were imported into Israel; with a decrease of -8.9% against 2021 figures. Over the period under review, imports faced a abrupt decrease. The smallest decline of -6.9% was in 2020.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s totaled $1.1M in 2022. In general, imports recorded a abrupt descent.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 376 | 515 | 303 | 718 | 24.1% |
| China | 47.0 | 102 | 75.0 | 180 | 56.5% |
| Germany | 21.0 | 14.0 | 10.0 | 94.0 | 64.8% |
| South Korea | 6.0 | 49.0 | N/A | 33.0 | 76.5% |
| United Kingdom | 36.0 | 7.0 | 1.0 | 30.0 | -5.9% |
| Italy | 15.0 | 23.0 | 118 | 4.0 | -35.6% |
| Sweden | 464 | 1.0 | N/A | 3.0 | -81.4% |
| Denmark | 188 | 392 | 412 | N/A | 48.0% |
| Taiwan (Chinese) | 284 | 227 | 2.0 | N/A | -91.6% |
| Others | 25.0 | 76.0 | 86.0 | 28.0 | 3.8% |
| Total | 1,462 | 1,406 | 1,007 | 1,090 | -9.3% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Israel in 2022:
- United States (107.4 tons)
- China (26.9 tons)
- Germany (14.1 tons)
- South Korea (4.9 tons)
- United Kingdom (4.5 tons)
- Italy (0.6 tons)
- Sweden (0.4 tons)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel
In 2022, overseas shipments of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s were finally on the rise to reach 172 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a significant decline.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s surged to $5.3K in 2022. Overall, exports, however, continue to indicate a dramatic contraction.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.1 | N/A | N/A | 3.1 | 0.0% |
| South Africa | 0.5 | 1.7 | N/A | 1.1 | 30.1% |
| Bulgaria | N/A | 2.6 | N/A | 0.9 | -41.2% |
| Romania | 1.5 | N/A | N/A | 0.1 | -59.5% |
| Austria | N/A | N/A | N/A | 0.1 | 0% |
| Germany | 4.8 | 25.6 | 0.1 | N/A | -85.6% |
| Switzerland | N/A | 7.3 | N/A | N/A | 0% |
| Jordan | 56.9 | N/A | N/A | N/A | 0% |
| India | 6.0 | N/A | N/A | N/A | 0% |
| Portugal | N/A | N/A | N/A | N/A | 0% |
| Others | 11.9 | 4.7 | 0.2 | N/A | -87.0% |
| Total | 84.7 | 42.0 | 0.3 | 5.3 | -60.3% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Israel in 2022:
- South Africa (61.0 kg)
- Italy (50.0 kg)
- Bulgaria (33.0 kg)
- Romania (9.0 kg)
- Portugal (9.0 kg)
- Austria (9.0 kg)
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