Price for Titanium; Waste and Scrap in Israel - 2023

Contents:

  1. Price for Titanium; Waste and Scrap in Israel (FOB) - 2022
  2. Price for Titanium; Waste and Scrap in Israel (CIF) - 2022
  3. Exports of Titanium; Waste and Scrap in Israel
  4. Imports of Titanium; Waste and Scrap in Israel

Price for Titanium; Waste and Scrap in Israel (FOB) - 2022

In 2022, the average titanium; waste and scrap export price amounted to $4,841 per ton, rising by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 the Netherlands ($5,786 per ton), while the average price for exports to the UK ($2,353 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 Ethiopia (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Titanium; Waste and Scrap in Israel (CIF) - 2022

In 2022, the average titanium; waste and scrap import price amounted to $1,434 per ton, with an increase of 6.7% against the previous year. In general, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2018 an increase of 34%. Over the period under review, average import prices hit record highs at $6,000 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 UK ($1,638 per ton), while the price for the United States stood at $103 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-13.5%).

Exports of Titanium; Waste and Scrap in Israel

For the fourth year in a row, Israel recorded growth in shipments abroad of titanium; waste and scraps, which increased by 73% to 954 tons in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, titanium; waste and scrap exports skyrocketed to $4.6M in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Titanium; Waste and Scrap in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2993191601,24360.8%
United Kingdom13858.361.161864.8%
Germany14125530452655.1%
Netherlands38.17.9189484133.3%
Mexico50.395.312140299.9%
EthiopiaN/AN/A16924142.6%
China96.560.717623234.0%
SerbiaN/AN/AN/A2210%
Singapore1654775032037.2%
LatviaN/AN/AN/A1880%
Estonia27721478.3N/A-46.8%
Others10712348226134.6%
Total1,3121,6102,2444,61952.1%

Top Export Markets for Titanium; Waste and Scrap from Israel in 2022:

  1. United Kingdom (262.7 tons)
  2. United States (214.8 tons)
  3. Germany (90.9 tons)
  4. Netherlands (83.6 tons)
  5. Mexico (69.5 tons)
  6. Ethiopia (41.6 tons)
  7. China (40.1 tons)
  8. Serbia (38.2 tons)
  9. Singapore (35.1 tons)
  10. Latvia (32.5 tons)

Imports of Titanium; Waste and Scrap in Israel

Titanium; waste and scrap imports into Israel expanded slightly to 27 tons in 2022, increasing by 4.4% on the year before. The total import volume increased at an average annual rate of +3.6% 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 2020 when imports increased by 7.8% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, titanium; waste and scrap imports rose rapidly to $39K in 2022. Over the period under review, imports, however, showed a abrupt slump.

Import of Titanium; Waste and Scrap in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom52.642.934.938.9-9.6%
United States0.50.10.30.4-7.2%
GermanyN/A0.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total53.143.335.239.3-9.5%

Top Suppliers of Titanium; Waste and Scrap to Israel in 2022:

  1. United Kingdom (23.7 tons)
  2. United States (3.6 tons)

Source: IndexBox Market Intelligence Platform

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