Price for Zinc; Bars, Rods, Profiles and Wire in Israel - 2024

Contents:

1. Price for Zinc; Bars, Rods, Profiles and Wire in Israel (CIF) - 2022
2. Imports of Zinc; Bars, Rods, Profiles and Wire in Israel

Price for Zinc; Bars, Rods, Profiles and Wire in Israel (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $4,646 per ton, increasing by 17% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 zinc; bars, rods, profiles and wires increased by +43.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual 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 ($4,647 per ton) and Greece ($4,646 per ton), while the price for Turkey ($4,645 per ton) and Italy ($4,646 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Zinc; Bars, Rods, Profiles and Wire in Israel

Imports of zinc; bars, rods, profiles and wires into Israel skyrocketed to 136 tons in 2022, jumping by 23% compared with 2021. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 35%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of zinc; bars, rods, profiles and wires skyrocketed to $631K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Israel in 2022:

1. Finland (74.7 tons)
2. Germany (35.1 tons)
3. United Kingdom (6.7 tons)
4. Greece (6.2 tons)
5. Belgium (6.0 tons)
6. Turkey (3.2 tons)
7. China (2.2 tons)

Source: IndexBox Market Intelligence Platform