Israel - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Israel - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Salicylic Acid Price in Israel - 2022

Contents:

  1. Salicylic Acid Price in Israel (CIF) - 2022
  2. Salicylic Acid Price in Israel (FOB) - 2022
  3. Salicylic Acid Imports in Israel
  4. Salicylic Acid Exports in Israel

Salicylic Acid Price in Israel (CIF) - 2022

In 2021, the average salicylic acid import price amounted to $5,199 per ton, surging by 12% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, salicylic acid import price increased by +61.1% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 14%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($5,989 per ton), while the price for France ($1,158 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Salicylic Acid Price in Israel (FOB) - 2022

In 2021, the average salicylic acid export price amounted to $24,171 per ton, flattening at the previous year. In general, the export price showed a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 128%. As a result, the export price reached the peak level of $27,018 per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was China ($9,722 per ton), while the average price for exports to the United States amounted to $9,213 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.

Salicylic Acid Imports in Israel

In 2022, the amount of salicylic acid and its salts imported into Israel surged to 69 tons, picking up by 48% against the year before. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.0% 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 decreased by -24.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. As a result, imports reached the peak of 91 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, salicylic acid imports surged to $476K in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Salicylic Acid in Israel (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Germany128249107-8.6%
France26.337.160.051.0%
China8.43.937.0109.9%
Spain8.221.524.071.1%
India29.49.811.0-38.8%
Switzerland38.9N/AN/A0%
Others9.71054.0-35.8%
Total249426243-1.2%

Top Suppliers of Salicylic Acid to Israel in 2022:

  1. France (51.8 tons)
  2. Germany (19.9 tons)
  3. China (19.2 tons)
  4. Spain (4.0 tons)
  5. India (2.2 tons)

Salicylic Acid Exports in Israel

In 2022, after two years of decline, there was significant decline in shipments abroad of salicylic acid and its salts, when their volume decreased by -50% to 1.9 tons. Overall, exports, however, continue to indicate significant growth.

In value terms, salicylic acid exports expanded significantly to $106K in 2022. In general, exports, however, showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Salicylic Acid in Israel (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United States4.114.360.0282.5%
China0.11.124.01449.2%
Singapore2.211.3N/A413.6%
Others0.6-26.710.0308.2%
Total7.0N/A94.0266.5%

Top Export Markets for Salicylic Acid from Israel in 2022:

  1. United States (6.5 tons)
  2. China (2.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the salicylic acid market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 21101030 - Salicylic acid and its salts

Country coverage:

  • Israel

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Israel
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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