Israel: Market for Base Metal Flexible Tubing, Iron Or Steel 2024

Market Size for Base Metal Flexible Tubing, Iron Or Steel in Israel

The Israeli base metal flexible tubing market skyrocketed to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption showed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Base Metal Flexible Tubing, Iron Or Steel in Israel

In value terms, base metal flexible tubing production expanded notably to $X in 2022 estimated in export price. Overall, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Base Metal Flexible Tubing, Iron Or Steel

Exports from Israel

Base metal flexible tubing exports from Israel skyrocketed to X tons in 2022, with an increase of X% on 2021. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, base metal flexible tubing exports amounted to $X in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

France (X tons), the United States (X tons) and the UK (X tons) were the main destinations of base metal flexible tubing exports from Israel, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for base metal flexible tubing, iron or steel exports from Israel, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the UK (X% per year).

Export Prices by Country

The average base metal flexible tubing export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($X 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 the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Base Metal Flexible Tubing, Iron Or Steel

Imports into Israel

In 2022, overseas purchases of base metal flexible tubing, iron or steel were finally on the rise to reach X tons after two years of decline. Overall, imports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, base metal flexible tubing imports soared to $X in 2022. In general, imports, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United States (X tons), the UK (X tons) and China (X tons) were the main suppliers of base metal flexible tubing imports to Israel, together comprising X% of total imports. France, Germany, Turkey, the Netherlands, Italy and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and China ($X) constituted the largest base metal flexible tubing suppliers to Israel, together accounting for X% of total imports. France, Germany, Turkey, the Netherlands, Italy and Spain lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average base metal flexible tubing import price stood at $X per ton in 2022, almost unchanged from the previous year. In general, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($X per ton) and the United States ($X per ton), while the price for Spain ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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