Israel: Concrete Reinforcing Bar Market 2024

Concrete Reinforcing Bar Market Size in Israel

In 2022, the Israeli concrete reinforcing bar market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a notable increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Concrete Reinforcing Bar Exports

Exports from Israel

In 2022, the amount of concrete reinforcing bars exported from Israel soared to X tons, rising by X% against 2021. In general, exports showed significant growth. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, concrete reinforcing bar exports soared to $X in 2022. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for concrete reinforcing bar exports from Israel, with a X% share of total exports. Moreover, concrete reinforcing bar exports to Germany exceeded the volume sent to the second major destination, China (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Italy (X% per year).

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

Export Prices by Country

The average concrete reinforcing bar export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined markedly in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($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 Germany (X%).

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Concrete Reinforcing Bar Imports

Imports into Israel

In 2022, overseas purchases of concrete reinforcing bars increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, concrete reinforcing bar imports surged to $X in 2022. Over the period under review, imports recorded strong growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of concrete reinforcing bar to Israel, accounting for a X% share of total imports. Moreover, concrete reinforcing bar imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. The third position in this ranking was taken by Jordan (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X.1% per year) and Jordan (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of concrete reinforcing bars to Israel, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Jordan, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X.4% per year) and Jordan (X% per year).

Import Prices by Country

The average concrete reinforcing bar import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete reinforcing bar import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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

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

Source: IndexBox Platform

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