Report Update Apr 1, 2024

Israel - Hot-Rolled Bars in Free-Cutting Steels - Market Analysis, Forecast, Size, Trends and Insights

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Israel: Hot-Rolled Free-Cutting Steel Market 2024

Hot-Rolled Free-Cutting Steel Market Size in Israel

The Israeli hot-rolled free-cutting steel market expanded remarkably to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a significant increase. Hot-rolled free-cutting steel consumption peaked in 2022 and is expected to retain growth in the near future.

Hot-Rolled Free-Cutting Steel Exports

Exports from Israel

In 2019, overseas shipments of hot-rolled bars in free-cutting steels decreased by X% to X tons, falling for the second consecutive year after two years of decline. In general, exports recorded a significant increase. The smallest decline of X% was in 2018. Over the period under review, the exports attained the peak figure in 2019 and are expected to retain growth in the immediate term.

In value terms, hot-rolled free-cutting steel exports totaled $X in 2019. Over the period under review, exports recorded measured growth. The smallest decline of X% was in 2018. Over the period under review, the exports attained the maximum in 2019 and are likely to see gradual growth in the near future.

Exports by Country

Cyprus (X tons) was the main destination for hot-rolled free-cutting steel exports from Israel, with a approx. X% share of total exports.

From 2015 to 2019, the average annual growth rate of volume to Cyprus was relatively modest.

From 2015 to 2019, the average annual growth rate of value to Cyprus was relatively modest.

Export Prices by Country

The average hot-rolled free-cutting steel export price stood at $X per ton in 2019, remaining stable against the previous year. In general, the export price recorded a dramatic contraction. The pace of growth appeared the most rapid in 2018 a decrease of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2015 to 2019, the rate of growth in terms of prices for China amounted to X% per year.

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Hot-Rolled Free-Cutting Steel Imports

Imports into Israel

In 2022, the amount of hot-rolled bars in free-cutting steels imported into Israel shrank to X tons, which is down by X% on the previous year. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, hot-rolled free-cutting steel imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Turkey (X tons) was the main hot-rolled free-cutting steel supplier to Israel, with a X% share of total imports. It was followed by Spain (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to X%.

In value terms, Turkey ($X) constituted the largest supplier of hot-rolled bars in free-cutting steels to Israel, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at X%.

Import Prices by Country

The average hot-rolled free-cutting steel import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, import price indicated a modest 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, hot-rolled free-cutting steel import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Spain totaled $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in free-cutting steels in the world?

Thailand constituted the country with the largest volume of hot-rolled free-cutting steel consumption, accounting for 30% of total volume. Moreover, hot-rolled free-cutting steel consumption in Thailand exceeded the figures recorded by the second-largest consumer, the UK, twofold. Italy ranked third in terms of total consumption with an 8.9% share.

What are the largest producers of hot-rolled bars in free-cutting steels in the world?

Thailand constituted the country with the largest volume of hot-rolled free-cutting steel production, comprising approx. 30% of total volume. Moreover, hot-rolled free-cutting steel production in Thailand exceeded the figures recorded by the second-largest producer, the UK, twofold. Japan ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of hot-rolled bars in free-cutting steels to Israel?

In value terms, Turkey constituted the largest supplier of hot-rolled bars in free-cutting steels to Israel, comprising 100% of total imports. The second position in the ranking was held by Spain, with a 0.1% share of total imports.

What is the average export price for hot-rolled bars in free-cutting steels in Israel?

The average hot-rolled free-cutting steel export price stood at $765 per ton in 2019, remaining stable against the previous year.

What is the average import price for hot-rolled bars in free-cutting steels in Israel?

In 2022, the average hot-rolled free-cutting steel import price amounted to $1,253 per ton, jumping by 30% against the previous year.

This report provides an in-depth analysis of the hot-rolled free-cutting steel 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 24106230 - Hot-rolled bars in free-cutting steels

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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