Israel: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Israel

In 2020, the Israeli market for iron or steel leaf-springs and leaves was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated buoyant growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Consumption peaked in 2020 and is expected to retain growth in years to come.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Israel

In 2020, overseas shipments of iron or steel leaf-springs and leaves decreased by -X% to X kg, falling for the third year in a row after three years of growth. In general, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tons in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, exports of iron or steel leaf-springs and leaves shrank notably to $X in 2020. Overall, exports showed a precipitous descent. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for exports of iron or steel leaf-springs and leaves from Israel, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands totaled -X%.

In value terms, the Netherlands ($X) also remains the key foreign market for iron or steel leaf-spring and leave exports from Israel.

From 2007 to 2020, the average annual growth rate of value to the Netherlands stood at -X%.

Export Prices by Country

The average export price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, rising by X% against the previous year. Overall, the export price recorded a buoyant increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the rate of growth in terms of prices for the Netherlands amounted to +X% per year.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Israel

In 2020, overseas purchases of iron or steel leaf-springs and leaves increased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. Overall, total imports indicated a buoyant increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, imports of iron or steel leaf-springs and leaves skyrocketed to $X in 2020. In general, total imports indicated prominent growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Sweden (X tons) constituted the largest iron or steel leaf-spring and leave supplier to Israel, with a X% share of total imports. Moreover, imports of iron or steel leaf-springs and leaves from Sweden exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was occupied by China (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Sweden stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and China (+X% per year).

In value terms, Sweden ($X) constituted the largest supplier of iron or steel leaf-spring and leave to Israel, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Sweden stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and China (+X% per year).

Import Prices by Country

The average import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2010; however, from 2011 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from the U.S. ($X per ton) and Italy ($X per ton), while the price for China ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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