Israel: Steel Plaited Band Market 2024

Steel Plaited Band Market Size in Israel

The Israeli steel plaited band market skyrocketed to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Steel plaited band consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Steel Plaited Band Production in Israel

In value terms, steel plaited band production soared to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Steel plaited band production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Steel Plaited Band Exports

Exports from Israel

Steel plaited band exports from Israel surged to X tons in 2022, increasing by X% against the year before. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, steel plaited band exports skyrocketed to $X in 2022. Overall, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for steel plaited band exports from Israel, accounting for a X% share of total exports. Moreover, steel plaited band exports to the Czech Republic exceeded the volume sent to the second major destination, the United States (X tons), sevenfold. Canada (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic stood at X.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Canada (X% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for iron or steel plaited bands and slings exports from Israel, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic stood at X.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Canada (X% per year).

Export Prices by Country

The average steel plaited band export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ghana ($X per ton) and the Czech Republic ($X per ton), while the average price for exports to Austria ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (X%), while the prices for the other major destinations experienced mixed trend patterns.

Steel Plaited Band Imports

Imports into Israel

In 2022, the amount of iron or steel plaited bands and slings imported into Israel soared to X tons, with an increase of X% compared with the previous year's figure. Over the period under review, imports, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, steel plaited band imports surged to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest steel plaited band supplier to Israel, with a X% share of total imports. Moreover, steel plaited band imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was taken by Turkey (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel plaited bands and slings to Israel, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Turkey (X% per year).

Import Prices by Country

The average steel plaited band import price stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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