Israel: Tin Market 2022

Tin Market Size in Israel

The Israeli tin market skyrocketed to $X in 2021, picking up 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). Overall, consumption, however, showed a noticeable decrease. Tin consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Tin Exports

Exports from Israel

In 2021, exports of tin from Israel surged to X tonnes, rising by X% against the previous year. In general, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X tonnes in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, tin exports surged to $X in 2021. Over the period under review, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X tonnes) was the main destination for tin exports from Israel, accounting for a X% share of total exports. Moreover, tin exports to Belgium exceeded the volume sent to the second major destination, Romania (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium stood at -X%.

In value terms, Belgium ($X) remains the key foreign market for tin exports from Israel, comprising X% of total exports. The second position in the ranking was occupied by Romania ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belgium totaled -X%.

Export Prices by Country

The average tin export price stood at $X per tonne in 2021, rising by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per tonne. From 2016 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Romania ($X per tonne), while the average price for exports to Belgium amounted to $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+X%).

Tin Imports

Imports into Israel

In 2021, tin imports into Israel surged to X tonnes, jumping by X% against 2020 figures. In general, imports, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at X tonnes in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, tin imports soared to $X in 2021. Overall, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X tonnes), Switzerland (X tonnes) and the UK (X tonnes) were the main suppliers of tin imports to Israel, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Hong Kong SAR (with a CAGR of +X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Hong Kong SAR ($X) constituted the largest supplier of tin to Israel, comprising X% of total imports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Hong Kong SAR amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-X% per year) and the UK (-X% per year).

Import Prices by Country

The average tin import price stood at $X per tonne in 2021, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per tonne in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hong Kong SAR ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform