Price for Steel, Alloy; Semi-Finished Products in Israel - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Israel (CIF) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Israel
Price for Steel, Alloy; Semi-Finished Products in Israel (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $2,169 per ton in 2022, with an increase of 47% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue 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 India ($2,169 per ton) and the United States ($2,169 per ton), while the price for the UK ($2,169 per ton) and Spain ($2,169 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Alloy; Semi-Finished Products in Israel
In 2022, purchases abroad of steel, alloy; semi-finished productses was finally on the rise to reach 454 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt downturn.
In value terms, steel, alloy; semi-finished products imports skyrocketed to $984K in 2022. Over the period under review, imports, however, saw a abrupt decrease.
| Import of Steel, Alloy; Semi-Finished Products in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 106 | 187 | 68.4 | 441 | 60.8% |
| United States | 908 | 235 | 74.3 | 130 | -47.7% |
| United Kingdom | 57.0 | 2.4 | 13.1 | 122 | 28.9% |
| Turkey | 24.7 | 24.4 | 14.5 | 80.0 | 48.0% |
| Spain | 35.9 | 31.0 | 16.1 | 68.0 | 23.7% |
| India | 1.3 | 2.5 | 7.2 | 67.0 | 272.1% |
| Austria | 66.9 | 19.8 | 4.6 | 38.0 | -17.2% |
| China | 39.5 | 15.6 | 10.6 | N/A | -48.2% |
| France | 172 | 124 | 54.0 | N/A | -44.0% |
| Others | 144 | 164 | 150 | 38.0 | -35.9% |
| Total | 1,556 | 806 | 413 | 984 | -14.2% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Israel in 2022:
- Italy (203.3 tons)
- United States (59.9 tons)
- United Kingdom (56.2 tons)
- Turkey (36.9 tons)
- Spain (31.4 tons)
- India (30.9 tons)
- Austria (17.5 tons)
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