Israel: Alkali Metals Market 2024

Alkali Metals Market Size in Israel

In 2021, the Israeli alkali metals market decreased by -19.8% to $X, falling for the third consecutive year after four years of growth. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Alkali Metals Exports

Exports from Israel

In 2021, approx. X tons of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury were exported from Israel; picking up by 3,570% on the previous year. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, alkali metals exports surged to $X in 2021. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X kg), India (X kg) and Germany (X kg) were the main destinations of alkali metals exports from Israel, with a combined 5.6% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, India ($X) emerged as the key foreign market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exports from Israel, comprising 26% of total exports. The second position in the ranking was taken by Germany ($X), with a 7.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.8% per year) and China (-9.0% per year).

Export Prices by Country

In 2021, the average alkali metals export price amounted to $X per ton, reducing by -33.9% against the previous year. Overall, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 83% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Alkali Metals Imports

Imports into Israel

In 2021, supplies from abroad of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by -13.3% to X tons, falling for the second year in a row after three years of growth. Overall, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 30% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, alkali metals imports expanded modestly to $X in 2021. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 55%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of alkali metals to Israel, with a 80% share of total imports. Moreover, alkali metals imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.6% per year) and the Netherlands (-12.3% per year).

In value terms, China ($X) constituted the largest supplier of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury to Israel, comprising 85% of total imports. The second position in the ranking was held by the United States ($X), with a 10% share of total imports. It was followed by the UK, with a 1.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.4% per year) and the UK (-6.9% per year).

Import Prices by Country

In 2021, the average alkali metals import price amounted to $X per ton, picking up by 18% against the previous year. Overall, the import price enjoyed a remarkable increase. The growth pace was the most rapid in 2015 when the average import price increased by 31%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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