Israel: Iron Angle Market 2025

Iron Angle Market Size in Israel

The Israeli iron angle market skyrocketed to $X in 2021, picking up by 28% 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). Over the period under review, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +54.6% against 2016 indices. Iron angle consumption peaked in 2021 and is expected to retain growth in years to come.

Iron Angle Exports

Exports from Israel

In 2021, shipments abroad of angles, shapes and sections (of iron or non-alloy steel) decreased by -10.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 65% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then reduced in the following year.

In value terms, iron angle exports soared to $X in 2021. Overall, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 103%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Jordan (X tons) was the main destination for iron angle exports from Israel, accounting for a 70% share of total exports. Moreover, iron angle exports to Jordan exceeded the volume sent to the second major destination, Palestine (X tons), threefold. The third position in this ranking was held by Angola (X tons), with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Jordan amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+31.7% per year) and Angola (-1.8% per year).

In value terms, Jordan ($X) remains the key foreign market for angles, shapes and sections (of iron or non-alloy steel) exports from Israel, comprising 66% of total exports. The second position in the ranking was held by Palestine ($X), with a 29% share of total exports. It was followed by Angola, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Jordan amounted to +19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+28.8% per year) and Angola (-0.5% per year).

Export Prices by Country

The average iron angle export price stood at $X per ton in 2021, jumping by 57% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iron angle export price increased by +58.3% against 2019 indices. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Nigeria ($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 Angola (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Iron Angle Imports

Imports into Israel

In 2021, after two years of growth, there was decline in overseas purchases of angles, shapes and sections (of iron or non-alloy steel), when their volume decreased by -1.3% to X tons. In general, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +33.5% against 2018 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 46%. Imports peaked at X tons in 2020, and then shrank slightly in the following year.

In value terms, iron angle imports surged to $X in 2021. Overall, imports, however, posted moderate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Spain (X tons) and the United Arab Emirates (X tons) were the main suppliers of iron angle imports to Israel, with a combined 87% share of total imports. These countries were followed by China, Russia and Luxembourg, which together accounted for a further 7.2%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +166.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Spain ($X) and the United Arab Emirates ($X) were the largest iron angle suppliers to Israel, together accounting for 87% of total imports. These countries were followed by China, Russia and Luxembourg, which together accounted for a further 7.6%.

Among the main suppliers, Russia, with a CAGR of +151.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron angle import price stood at $X per ton in 2021, jumping by 43% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 2021, amid the top importers, the countries with the highest prices were Luxembourg ($X per ton) and Russia ($X per ton), while the price for the United Arab Emirates ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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