Report Update Nov 1, 2024

Israel - Argon - Market Analysis, Forecast, Size, Trends and Insights

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Israel: Argon Market 2024

Argon Market Size in Israel

The Israeli argon market expanded markedly to $X in 2022, increasing by 6.7% against the previous year. Overall, consumption, however, saw a noticeable decrease. Argon consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Argon Production in Israel

In value terms, argon production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by 212%. Argon production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Argon Exports

Exports from Israel

In 2022, after four years of decline, there was significant decline in overseas shipments of argon, when their volume decreased by -42.4% to X cubic meters. In general, exports showed a dramatic decline. The growth pace was the most rapid in 2013 with an increase of 3,946% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, argon exports dropped dramatically to $X in 2022. Over the period under review, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2013 when exports increased by 3,946% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Cyprus (X cubic meters) was the main destination for argon exports from Israel, accounting for a 87% share of total exports. Moreover, argon exports to Cyprus exceeded the volume sent to the second major destination, Singapore (X cubic meters), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cyprus stood at +1.7%.

In value terms, Cyprus ($X) remains the key foreign market for argon exports from Israel, comprising 87% of total exports. The second position in the ranking was taken by Singapore ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Cyprus amounted to +2.9%.

Export Prices by Country

In 2022, the average argon export price amounted to $X per cubic meter, rising by 17% against the previous year. Over the period under review, the export price posted a modest expansion. The most prominent rate of growth was recorded in 2014 an increase of 27% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per cubic meter), while the average price for exports to Singapore stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+1.2%).

Argon Imports

Imports into Israel

In 2022, purchases abroad of argon decreased by -9% to X cubic meters, falling for the third year in a row after two years of growth. In general, imports, however, showed a strong increase. The growth pace was the most rapid in 2016 when imports increased by 649%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, argon imports expanded remarkably to $X in 2022. Over the period under review, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by 539%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X cubic meters), Jordan (X cubic meters) and the United States (X cubic meters) were the main suppliers of argon imports to Israel, with a combined 91% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Jordan (with a CAGR of +346.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Jordan ($X) and the United States ($X) appeared to be the largest argon suppliers to Israel, with a combined 91% share of total imports.

In terms of the main suppliers, Jordan, with a CAGR of +387.3%, 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 argon import price stood at $X per cubic meter in 2022, growing by 23% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per cubic meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($X per cubic meter) and the United States ($X per cubic meter), while the price for Italy ($X per cubic meter) and Belgium ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for argon in the world?

The countries with the highest volumes of argon consumption in 2021 were the United States, China and India, with a combined 55% share of global consumption. These countries were followed by Brazil, Poland, Japan, Germany, Iran, the UK and Russia, which together accounted for a further 16%.

What are the largest producers of argon in the world?

The countries with the highest volumes of argon production in 2021 were the United States, China and India, with a combined 56% share of global production. Brazil, Germany, Poland, Japan, Iran, the Netherlands and the UK lagged somewhat behind, together comprising a further 17%.

What are the leading suppliers of argon to Israel?

In value terms, the Netherlands constituted the largest supplier of argon to Israel, comprising 65% of total imports. The second position in the ranking was occupied by the UK, with a 16% share of total imports. It was followed by the United States, with a 9.1% share.

What are the leading importers of argon from Israel?

In value terms, Italy remains the key foreign market for argon exports from Israel, comprising 41% of total exports. The second position in the ranking was occupied by Palestine, with an 18% share of total exports. It was followed by France, with a 15% share.

What is the average export price for argon in Israel?

The average argon export price stood at $0.5 per cubic meter in 2021, picking up by 2.9% against the previous year.

What is the average import price for argon in Israel?

The average argon import price stood at $0.6 per cubic meter in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the argon market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20111120 - Argon

Country coverage:

Israel

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Israel
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023