Israel: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in Israel

The Israeli calcium ammonium nitrate (CAN) market dropped slightly to $X in 2021, which is down by -2.4% against the previous year. Overall, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.9% 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 +3.9% against 2019 indices. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Calcium Ammonium Nitrate (CAN) in Israel

In value terms, calcium ammonium nitrate (CAN) production shrank to $X in 2021 estimated in export price. Overall, the total production indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +4.1% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 46% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Exports of Calcium Ammonium Nitrate (CAN)

Exports from Israel

For the third year in a row, Israel recorded decline in overseas shipments of calcium ammonium nitrate (CAN), which decreased by -16.1% to X tons in 2021. Overall, exports faced a dramatic slump. The pace of growth was the most pronounced in 2018 when exports increased by 202%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, calcium ammonium nitrate (CAN) exports shrank rapidly to $X in 2021. Over the period under review, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 64% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Palestine (X tons) was the main destination for calcium ammonium nitrate (CAN) exports from Israel, accounting for a approx. 795% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Palestine stood at -6.8%.

In value terms, Palestine ($X) also remains the key foreign market for calcium ammonium nitrate (CAN) exports from Israel.

From 2012 to 2021, the average annual growth rate of value to Palestine amounted to -6.4%.

Export Prices by Country

The average calcium ammonium nitrate (CAN) export price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 28% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Palestine.

From 2012 to 2021, the rate of growth in terms of prices for Palestine amounted to +0.3% per year.

Imports of Calcium Ammonium Nitrate (CAN)

Imports into Israel

In 2021, approx. X tons of calcium ammonium nitrate (CAN) were imported into Israel; declining by -20.6% compared with 2020. Over the period under review, imports showed a perceptible descent. The growth pace was the most rapid in 2016 when imports increased by 56%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, calcium ammonium nitrate (CAN) imports contracted significantly to $X in 2021. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 47%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, South Korea (X tons) was the main calcium ammonium nitrate (CAN) supplier to Israel, with a 98% share of total imports. Moreover, calcium ammonium nitrate (CAN) imports from South Korea exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea totaled -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-19.4% per year) and Palestine (-53.9% per year).

In value terms, South Korea ($X) constituted the largest supplier of calcium ammonium nitrate (CAN) to Israel, comprising 90% of total imports. The second position in the ranking was taken by Spain ($X), with a 4.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea totaled -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-24.1% per year) and Palestine (-55.4% per year).

Import Prices by Country

The average calcium ammonium nitrate (CAN) import price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 24%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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