Israel: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in Israel

The Israeli double or complex silicates market reduced to $X in 2021, shrinking by -2.1% 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). In general, consumption saw a pronounced slump. Double or complex silicates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Double Or Complex Silicates

Exports from Israel

After three years of growth, shipments abroad of double or complex silicates decreased by -54.1% to X tons in 2021. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 734% against the previous year. As a result, the exports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, double or complex silicates exports totaled $X in 2021. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 412%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Palestine (X kg), Turkey (X kg) and France (X kg) were the main destinations of double or complex silicates exports from Israel, together comprising 40% of total exports.

From 2012 to 2021, the biggest increases were recorded for Palestine (with a CAGR of +31.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for double or complex silicates exported from Israel were Palestine ($X), Turkey ($X) and France ($X), together accounting for 26% of total exports.

In terms of the main countries of destination, Palestine, with a CAGR of +49.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average double or complex silicates export price amounted to $X per ton, surging by 149% against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 181% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Palestine ($X per ton), while the average price for exports to France ($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 (+488.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Double Or Complex Silicates

Imports into Israel

In 2021, the amount of double or complex silicates imported into Israel dropped to X tons, falling by -11.3% against 2020 figures. Over the period under review, imports continue to indicate a slight reduction. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, double or complex silicates imports rose slightly to $X in 2021. In general, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest double or complex silicates supplier to Israel, with a 30% share of total imports. Moreover, double or complex silicates imports from Spain exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was held by Bosnia and Herzegovina (X tons), with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-6.2% per year) and Bosnia and Herzegovina (+2.0% per year).

In value terms, Spain ($X) constituted the largest supplier of double or complex silicates to Israel, comprising 31% of total imports. The second position in the ranking was held by Germany ($X), with an 8.5% share of total imports. It was followed by India, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.1% per year) and India (-7.5% per year).

Import Prices by Country

In 2021, the average double or complex silicates import price amounted to $X per ton, rising by 18% against the previous year. Over the period under review, the import price, however, recorded a slight descent. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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