Israel: Expanded Clays Market 2024

Expanded Clays Market Size in Israel

The Israeli expanded clays market skyrocketed to $X in 2021, increasing by 20% 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 a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.2% 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 +92.2% against 2014 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Expanded Clays Exports

Exports from Israel

In 2021, overseas shipments of exfoliated vermiculite, expanded clays and foamed slag increased by 708% to X tons, rising for the third year in a row after three years of decline. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, expanded clays exports soared to $X in 2021. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 when exports increased by 414%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons) was the main destination for expanded clays exports from Israel, with a 39% share of total exports. Moreover, expanded clays exports to Italy exceeded the volume sent to the second major destination, Djibouti (X tons), sixfold. Ghana (X tons) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +32.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Djibouti (+15.5% per year) and Ghana (+17.3% per year).

In value terms, Italy ($X) emerged as the key foreign market for exfoliated vermiculite, expanded clays and foamed slag exports from Israel, comprising 26% of total exports. The second position in the ranking was taken by Ghana ($X), with an 8.2% share of total exports. It was followed by Djibouti, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy totaled +24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+13.9% per year) and Djibouti (+16.1% per year).

Export Prices by Country

The average expanded clays export price stood at $X per ton in 2021, dropping by -46.5% against the previous year. Overall, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of 49%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then contracted remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Cyprus ($X per ton), while the average price for exports to Canada ($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 Cyprus (+23.7%), while the prices for the other major destinations experienced mixed trend patterns.

Expanded Clays Imports

Imports into Israel

In 2021, approx. X tons of exfoliated vermiculite, expanded clays and foamed slag were imported into Israel; rising by 26% against the previous year. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 50%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, expanded clays imports skyrocketed to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.5% 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 +79.4% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) constituted the largest expanded clays supplier to Israel, with a 34% share of total imports. Moreover, expanded clays imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The third position in this ranking was held by Ukraine (X tons), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.5% per year) and Ukraine (+27.1% per year).

In value terms, Turkey ($X) constituted the largest supplier of exfoliated vermiculite, expanded clays and foamed slag to Israel, comprising 39% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.5% share of total imports. It was followed by Ukraine, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+19.2% per year) and Ukraine (+27.8% per year).

Import Prices by Country

The average expanded clays import price stood at $X per ton in 2021, rising by 3.3% against the previous year. Over the period under review, the import price, however, recorded a slight reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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