Israel: Extruded Rod Market 2022

Extruded Rod Market Size in Israel

For the third consecutive year, the Israeli extruded rod market recorded growth in sales value, which increased by X% to $X in 2021. Over the period under review, consumption, however, saw a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Extruded Rod Production in Israel

In value terms, extruded rod production surged to $X in 2021 estimated in export price. In general, production, however, showed a abrupt decline. Extruded rod production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Extruded Rod Exports

Exports from Israel

For the fourth consecutive year, Israel recorded decline in shipments abroad of extruded rods and profile shapes of cellular vulcanised rubber, which decreased by -X% to X tons in 2021. Over the period under review, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, extruded rod exports shrank significantly to $X in 2021. In general, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for extruded rod exports from Israel, with a X% share of total exports. Moreover, extruded rod exports to Germany exceeded the volume sent to the second major destination, Russia (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to -X%.

In value terms, Russia ($X) emerged as the key foreign market for extruded rod exports from Israel, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia was relatively modest.

Export Prices by Country

The average extruded rod export price stood at $X per ton in 2021, declining by -X% against the previous year. Over the period under review, the export price, however, posted a moderate expansion. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-X%).

Extruded Rod Imports

Imports into Israel

In 2021, overseas purchases of extruded rods and profile shapes of cellular vulcanised rubber increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, extruded rod imports skyrocketed to $X in 2021. In general, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Greece (X tons) constituted the largest supplier of extruded rod to Israel, accounting for a X% share of total imports. Moreover, extruded rod imports from Greece exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Greece totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Turkey (+X% per year).

In value terms, Greece ($X) constituted the largest supplier of extruded rod to Israel, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Greece totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2021, the average extruded rod import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Greece ($X per ton) and Turkey ($X per ton), while the price for China ($X per ton) and Belgium ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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