Israel: Cold-Rolled Steel Products Market 2025

Cold-Rolled Steel Products Market Size in Israel

In 2022, the Israeli cold-rolled steel products market increased by 56% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +98.1% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cold-Rolled Steel Products Exports

Exports from Israel

In 2022, the amount of flat-rolled products of iron or steel (not further worked than cold-rolled) exported from Israel expanded to X tons, surging by 2.6% on the year before. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cold-rolled steel products exports rose significantly to $X in 2022. Overall, exports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 23% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X tons), France (X tons) and Hungary (X tons) were the main destinations of cold-rolled steel products exports from Israel, with a combined 39% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +47.0%), while the other leaders experienced mixed trend patterns.

In value terms, France ($X) emerged as the key foreign market for flat-rolled products of iron or steel (not further worked than cold-rolled) exports from Israel, comprising 23% of total exports. The second position in the ranking was held by Serbia ($X), with an 8.3% share of total exports. It was followed by Nigeria, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value to France totaled +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+42.9% per year) and Nigeria (-1.3% per year).

Export Prices by Country

In 2022, the average cold-rolled steel products export price amounted to $X per ton, rising by 5.2% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cold-rolled steel products export price increased by +10.8% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 37%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cold-Rolled Steel Products Imports

Imports into Israel

In 2022, purchases abroad of flat-rolled products of iron or steel (not further worked than cold-rolled) increased by 40% to X tons, rising for the second consecutive year after three years of decline. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cold-rolled steel products imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a perceptible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Cyprus (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of cold-rolled steel products imports to Israel, together accounting for 45% of total imports. Switzerland, Turkey, Greece, Russia, Luxembourg, the United Arab Emirates, Singapore, India, Germany and Finland lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +14.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), China ($X) and Cyprus ($X) were the largest cold-rolled steel products suppliers to Israel, together accounting for 50% of total imports.

Among the main suppliers, China, with a CAGR of +19.3%, 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

In 2022, the average cold-rolled steel products import price amounted to $X per ton, jumping by 15% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cold-rolled steel products import price increased by +74.4% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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