Israel: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in Israel

In 2021, the Israeli gypsum and anhydrite market increased by 4.1% to $X, rising for the second year in a row after four years of decline. Overall, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +5.3% against 2019 indices. Gypsum and anhydrite consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Gypsum And Anhydrite Production in Israel

In value terms, gypsum and anhydrite production rose notably to $X in 2021 estimated in export price. Overall, production recorded a strong expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 411% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Gypsum And Anhydrite Exports

Exports from Israel

In 2021, overseas shipments of gypsum and anhydrite decreased by -8% to X tons, falling for the third consecutive year after four years of growth. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 286% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, gypsum and anhydrite exports dropped slightly to $X in 2021. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 288% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Palestine (X tons), Kenya (X tons) and Congo (X tons) were the main destinations of gypsum and anhydrite exports from Israel, with a combined 97% share of total exports.

From 2012 to 2021, the biggest increases were in Congo (with a CAGR of +13.1%), while shipments for the other leaders experienced a decline.

In value terms, Palestine ($X), Kenya ($X) and Congo ($X) constituted the largest markets for gypsum and anhydrite exported from Israel worldwide, with a combined 97% share of total exports.

Among the main countries of destination, Congo, with a CAGR of +13.7%, 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 gypsum and anhydrite export price amounted to $X per ton, surging by 4.3% against the previous year. Overall, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 87%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Palestine ($X per ton), while the average price for exports to Congo ($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 Kenya (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Gypsum And Anhydrite Imports

Imports into Israel

In 2021, purchases abroad of gypsum and anhydrite decreased by -5.2% to X tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 17% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, gypsum and anhydrite imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2014 with an increase of 15%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Cyprus (X tons) was the main gypsum and anhydrite supplier to Israel, accounting for a 96% share of total imports. Moreover, gypsum and anhydrite imports from Cyprus exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Cyprus totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-4.0% per year) and Spain (-61.5% per year).

In value terms, Cyprus ($X) constituted the largest supplier of gypsum and anhydrite to Israel, comprising 91% of total imports. The second position in the ranking was held by Turkey ($X), with a 5.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Cyprus totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+0.5% per year) and Spain (-64.0% per year).

Import Prices by Country

In 2021, the average gypsum and anhydrite import price amounted to $X per ton, with an increase of 15% against the previous year. In general, the import price, however, showed a pronounced setback. Over the period under review, average import prices hit record highs 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, the country with the highest price was Turkey ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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