Israel: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Israel

The Israeli cyclanic, cyclenic hydrocarbons derivatives market shrank markedly to $X in 2022, which is down by -19.2% against the previous year. Over the period under review, consumption continues to indicate a significant curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Israel

In value terms, cyclanic, cyclenic hydrocarbons derivatives production fell slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 17%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from Israel

In 2022, approx. X tons of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons were exported from Israel; remaining constant against 2021. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 260%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports fell markedly to $X in 2022. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 262%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X kg), Ireland (X kg) and Belgium (X kg) were the main destinations of cyclanic, cyclenic hydrocarbons derivatives exports from Israel, with a combined 72% 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 Belgium (with a CAGR of +31.6%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Russia ($X) and Ireland ($X) constituted the largest markets for cyclanic, cyclenic hydrocarbons derivatives exported from Israel worldwide, together comprising 79% of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +36.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per ton in 2022, falling by -19% against the previous year. Over the period under review, the export price, however, continues to indicate measured growth. The growth pace was the most rapid in 2021 when the average export price increased by 147% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to South Korea ($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 Belgium (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into Israel

In 2022, approx. X tons of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons were imported into Israel; dropping by -38.7% on the year before. Overall, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports rose notably to $X in 2022. In general, imports recorded a dramatic downturn. The growth pace was the most rapid in 2018 with an increase of 34% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of cyclanic, cyclenic hydrocarbons derivatives to Israel, accounting for a 94% share of total imports. Moreover, cyclanic, cyclenic hydrocarbons derivatives imports from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -1.7%.

In value terms, the United States ($X) constituted the largest supplier of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons to Israel, comprising 98% of total imports. The second position in the ranking was held by China ($X), with a 1.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +14.2%.

Import Prices by Country

In 2022, the average cyclanic, cyclenic hydrocarbons derivatives import price amounted to $X per ton, jumping by 79% against the previous year. Overall, the import price showed a resilient increase. The growth pace was the most rapid in 2020 an increase of 86%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+52.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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