Israel: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Israel

The Israeli halogenated hydrocarbon derivative market totaled $X in 2022, with an increase of 4.4% against the previous year. In general, consumption saw a resilient increase. Over the period under review, the market attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Halogenated Hydrocarbon Derivative Production in Israel

In value terms, halogenated hydrocarbon derivative production stood at $X in 2022 estimated in export price. In general, production recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Halogenated Hydrocarbon Derivative Exports

Exports from Israel

In 2022, after two years of decline, there was significant growth in overseas shipments of halogenated derivatives of hydrocarbons, when their volume increased by 18% to X tons. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 71%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative exports declined modestly to $X in 2022. In general, exports, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2016 with an increase of 57%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons), Belgium (X tons) and the United States (X tons) were the main destinations of halogenated hydrocarbon derivative exports from Israel, together comprising 79% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +15.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for halogenated hydrocarbon derivative exported from Israel were the UK ($X), Belgium ($X) and the United States ($X), with a combined 76% share of total exports. South Africa, India, South Korea and the Netherlands lagged somewhat behind, together comprising a further 12%.

Among the main countries of destination, India, with a CAGR of +19.2%, recorded the highest rates of growth with regard to 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 halogenated hydrocarbon derivative export price stood at $X per ton in 2022, which is down by -15.6% against the previous year. Overall, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2016 an increase of 46% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the 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 South Africa ($X per ton), while the average price for exports to the Netherlands ($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 India (+14.8%), while the prices for the other major destinations experienced mixed trend patterns.

Halogenated Hydrocarbon Derivative Imports

Imports into Israel

In 2022, the amount of halogenated derivatives of hydrocarbons imported into Israel expanded rapidly to X tons, increasing by 10% against 2021. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 225% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, halogenated hydrocarbon derivative imports surged to $X in 2022. Overall, total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and the United States (X tons) were the main suppliers of halogenated hydrocarbon derivative imports to Israel, together accounting for 80% of total imports. France, the UK, India, Taiwan (Chinese), Hong Kong SAR, Belgium, the Netherlands and Switzerland lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +36.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest halogenated hydrocarbon derivative suppliers to Israel were China ($X), the United States ($X) and Germany ($X), with a combined 89% share of total imports. France, India, the UK, Taiwan (Chinese), Hong Kong SAR, the Netherlands, Belgium and Switzerland lagged somewhat behind, together comprising a further 8.4%.

Taiwan (Chinese), with a CAGR of +45.3%, saw the highest growth rate of the value of imports, among the main suppliers 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 halogenated hydrocarbon derivative import price amounted to $X per ton, rising by 34% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 38%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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