Israel: Hot-Dipped Metal-Coated Sheet Market 2024

Hot-Dipped Metal-Coated Sheet Market Size in Israel

The Israeli hot-dipped metal-coated sheet market skyrocketed to $X in 2021, rising by 57% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Israel

Hot-dipped metal-coated sheet exports from Israel stood at X tons in 2021, growing by 9.3% against the year before. Overall, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2013 when exports increased by 86%. 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, hot-dipped metal-coated sheet exports dropped slightly to $X in 2021. Over the period under review, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by 95%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Palestine (X tons) was the main destination for hot-dipped metal-coated sheet exports from Israel, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Palestine amounted to +36.5%.

In value terms, Palestine ($X) also remains the key foreign market for hot-dipped metal-coated sheet exports from Israel.

From 2012 to 2021, the average annual rate of growth in terms of value to Palestine stood at +31.0%.

Export Prices by Country

In 2021, the average hot-dipped metal-coated sheet export price amounted to $X per ton, waning by -11.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 16% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Palestine.

From 2012 to 2021, the rate of growth in terms of prices for Nigeria amounted to -2.8% per year.

Hot-Dipped Metal-Coated Sheet Imports

Imports into Israel

Hot-dipped metal-coated sheet imports into Israel skyrocketed to X tons in 2021, increasing by 22% on the previous year. Over the period under review, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +26.3% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by 61% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, hot-dipped metal-coated sheet imports surged to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of hot-dipped metal-coated sheet to Israel, with a 82% share of total imports. Moreover, hot-dipped metal-coated sheet imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. Russia (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +27.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-1.1% per year) and Russia (+47.0% per year).

In value terms, China ($X) constituted the largest supplier of hot-dipped metal-coated sheet to Israel, comprising 82% of total imports. The second position in the ranking was taken by Turkey ($X), with a 7.4% share of total imports. It was followed by Russia, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +29.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+2.4% per year) and Russia (+57.2% per year).

Import Prices by Country

In 2021, the average hot-dipped metal-coated sheet import price amounted to $X per ton, growing by 44% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from China ($X per ton) and Turkey ($X per ton), while the price for Singapore ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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