Report Update Mar 1, 2025

Israel - Hot-Rolled Bars in Bearing Steels - Market Analysis, Forecast, Size, Trends and Insights

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Israel: Market for Hot-Rolled Bars In Bearing Steels 2025

Market Size for Hot-Rolled Bars In Bearing Steels in Israel

In 2022, the Israeli hot-rolled bearing steel bar market decreased by -21.5% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, enjoyed a significant expansion. Over the period under review, the market reached the peak level at $X in 2021, and then shrank remarkably in the following year.

Exports of Hot-Rolled Bars In Bearing Steels

Exports from Israel

In 2022, approx. X tons of hot-rolled bars in bearing steels were exported from Israel; reducing by -55.7% against 2021 figures. Over the period under review, exports, however, saw mild growth. The pace of growth appeared the most rapid in 2019 with an increase of 52,827%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hot-rolled bearing steel bar exports shrank rapidly to $X in 2022. Overall, exports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2019 when exports increased by 48,338% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for hot-rolled bearing steel bar exports from Israel, accounting for a 92% share of total exports. Moreover, hot-rolled bearing steel bar exports to Romania exceeded the volume sent to the second major destination, Vietnam (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Romania stood at +20.5%.

In value terms, Romania ($X) emerged as the key foreign market for hot-rolled bars in bearing steels exports from Israel, comprising 92% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 6.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Romania stood at +55.1%.

Export Prices by Country

The average hot-rolled bearing steel bar export price stood at $X per ton in 2022, with an increase of 29% against the previous year. In general, the export price posted a modest increase. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Romania totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+28.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hot-Rolled Bars In Bearing Steels

Imports into Israel

In 2022, after four years of growth, there was significant decline in supplies from abroad of hot-rolled bars in bearing steels, when their volume decreased by -32.2% to X tons. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2015 when imports increased by 543% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then contracted markedly in the following year.

In value terms, hot-rolled bearing steel bar imports fell to $X in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 633% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Turkey (X tons) was the main hot-rolled bearing steel bar supplier to Israel, with a 97% share of total imports. It was followed by Jordan (X tons), with a 0.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +89.6%.

In value terms, Turkey ($X) constituted the largest supplier of hot-rolled bars in bearing steels to Israel, comprising 97% of total imports. The second position in the ranking was held by Jordan ($X), with a 0.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to +82.2%.

Import Prices by Country

The average hot-rolled bearing steel bar import price stood at $X per ton in 2022, picking up by 31% against the previous year. Overall, the import price, however, saw a pronounced slump. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Jordan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in bearing steels in the world?

China constituted the country with the largest volume of hot-rolled bearing steel bar consumption, comprising approx. 18% of total volume. Moreover, hot-rolled bearing steel bar consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Turkey, with a 5.6% share.

What are the largest producers of hot-rolled bars in bearing steels in the world?

The country with the largest volume of hot-rolled bearing steel bar production was China, comprising approx. 44% of total volume. Moreover, hot-rolled bearing steel bar production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. Russia ranked third in terms of total production with a 6% share.

What are the leading suppliers of hot-rolled bars in bearing steels to Israel?

In value terms, Turkey constituted the largest supplier of hot-rolled bearing steel bar to Israel, comprising 92% of total imports. The second position in the ranking was occupied by Jordan, with a 4% share of total imports.

What are the leading importers of hot-rolled bars in bearing steels from Israel?

In value terms, India emerged as the key foreign market for hot-rolled bearing steel bar exports from Israel, comprising 44% of total exports. The second position in the ranking was occupied by Sweden, with a 21% share of total exports. It was followed by South Korea, with an 11% share.

What is the average export price for hot-rolled bars in bearing steels in Israel?

The average hot-rolled bearing steel bar export price stood at $1,227 per ton in 2021, picking up by 21% against the previous year.

What is the average import price for hot-rolled bars in bearing steels in Israel?

In 2021, the average hot-rolled bearing steel bar import price amounted to $1,092 per ton, growing by 5.5% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24106630 - Hot-rolled bars in bearing steels

Country coverage:

Israel

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Israel
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024