Israel: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Israel

In 2021, after two years of growth, there was decline in the Israeli market for inorganic oxygen compounds of non-metals, when its value decreased by -1.9% to $X. Overall, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +76.9% against 2016 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from Israel

In 2021, after three years of decline, there was significant growth in overseas shipments of inorganic oxygen compounds of non-metals, when their volume increased by 800% to X tons. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, inorganic oxygen compounds of non-metals exports surged to $X in 2021. In general, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons), Palestine (X tons) and Cyprus (X tons) were the main destinations of inorganic oxygen compounds of non-metals exports from Israel, together comprising 87% of total exports.

From 2012 to 2021, the biggest increases were recorded for Palestine (with a CAGR of +367.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Palestine ($X) emerged as the key foreign market for inorganic oxygen compounds of non-metals exports from Israel, comprising 60% of total exports. The second position in the ranking was held by India ($X), with an 18% share of total exports. It was followed by Belgium, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value to Palestine totaled +356.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-4.2% per year) and Belgium (+44.8% per year).

Export Prices by Country

The average export price for inorganic oxygen compounds of non-metals stood at $X per ton in 2021, jumping by 46% against the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of 129%. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Palestine ($X per ton), while the average price for exports to India ($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 Spain (+49.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into Israel

Inorganic oxygen compounds of non-metals imports into Israel rose notably to X tons in 2021, increasing by 15% against the previous year. Overall, total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +2.8% 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 +96.7% against 2016 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 43% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, inorganic oxygen compounds of non-metals imports reduced slightly to $X in 2021. In general, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.3% against 2015 indices. The pace of growth appeared the most rapid in 2020 with an increase of 38%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

The United States (X tons), Switzerland (X tons) and the Czech Republic (X tons) were the main suppliers of inorganic oxygen compounds of non-metals imports to Israel, with a combined 67% share of total imports. These countries were followed by China, the Netherlands, Austria, Taiwan (Chinese) and Germany, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +144.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Switzerland ($X) and the Czech Republic ($X) constituted the largest inorganic oxygen compounds of non-metals suppliers to Israel, together comprising 67% of total imports. These countries were followed by China, the Netherlands, Austria, Taiwan (Chinese) and Germany, which together accounted for a further 29%.

Taiwan (Chinese), with a CAGR of +133.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for inorganic oxygen compounds of non-metals stood at $X per ton in 2021, reducing by -12.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 3.7% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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