Israel: Market for Iron or Steel Cans 2025

Market Size for Iron or Steel Cans in Israel

In 2021, the Israeli iron or steel can market decreased by -1% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Iron or steel can consumption peaked at $X in 2020, and then dropped in the following year.

Production of Iron or Steel Cans in Israel

In value terms, iron or steel can production shrank slightly to $X in 2021 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +54.1% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 30%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Iron or Steel Cans

Exports from Israel

In 2021, shipments abroad of iron or steel cans was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a sharp contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 1,280%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, iron or steel can exports reached $X in 2021. Overall, exports, however, showed a dramatic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 1,370% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Palestine (X units) was the main destination for iron or steel can exports from Israel, accounting for a 72% share of total exports. Moreover, iron or steel can exports to Palestine exceeded the volume sent to the second major destination, Germany (X units), fivefold. Egypt (X units) ranked third in terms of total exports with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Palestine totaled -23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-20.3% per year) and Egypt (-28.2% per year).

In value terms, Palestine ($X) remains the key foreign market for iron or steel cans exports from Israel, comprising 70% of total exports. The second position in the ranking was taken by Germany ($X), with a 15% share of total exports. It was followed by Turkey, with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Palestine stood at -23.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-15.6% per year) and Turkey (+3.5% per year).

Export Prices by Country

In 2021, the average iron or steel can export price amounted to $X per unit, growing by 4.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 39% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cyprus ($X per unit), while the average price for exports to Egypt ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cans

Imports into Israel

In 2021, the amount of iron or steel cans imported into Israel skyrocketed to X units, picking up by 64% compared with the year before. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 138% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, iron or steel can imports soared to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 153%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X units) constituted the largest supplier of iron or steel can to Israel, accounting for a 74% share of total imports. Moreover, iron or steel can imports from Turkey exceeded the figures recorded by the second-largest supplier, Palestine (X units), more than tenfold. The third position in this ranking was held by Italy (X units), with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Palestine (-3.3% per year) and Italy (-6.1% per year).

In value terms, Turkey ($X) constituted the largest supplier of iron or steel cans to Israel, comprising 71% of total imports. The second position in the ranking was held by Palestine ($X), with a 5.4% share of total imports. It was followed by Portugal, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Palestine (-3.2% per year) and Portugal (+19.2% per year).

Import Prices by Country

The average iron or steel can import price stood at $X per unit in 2021, growing by 7.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Portugal ($X per unit) and Turkey ($X per unit), while the price for Palestine ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :