Israel: Market for Iron Or Steel Towers And Lattice Masts 2025

Market Size for Iron Or Steel Towers And Lattice Masts in Israel

The Israeli iron or steel towers market contracted markedly to $X in 2021, with a decrease of -18.8% against the previous year. Overall, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +8.7% against 2019 indices. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Production of Iron Or Steel Towers And Lattice Masts in Israel

In value terms, iron or steel towers production fell rapidly to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Iron Or Steel Towers And Lattice Masts

Exports from Israel

In 2021, iron or steel towers exports from Israel dropped markedly to X tons, waning by -74.1% compared with the previous year's figure. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2014 with an increase of 83% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, iron or steel towers exports dropped markedly to $X in 2021. In general, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2014 when exports increased by 62% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Palestine (X tons), Congo (X tons) and Uganda (X tons) were the main destinations of iron or steel towers exports from Israel, with a combined 69% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Uganda (with a CAGR of -19.9%), while shipments for the other leaders experienced a decline.

In value terms, Palestine ($X), Congo ($X) and Angola ($X) appeared to be the largest markets for iron or steel towers exported from Israel worldwide, with a combined 62% share of total exports. Uganda, Russia, Kenya, Bolivia, Cote d'Ivoire, Mexico, Tanzania, Guatemala and Myanmar lagged somewhat behind, together comprising a further 18%.

Among the main countries of destination, Bolivia, with a CAGR of -21.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average iron or steel towers export price stood at $X per ton in 2021, increasing by 2.1% against the previous year. Overall, the export price, however, showed a mild curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by 13%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Guatemala ($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 Democratic Republic of the Congo (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Towers And Lattice Masts

Imports into Israel

Iron or steel towers imports into Israel contracted dramatically to X tons in 2021, with a decrease of -18.2% against the previous year. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 2,362% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, iron or steel towers imports contracted dramatically to $X in 2021. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 2,280% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Palestine (X tons) and Turkey (X tons) were the main suppliers of iron or steel towers imports to Israel.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +85.5%).

In value terms, Palestine ($X) and Turkey ($X) were the largest iron or steel towers suppliers to Israel.

Turkey, with a CAGR of +80.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2021, the average iron or steel towers import price amounted to $X per ton, surging by 2.3% against the previous year. Over the period under review, the import price, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2018 an increase of 5.9% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Palestine ($X per ton), while the price for Turkey amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Palestine (-1.3%).

Source: IndexBox Platform

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