Israel: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in Israel

The Israeli organo-inorganic compounds market surged to $X in 2021, with an increase of 56% 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). Overall, consumption posted a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Organo-Inorganic Compounds Exports

Exports from Israel

For the third consecutive year, Israel recorded growth in overseas shipments of organo-inorganic compounds (excluding organo-sulphur compounds), which increased by 46% to X tons in 2021. Over the period under review, exports recorded a resilient increase. The growth pace was the most rapid in 2017 with an increase of 1,197%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, organo-inorganic compounds exports soared to $X in 2021. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2017 when exports increased by 2,075%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Peru (X tons) was the main destination for organo-inorganic compounds exports from Israel, accounting for a 40% share of total exports. Moreover, organo-inorganic compounds exports to Peru exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was held by Mexico (X tons), with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Peru stood at +47.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+40.1% per year) and Mexico (+20.3% per year).

In value terms, Peru ($X) remains the key foreign market for organo-inorganic compounds (excluding organo-sulphur compounds) exports from Israel, comprising 31% of total exports. The second position in the ranking was taken by France ($X), with a 13% share of total exports. It was followed by Mexico, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Peru totaled +37.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+30.4% per year) and Mexico (+22.2% per year).

Export Prices by Country

The average organo-inorganic compounds export price stood at $X per ton in 2021, reducing by -20% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, organo-inorganic compounds export price decreased by -21.0% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 68% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Peru ($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 Colombia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Inorganic Compounds Imports

Imports into Israel

In 2021, the amount of organo-inorganic compounds (excluding organo-sulphur compounds) imported into Israel skyrocketed to X tons, jumping by 52% on 2020. In general, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, organo-inorganic compounds imports skyrocketed to $X in 2021. Over the period under review, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and Hong Kong SAR (X tons) were the main suppliers of organo-inorganic compounds imports to Israel, together accounting for 76% of total imports.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +31.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest organo-inorganic compounds suppliers to Israel were the United States ($X), China ($X) and Hong Kong SAR ($X), with a combined 76% share of total imports.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of +31.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average organo-inorganic compounds import price stood at $X per ton in 2021, increasing by 2.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 25%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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