Israel: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Israel

The Israeli market for organo-sulphur compounds and other organo-inorganic compounds soared to $X in 2022, growing by 29% against the previous year. In general, consumption recorded significant growth. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Israel

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds expanded notably to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 65% against the previous year. Production of peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports from Israel

In 2022, after two years of growth, there was significant decline in overseas shipments of organo-sulphur compounds and other organo-inorganic compounds, when their volume decreased by -11.5% to X tons. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 45%. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds declined modestly to $X in 2022. Overall, exports saw a noticeable downturn. The growth pace was the most rapid in 2016 when exports increased by 46%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Spain (X tons) and the Netherlands (X tons) were the main destinations of exports of organo-sulphur compounds and other organo-inorganic compounds from Israel, with a combined 54% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +11.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and the Netherlands ($X) were the largest markets for organo-sulphur compounds and other organo-inorganic compounds exported from Israel worldwide, together accounting for 54% of total exports.

Spain, with a CAGR of +19.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, increasing by 7.6% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for organo-sulphur compounds and other organo-inorganic compounds increased by +104.0% against 2012 indices. The growth pace was the most rapid in 2014 an increase of 36% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($X per ton) and Colombia ($X per ton), while the average price for exports to France ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports into Israel

After four years of growth, supplies from abroad of organo-sulphur compounds and other organo-inorganic compounds decreased by -8.7% to X tons in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 when imports increased by 16% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds surged to $X in 2022. Over the period under review, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +121.0% against 2017 indices. The pace of growth was the most pronounced in 2018 with an increase of 35%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest organo-sulphur compounds and other organo-inorganic compounds supplier to Israel, with a 46% share of total imports. Moreover, imports of organo-sulphur compounds and other organo-inorganic compounds from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.8% per year) and Spain (+5.5% per year).

In value terms, the largest organo-sulphur compounds and other organo-inorganic compounds suppliers to Israel were China ($X), the United States ($X) and Spain ($X), with a combined 74% share of total imports. Hungary, the UK, India, South Korea, Hong Kong SAR, Belgium, Germany, France and Japan lagged somewhat behind, together comprising a further 23%.

South Korea, with a CAGR of +93.4%, recorded the highest rates of growth with regard to the value of imports, among 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 organo-sulphur compounds and other organo-inorganic compounds stood at $X per ton in 2022, increasing by 33% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for organo-sulphur compounds and other organo-inorganic compounds increased by +81.6% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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