Israel: Metal Chain Parts Market 2024

Metal Chain Parts Market Size in Israel

The Israeli metal chain parts market declined markedly to $X in 2022, waning by X% 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). In general, consumption, however, showed a measured increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Metal Chain Parts Exports

Exports from Israel

For the fourth consecutive year, Israel recorded growth in shipments abroad of parts of chains of iron or steel, which increased by X% to X tons in 2022. Over the period under review, exports saw a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, metal chain parts exports expanded remarkably to $X in 2022. In general, exports enjoyed a prominent increase. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey (X tons) was the main destination for metal chain parts exports from Israel, accounting for a X% share of total exports. Moreover, metal chain parts exports to Turkey exceeded the volume sent to the second major destination, Botswana (X kg), twofold. The third position in this ranking was taken by the United States (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and the United States (X% per year).

In value terms, the largest markets for metal chain parts exported from Israel were Turkey ($X), Botswana ($X) and the United States ($X), together comprising X% of total exports. Moreover, metal chain parts exports in Turkey exceeded the figures recorded by the second-largest exporter, Botswana, twofold.

In terms of the main countries of destination, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 metal chain parts export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Botswana ($X per ton) and the United States ($X per ton), while the average price for exports to Spain ($X per ton) and Turkey ($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 the United States (X%), while the prices for the other major destinations experienced a decline.

Metal Chain Parts Imports

Imports into Israel

Metal chain parts imports into Israel fell rapidly to X tons in 2022, reducing by X% against the year before. Over the period under review, imports, however, posted a noticeable expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, metal chain parts imports contracted to $X in 2022. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and the United States (X tons) were the main suppliers of metal chain parts imports to Israel, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and the United States ($X) were the largest metal chain parts suppliers to Israel, together accounting for X% of total imports.

Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average metal chain parts import price amounted to $X per ton, surging by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Cyprus ($X per ton) and Italy ($X per ton), while the price for Germany ($X per ton) and Belgium ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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