Israel: Peroxides Of Sodium Market 2024

Peroxides Of Sodium Market Size in Israel

In 2021, after four years of growth, there was significant decline in the Israeli peroxides of sodium market, when its value decreased by -47.6% to $X. Over the period under review, consumption, however, recorded a resilient increase. Over the period under review, the market attained the peak level at $X in 2020, and then dropped significantly in the following year.

Peroxides Of Sodium Production in Israel

In value terms, peroxides of sodium production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a sharp reduction. The pace of growth was the most pronounced in 2018 when the production volume increased by 18%. Peroxides of sodium production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Peroxides Of Sodium Exports

Exports from Israel

For the sixth year in a row, Israel recorded growth in shipments abroad of peroxides of sodium or potassium, which increased by 6.5% to X tons in 2021. In general, exports, however, faced a significant contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 12,600% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, peroxides of sodium exports dropped to $X in 2021. Over the period under review, exports, however, showed a precipitous curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 12,480%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for peroxides of sodium exports from Israel, accounting for a 87% share of total exports. Moreover, peroxides of sodium exports to Canada exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-24.9% per year) and Spain (-41.7% per year).

In value terms, the largest markets for peroxides of sodium exported from Israel were Canada ($X), Palestine ($X) and the United States ($X), with a combined 59% share of total exports.

In terms of the main countries of destination, Canada, with a CAGR of +20.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average peroxides of sodium export price stood at $X per ton in 2021, shrinking by -14.8% against the previous year. In general, the export price saw a significant curtailment. The most prominent rate of growth was recorded in 2014 a decrease of -0.9%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($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 Canada (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.

Peroxides Of Sodium Imports

Imports into Israel

In 2021, imports of peroxides of sodium or potassium into Israel surged to X tons, growing by 2,831% on 2020. In general, imports, however, continue to indicate a dramatic decline. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, peroxides of sodium imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2015 when imports increased by 600% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest peroxides of sodium supplier to Israel, accounting for a 57% share of total imports. Moreover, peroxides of sodium imports from India exceeded the figures recorded by the second-largest supplier, Germany (X kg), threefold. Spain (X kg) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.0% per year) and Spain (-53.8% per year).

In value terms, Germany ($X) constituted the largest supplier of peroxides of sodium or potassium to Israel, comprising 18% of total imports. The second position in the ranking was taken by India ($X), with a 5.4% share of total imports. It was followed by Belgium, with a 3% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-24.7% per year) and Belgium (-52.8% per year).

Import Prices by Country

In 2021, the average peroxides of sodium import price amounted to $X per ton, reducing by -92.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 410%. The import price peaked at $X per ton in 2020, and then shrank sharply in the following year.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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