Israel: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in Israel

The Israeli market for refractory products of siliceous or diatomite earths fell slightly to $X in 2021, dropping by -4.2% against the previous year. In general, consumption saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when the market value increased by 7.4% against the previous year. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Refractory Products of Siliceous or Diatomite Earths in Israel

In value terms, production of refractory products of siliceous or diatomite earths reduced to $X in 2021 estimated in export price. Overall, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by 10% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports from Israel

Exports of refractory products of siliceous or diatomite earths from Israel shrank remarkably to X kg in 2021, which is down by -69.3% on the year before. Over the period under review, exports saw a significant decline. The growth pace was the most rapid in 2015 when exports increased by 666% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of refractory products of siliceous or diatomite earths plummeted to $X in 2021. In general, exports showed a sharp decrease. The pace of growth was the most pronounced in 2015 when exports increased by 545% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for exports of refractory products of siliceous or diatomite earths from Israel, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -30.9%.

In value terms, the United States ($X) also remains the key foreign market for refractory products of siliceous or diatomite earths exports from Israel.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -31.8%.

Export Prices by Country

The average export price for refractory products of siliceous or diatomite earths stood at $X per ton in 2021, jumping by 30% against the previous year. Over the period under review, the export price, however, saw a slight contraction. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -1.2% per year.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports into Israel

In 2021, overseas purchases of refractory products of siliceous or diatomite earths decreased by -4.5% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports, however, continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 157% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of refractory products of siliceous or diatomite earths totaled $X in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 145% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

The UK (X tons), France (X tons) and Russia (X tons) were the main suppliers of imports of refractory products of siliceous or diatomite earths to Israel, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +111.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Russia ($X) constituted the largest refractory products of siliceous or diatomite earths suppliers to Israel, with a combined 91% share of total imports.

France, with a CAGR of +105.3%, saw 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

In 2021, the average import price for refractory products of siliceous or diatomite earths amounted to $X per ton, surging by 7.4% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Russia ($X per ton) and China ($X per ton), while the price for France ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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