Israel: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Israel

The Israeli mill rolling roll market contracted remarkably to $X in 2022, with a decrease of -30.7% against the previous year. Overall, consumption, however, saw a strong expansion. Mill rolling roll consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Mill Rolling Roll Production in Israel

In value terms, mill rolling roll production reached $X in 2022 estimated in export price. Over the period under review, production saw a mild shrinkage. The growth pace was the most rapid in 2019 with an increase of 6.7%. Mill rolling roll production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Mill Rolling Roll Exports

Exports from Israel

In 2022, after two years of growth, there was significant decline in overseas shipments of rolls for rolling mills, when their volume decreased by -40% to X units. Over the period under review, exports recorded a precipitous decrease. The growth pace was the most rapid in 2018 with an increase of 120% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, mill rolling roll exports contracted remarkably to $X in 2022. Overall, exports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 750% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X units), Brazil (X units) and Germany (X units) were the main destinations of mill rolling roll exports from Israel.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for mill rolling roll exported from Israel were Germany ($X), Romania ($X) and Brazil ($X).

Romania, with a CAGR of +16.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average mill rolling roll export price stood at $X per unit in 2022, declining by -6.9% against the previous year. In general, the export price saw a pronounced slump. The growth pace was the most rapid in 2021 an increase of 410%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.

Mill Rolling Roll Imports

Imports into Israel

In 2022, the amount of rolls for rolling mills imported into Israel declined markedly to X units, waning by -63.6% against the previous year. Overall, imports showed a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 52%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, mill rolling roll imports skyrocketed to $X in 2022. Over the period under review, imports saw a pronounced decline. The growth pace was the most rapid in 2021 when imports increased by 98% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of mill rolling roll to Israel, accounting for a 44% share of total imports. Moreover, mill rolling roll imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. India (X units) ranked third in terms of total imports with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.1% per year) and India (0.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of rolls for rolling mills to Israel, comprising 54% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+36.7% per year) and Italy (-1.7% per year).

Import Prices by Country

In 2022, the average mill rolling roll import price amounted to $X per unit, increasing by 321% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. 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 Turkey ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :