Israel: Steel Sheet Piling Market 2024

Steel Sheet Piling Market Size in Israel

The Israeli steel sheet piling market soared to $X in 2022, surging by 65% 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). Over the period under review, consumption, however, continues to indicate a precipitous slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Steel Sheet Piling Exports

Exports from Israel

After two years of decline, overseas shipments of sheet piling of steel increased by 172% to X tons in 2022. Over the period under review, exports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2016 when exports increased by 5,849%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, steel sheet piling exports soared to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 4,595%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons), Nigeria (X tons) and Romania (X tons) were the main destinations of steel sheet piling exports from Israel, together comprising 83% of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +53.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Nigeria ($X) and Romania ($X) were the largest markets for steel sheet piling exported from Israel worldwide, with a combined 90% share of total exports. The United States and Palestine lagged somewhat behind, together accounting for a further 7.4%.

Among the main countries of destination, Palestine, with a CAGR of +25.0%, saw the highest growth rate of 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

The average steel sheet piling export price stood at $X per ton in 2022, dropping by -15.5% against the previous year. In general, the export price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 an increase of 18% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+6.6%), while the prices for the other major destinations experienced a decline.

Steel Sheet Piling Imports

Imports into Israel

In 2022, the amount of sheet piling of steel imported into Israel surged to X tons, picking up by 45% compared with 2021. In general, imports, however, faced a significant curtailment. The pace of growth was the most pronounced in 2015 with an increase of 731%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, steel sheet piling imports surged to $X in 2022. Overall, imports, however, showed a significant decrease. The pace of growth was the most pronounced in 2015 when imports increased by 638% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of steel sheet piling to Israel, accounting for a 62% share of total imports. Moreover, steel sheet piling imports from Belgium exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. The third position in this ranking was held by China (X tons), with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to -28.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (0.0% per year) and China (-25.7% per year).

In value terms, Belgium ($X) constituted the largest supplier of sheet piling of steel to Israel, comprising 62% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 26% share of total imports. It was followed by China, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium stood at -27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (0.0% per year) and China (-20.4% per year).

Import Prices by Country

In 2022, the average steel sheet piling import price amounted to $X per ton, surging by 24% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 28% against the previous year. The import price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($X per ton) and India ($X per ton), while the price for China ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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