Israel: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in Israel

The Israeli sulphides of non-metals market soared to $X in 2021, picking up by 35% 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, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +70.5% against 2018 indices. Sulphides of non-metals consumption peaked in 2021 and is expected to retain growth in the near future.

Sulphides Of Non-Metals Exports

Exports from Israel

In 2021, shipments abroad of sulphides of non-metals and commercial phosphorus trisulphide increased by 383% to X tons, rising for the second consecutive year after seven years of decline. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphides of non-metals exports surged to $X in 2021. Overall, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to India totaled +27.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+17.3% per year) and Brazil (+0.2% per year).

In value terms, India ($X) remains the key foreign market for sulphides of non-metals and commercial phosphorus trisulphide exports from Israel, comprising 85% of total exports. The second position in the ranking was held by the United States ($X), with a 9.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to India amounted to +27.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.1% per year) and Brazil (-2.4% per year).

Export Prices by Country

The average sulphides of non-metals export price stood at $X per ton in 2021, dropping by -20% against the previous year. In general, the export price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 9.8% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($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 the Netherlands (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphides Of Non-Metals Imports

Imports into Israel

For the third year in a row, Israel recorded growth in supplies from abroad of sulphides of non-metals and commercial phosphorus trisulphide, which increased by 34% to X tons in 2021. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphides of non-metals imports surged to $X in 2021. Over the period under review, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.6% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of sulphides of non-metals to Israel, with a 42% share of total imports. Moreover, sulphides of non-metals imports from Germany exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. The third position in this ranking was held by Poland (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+9.6% per year) and Poland (-9.6% per year).

In value terms, Germany ($X) constituted the largest supplier of sulphides of non-metals and commercial phosphorus trisulphide to Israel, comprising 41% of total imports. The second position in the ranking was taken by Russia ($X), with a 15% share of total imports. It was followed by Poland, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+11.8% per year) and Poland (-13.4% per year).

Import Prices by Country

The average sulphides of non-metals import price stood at $X per ton in 2021, surging by 7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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