Israel: Market for Welded And Cold-Formed Sections Of Steel 2025

Market Size for Welded And Cold-Formed Sections Of Steel in Israel

The Israeli market for welded and cold-formed sections of steel reached $X in 2022, remaining relatively unchanged against the previous year. In general, consumption enjoyed a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Welded And Cold-Formed Sections Of Steel in Israel

In value terms, welded and cold-formed steel sections production totaled $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant expansion. The growth pace was the most rapid in 2013 when the production volume increased by 295%. Welded and cold-formed steel sections production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from Israel

In 2022, exports of welded and cold-formed sections of steel from Israel contracted notably to X tons, declining by -56.7% on 2021. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 20,932%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, welded and cold-formed steel sections exports reduced rapidly to $X in 2022. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 22,050%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for welded and cold-formed steel sections exports from Israel, with a 53% share of total exports. Moreover, welded and cold-formed steel sections exports to China exceeded the volume sent to the second major destination, Belgium (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +96.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+227.1% per year) and Poland (+99.5% per year).

In value terms, China ($X) remains the key foreign market for welded and cold-formed sections of steel exports from Israel, comprising 53% of total exports. The second position in the ranking was taken by Belgium ($X), with an 18% share of total exports. It was followed by Poland, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to China stood at +64.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+207.3% per year) and Poland (+106.1% per year).

Export Prices by Country

In 2022, the average export price for welded and cold-formed sections of steel amounted to $X per ton, with an increase of 6.5% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, welded and cold-formed steel sections export price decreased by -10.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 33% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($X per ton) and the United States ($X per ton), while the average price for exports to the UK ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+104.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into Israel

Welded and cold-formed steel sections imports into Israel contracted remarkably to X tons in 2022, with a decrease of -51.5% on 2021 figures. Overall, imports faced a significant contraction. The growth pace was the most rapid in 2019 when imports increased by 559%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, welded and cold-formed steel sections imports dropped rapidly to $X in 2022. Over the period under review, imports saw a sharp downturn. The pace of growth appeared the most rapid in 2019 with an increase of 565% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Luxembourg (X tons), China (X tons) and Switzerland (X tons) were the main suppliers of welded and cold-formed steel sections imports to Israel, with a combined 64% share of total imports. The United States, Poland, the UK, Italy, Belgium and Turkey lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +25.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest welded and cold-formed steel sections suppliers to Israel were Luxembourg ($X), China ($X) and Switzerland ($X), together comprising 59% of total imports.

China, with a CAGR of +28.1%, recorded the highest growth rate of 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

The average import price for welded and cold-formed sections of steel stood at $X per ton in 2022, rising by 8.9% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, welded and cold-formed steel sections import price increased by +238.1% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 108% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and China ($X per ton), while the price for Italy ($X per ton) and Luxembourg ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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