Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel - 2024
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel (CIF) - 2024
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel (FOB) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel (CIF) - 2024
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $5,118 per ton in August 2023, waning by -12.3% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 9.3% against the previous month. The import price peaked at $5,833 per ton in July 2023, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($7,277 per ton), while the price for Taiwan (Chinese) ($4,801 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel (FOB) - 2022
In 2022, the average export price for stainless steel; flat-rolled products of width less than 600mms amounted to $6,960 per ton, with an increase of 22% against the previous year. Overall, the export price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when the average export price increased by 384%. Over the period under review, the average export prices attained the peak figure at $12,913 per ton 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($17,694 per ton), while the average price for exports to Turkey ($2,007 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 Italy (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel
Imports of stainless steel; flat-rolled products of width less than 600mms into Israel dropped to 702 tons in 2022, declining by -10% against the previous year. In general, imports recorded a abrupt decline. The smallest decline of -9% was in 2020.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms soared to $3.8M in 2022. Overall, imports recorded a relatively flat trend pattern.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,005 | 1,380 | 554 | 1,333 | 9.9% |
| Taiwan (Chinese) | 464 | 573 | 519 | 1,113 | 33.9% |
| Germany | 194 | 293 | 271 | 400 | 27.3% |
| South Korea | 153 | 292 | 220 | 311 | 26.7% |
| China | 225 | 174 | 575 | 294 | 9.3% |
| United Kingdom | 114 | 138 | 105 | 96.0 | -5.6% |
| Turkey | 19.0 | 81.0 | 98.0 | 71.0 | 55.2% |
| Denmark | 189 | 393 | 420 | 8.0 | -65.1% |
| Japan | 610 | N/A | 5.0 | N/A | -90.9% |
| Others | 805 | 234 | 510 | 149 | -43.0% |
| Total | 3,778 | 3,558 | 3,277 | 3,775 | -0.0% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Israel in 2022:
- Taiwan (Chinese) (229.5 tons)
- United States (223.7 tons)
- Germany (76.0 tons)
- South Korea (62.1 tons)
- China (49.9 tons)
- United Kingdom (18.0 tons)
- Turkey (14.0 tons)
- Denmark (1.6 tons)
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel
In 2022, shipments abroad of stainless steel; flat-rolled products of width less than 600mms decreased by -82.1% to 1.3 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 111% against the previous year. As a result, the exports attained the peak of 125 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms declined rapidly to $8.9K in 2022. Overall, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 920% against the previous year. As a result, the exports attained the peak of $977K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.3 | 10.4 | N/A | 3.1 | -16.4% |
| Singapore | 4.5 | 0.1 | N/A | 1.8 | -26.3% |
| Slovakia | N/A | N/A | 1.9 | 1.2 | -36.8% |
| South Africa | 0.5 | 1.7 | N/A | 1.1 | 30.1% |
| Bulgaria | 8.3 | 2.6 | N/A | 0.9 | -52.3% |
| Turkey | N/A | N/A | N/A | 0.6 | 0% |
| Germany | 4.8 | 947 | 0.1 | N/A | -85.6% |
| Slovenia | N/A | N/A | 21.6 | N/A | 0% |
| Jordan | 56.9 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 0.2 | 17.1 | N/A | 8450.0% |
| Others | 15.5 | 15.7 | N/A | 0.2 | -76.5% |
| Total | 95.9 | 977 | 40.7 | 8.9 | -54.7% |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Israel in 2022:
- Singapore (524.0 kg)
- Turkey (281.0 kg)
- Italy (207.0 kg)
- South Africa (90.0 kg)
- Slovakia (90.0 kg)
- Bulgaria (49.0 kg)
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