Israel - Urea - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUrea Price in Israel - 2023
Contents:
- Urea Price in Israel (CIF) - 2022
- Urea Price in Israel (FOB) - 2022
- Urea Imports in Israel
- Urea Exports in Israel
Urea Price in Israel (CIF) - 2022
In 2022, the average urea import price amounted to $801 per ton, rising by 99% against the previous year. Overall, the import price enjoyed a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($801 per ton) and the United States ($801 per ton), while the price for China ($801 per ton) and Switzerland ($801 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Urea Price in Israel (FOB) - 2022
In 2022, the average urea export price amounted to $824 per ton, growing by 95% against the previous year. Overall, the export price showed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($824 per ton) and Cyprus ($824 per ton), while the average price for exports to Australia ($824 per ton) and Spain ($824 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 Russia (+94.8%), while the prices for the other major destinations experienced more modest paces of growth.
Urea Imports in Israel
In 2022, supplies from abroad of urea decreased by -12.9% to 117K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of 134K tons, and then dropped in the following year.
In value terms, urea imports skyrocketed to $94M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 77% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Urea in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.3 | 13.1 | 1.8 | 29.1 | 359.5% |
| Russia | 15.8 | 4.4 | 33.3 | 17.9 | 4.2% |
| United States | 1.5 | 3.6 | 3.0 | 14.0 | 110.5% |
| Turkey | N/A | 1.6 | 0.1 | 9.1 | 138.5% |
| United Arab Emirates | N/A | N/A | N/A | 7.7 | 0% |
| China | 0.7 | 1.0 | 0.2 | 6.7 | 112.3% |
| Egypt | 3.2 | 1.6 | 11.9 | 6.1 | 24.0% |
| Germany | 1.5 | 0.9 | 0.6 | 0.8 | -18.9% |
| Turkmenistan | 1.7 | 0.9 | 2.2 | N/A | 13.8% |
| Others | 2.8 | 3.5 | 1.0 | 2.4 | -5.0% |
| Total | 27.5 | 30.6 | 54.0 | 93.7 | 50.5% |
Top Suppliers of Urea to Israel in 2022:
- Switzerland (36.4K tons)
- Russia (22.3K tons)
- United States (17.4K tons)
- Turkey (11.4K tons)
- United Arab Emirates (9.6K tons)
- China (8.4K tons)
- Egypt (7.6K tons)
- Germany (1.0K tons)
Urea Exports in Israel
In 2022, overseas shipments of urea increased by 1,150% to 5.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, urea exports skyrocketed to $4.4M in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Urea in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 9.0 | 1,805 | 19955.6% |
| Cyprus | N/A | 129 | 111 | 700 | 132.9% |
| Australia | N/A | N/A | N/A | 550 | 0% |
| Russia | N/A | N/A | 59.0 | 355 | 501.7% |
| Poland | N/A | N/A | N/A | 273 | 0% |
| Portugal | N/A | N/A | N/A | 254 | 0% |
| Greece | N/A | N/A | N/A | 246 | 0% |
| Germany | N/A | N/A | N/A | 92.0 | 0% |
| China | 156 | N/A | N/A | N/A | 0% |
| Others | 5.0 | 5.0 | 2.0 | 138 | 202.2% |
| Total | 161 | 134 | 181 | 4,413 | 201.5% |
Top Export Markets for Urea from Israel in 2022:
- Spain (2190.5 tons)
- Cyprus (849.5 tons)
- Australia (667.5 tons)
- Russia (430.8 tons)
- Poland (331.3 tons)
- Portugal (308.3 tons)
- Greece (298.5 tons)
- Germany (111.7 tons)
This report provides an in-depth analysis of the urea market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4001 - Urea
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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