Israel: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in Israel

The Israeli aluminium hydroxide market fell modestly to $X in 2022, shrinking by X% against the previous year. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Aluminium hydroxide consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Aluminium Hydroxide Production in Israel

In value terms, aluminium hydroxide production contracted to $X in 2022 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Aluminium hydroxide production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Aluminium Hydroxide Exports

Exports from Israel

In 2022, the amount of aluminium hydroxide exported from Israel contracted significantly to X tons, waning by X% compared with the previous year. Over the period under review, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium hydroxide exports reduced notably to $X in 2022. Overall, exports saw a precipitous setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the United States (X tons) and Croatia (X tons) were the main destinations of aluminium hydroxide exports from Israel, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for aluminium hydroxide exported from Israel were Germany ($X), the United States ($X) and Croatia ($X), together comprising X% of total exports.

In terms of the main countries of destination, Croatia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average aluminium hydroxide export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium hydroxide export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Taiwan (Chinese) ($X per ton), while the average price for exports to Croatia ($X per ton) and South Korea ($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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Hydroxide Imports

Imports into Israel

In 2022, supplies from abroad of aluminium hydroxide decreased by X% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium hydroxide imports fell rapidly to $X in 2022. In general, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2021, and then declined remarkably in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest aluminium hydroxide supplier to Israel, with a X% share of total imports. Moreover, aluminium hydroxide imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

In value terms, Spain ($X) constituted the largest supplier of aluminium hydroxide to Israel, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average aluminium hydroxide import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached 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 the United States ($X per ton) and China ($X per ton), while the price for Germany ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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