Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $6,646 per ton, rising by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($6,647 per ton) and the United States ($6,646 per ton), while the price for Canada ($6,646 per ton) and Germany ($6,646 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $6,623 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of 17%. Over the period under review, the average export prices reached the peak figure at $10,495 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.1% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel
In 2022, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Israel declined rapidly to 179 tons, shrinking by -16.3% against the previous year's figure. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 196% against the previous year. As a result, imports reached the peak of 214 tons, and then contracted sharply in the following year.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses declined to $1.2M in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 229%. As a result, imports reached the peak of $1.3M, and then reduced in the following year.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 122 | 75.0 | 381 | 329 | 39.2% |
| China | 111 | 67.0 | 686 | 319 | 42.2% |
| United States | 106 | 125 | 112 | 284 | 38.9% |
| Canada | 39.0 | 75.0 | 55.0 | 174 | 64.6% |
| Switzerland | 36.0 | 28.0 | 15.0 | 53.0 | 13.8% |
| Others | 71.0 | 21.0 | 39.0 | 29.0 | -25.8% |
| Total | 485 | 391 | 1,288 | 1,188 | 34.8% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Israel in 2022:
- Germany (49.5 tons)
- China (48.0 tons)
- United States (42.7 tons)
- Canada (26.2 tons)
- Switzerland (8.0 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel
For the third year in a row, Israel recorded decline in shipments abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, which decreased by 0% to 151 kg in 2022. In general, exports continue to indicate a precipitous shrinkage. The smallest decline of -43.2% was in 2020.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $1K in 2022. Over the period under review, exports saw a significant decrease. The smallest decline of -42.9% was in 2020.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 21.0 | N/A | N/A | 1.0 | -63.8% |
| China | N/A | 9.0 | N/A | N/A | 0% |
| Italy | N/A | 3.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.0 | 12.0 | N/A | 1.0 | -63.8% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Israel in 2022:
- India (151.0 kg)
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