Report Update: May 1, 2024

Israel - Articles Of Non-Malleable Cast Iron - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Malleable Cast Iron Articles in Israel - 2023

Price for Non-Malleable Cast Iron Articles in Israel (CIF) - 2022

In 2022, the average non-malleable cast iron articles import price amounted to $2,594 per ton, growing by 12% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-malleable cast iron articles import price increased by +55.4% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 74%. As a result, import price reached the peak level of $3,743 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 ($2,594 per ton) and China ($2,594 per ton), while the price for Italy ($2,594 per ton) and Germany ($2,594 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Malleable Cast Iron Articles in Israel (FOB) - 2022

In 2022, the average non-malleable cast iron articles export price amounted to $3,023 per ton, picking up by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2018 an increase of 10% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.7% per year.

Imports of Non-Malleable Cast Iron Articles in Israel

In 2022, approx. 6.7K tons of articles of non-malleable cast iron were imported into Israel; declining by -8% against the previous year's figure. Overall, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 23%.

In value terms, non-malleable cast iron articles imports amounted to $17M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 29%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Non-Malleable Cast Iron Articles in Israel (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	11.0	7.5	9.8	9.8	-3.8%
Turkey	2.3	3.8	4.9	5.4	32.9%
United States	0.4	0.4	0.6	0.8	26.0%
Czech Republic	0.4	0.1	0.7	0.5	7.7%
Italy	0.2	0.3	0.2	0.3	14.5%
Others	0.6	0.9	0.5	0.7	5.3%
Total	14.8	13.1	16.8	17.4	5.5%

Top Suppliers of Non-Malleable Cast Iron Articles to Israel in 2022:

China (3.8K tons)
Turkey (2.1K tons)
United States (0.3K tons)
Czech Republic (0.2K tons)
Italy (0.1K tons)

Exports of Non-Malleable Cast Iron Articles in Israel

In 2022, non-malleable cast iron articles exports from Israel soared to 132 tons, increasing by 29% compared with the previous year. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 35%. As a result, the exports attained the peak of 175 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-malleable cast iron articles exports surged to $399K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 48% against the previous year. As a result, the exports reached the peak of $490K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Non-Malleable Cast Iron Articles in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	237	361	292	395	18.6%
India	40.0	N/A	N/A	N/A	0%
Serbia	N/A	70.0	N/A	N/A	0%
Ghana	N/A	31.0	1.0	N/A	-96.8%
Others	54.0	28.0	5.0	4.0	-58.0%
Total	331	490	298	399	6.4%

Top Export Markets for Non-Malleable Cast Iron Articles from Israel in 2022:

United States (130.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-malleable cast iron articles 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:

Prodcom 25992913 - Articles of non-malleable cast iron, n.e.c.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023