Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel - 2023

Contents:

  1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel (CIF) - 2022
  2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel (FOB) - 2022
  3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel
  4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $16,621 per ton, with an increase of 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. 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 countries with the highest prices were the UK ($16,667 per ton) and Italy ($16,625 per ton), while the price for China ($16,620 per ton) and Ireland ($16,620 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $15,038 per ton, rising by 20% against the previous year. Overall, the export price recorded pronounced growth. 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($15,038 per ton), while the average price for exports to Germany amounted to $15,038 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel

In 2022, imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Israel expanded sharply to 84 tons, growing by 11% against 2021 figures. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses soared to $1.4M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4673955486149.6%
Hong Kong SARN/AN/AN/A3060%
China52.026.076.025269.2%
Norway14578.090.0133-2.8%
Italy10.0N/A24.033.048.9%
IrelandN/A1533.06.0-80.2%
Others46.082.024352.04.2%
Total7207349841,39624.7%

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Israel in 2022:

  1. France (36.9 tons)
  2. Hong Kong SAR (18.4 tons)
  3. China (15.2 tons)
  4. Norway (8.0 tons)
  5. Italy (2.0 tons)
  6. Ireland (0.4 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel

In 2022, shipments abroad of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -70.1% to 1.6 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. As a result, the exports reached the peak of 7.2 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses reduced markedly to $24K in 2022. Over the period under review, exports saw a dramatic setback. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year. As a result, the exports attained the peak of $93K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States28.0N/AN/A22.0-7.7%
GermanyN/AN/A3.02.0-33.3%
Switzerland48.093.064.0N/A15.5%
OthersN/AN/AN/AN/A0%
Total76.093.067.024.0-31.9%

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Israel in 2022:

  1. United States (1463.0 kg)
  2. Germany (133.0 kg)

Source: IndexBox Market Intelligence Platform

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