Price for Railway or Tramway Track Constructions of Iron or Steel in Israel - 2024

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Israel (CIF) - 2024
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Israel (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Israel
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Israel

Price for Railway or Tramway Track Constructions of Iron or Steel in Israel (CIF) - 2024

In January 2024, the average import price for railway or tramway track constructions of iron or steel amounted to $1,910 per ton, which is down by -20.4% against the previous month. In general, the import price saw a deep slump. The pace of growth was the most pronounced in June 2023 when the average import price increased by 167% month-to-month. Over the period under review, average import prices reached the maximum at $5,419 per ton in August 2023; however, from September 2023 to January 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Austria ($5,798 per ton), while the price for Spain ($1,503 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Austria (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Israel (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $1,503 per ton in 2022, reducing by -49.5% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 91%. The export price peaked at $3,379 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,425 per ton), while the average price for exports to France totaled $1,405 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+38.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Israel

In 2022, overseas purchases of railway or tramway track constructions of iron or steel were finally on the rise to reach 14K tons after two years of decline. In general, imports, however, saw a noticeable descent.

In value terms, imports of railway or tramway track constructions of iron or steel soared to $37M in 2022. The total import value 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 throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Israel in 2022:

1. Czech Republic (5.8K tons)
2. Austria (3.4K tons)
3. France (1.8K tons)
4. Germany (1.4K tons)
5. Luxembourg (1.2K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Israel

In 2022, overseas shipments of railway or tramway track constructions of iron or steel decreased by -91.1% to 6 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. As a result, the exports reached the peak of 131 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of railway or tramway track constructions of iron or steel contracted remarkably to $9K in 2022. In general, exports saw a dramatic shrinkage. The growth pace was the most rapid in 2020 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $404K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Israel in 2022:

1. France (5.7 tons)
2. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform