Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Israel - 2023

Contents:

  1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Israel (FOB) - 2022
  2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Israel (CIF) - 2022
  3. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Israel
  4. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Israel

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Israel (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $28,081 per ton in 2022, growing by 5.7% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tubing; flexible, with or without fittings, of base metals increased by +72.4% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 45% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($30,730 per ton), while the average price for exports to South Korea ($10,789 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Israel (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $14,935 per ton in 2022, rising by 1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2020 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($16,657 per ton) and Turkey ($16,321 per ton), while the price for France ($11,595 per ton) and the United States ($14,515 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 (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Israel

In 2022, overseas shipments of tubing; flexible, with or without fittings, of base metals decreased by -0.1% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 32%.

In value terms, exports of tubing; flexible, with or without fittings, of base metals expanded notably to $35M in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Tubing; Flexible, with or Without Fittings, of Base Metal in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.217.524.322.935.5%
France3.63.94.46.219.9%
United Kingdom1.11.72.02.124.1%
India0.1N/AN/A1.0115.4%
South Korea0.60.80.30.3-20.6%
Others2.22.02.12.42.9%
Total16.826.033.135.027.7%

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Israel in 2022:

  1. United States (797.9 tons)
  2. France (217.4 tons)
  3. United Kingdom (75.0 tons)
  4. India (31.8 tons)
  5. South Korea (30.3 tons)

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Israel

In 2022, after two years of decline, there was significant growth in supplies from abroad of tubing; flexible, with or without fittings, of base metals, when their volume increased by 12% to 966 tons. In general, imports, however, saw a deep downturn.

In value terms, imports of tubing; flexible, with or without fittings, of base metals amounted to $14M in 2022. Over the period under review, imports, however, recorded a perceptible contraction.

Import of Tubing; Flexible, with or Without Fittings, of Base Metal in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.33.43.24.1-13.3%
China3.52.43.52.9-6.1%
United Kingdom0.71.30.41.426.0%
Turkey0.20.81.01.386.6%
Germany0.80.90.61.111.2%
South Korea0.90.80.81.16.9%
Italy0.50.40.60.4-7.2%
France0.40.60.30.40.0%
Netherlands0.40.30.50.3-9.1%
Spain0.70.60.50.3-24.6%
Japan1.20.10.40.1-56.3%
Others1.10.70.81.10.0%
Total16.712.412.614.4-4.8%

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Israel in 2022:

  1. United States (282.0 tons)
  2. China (197.9 tons)
  3. United Kingdom (91.0 tons)
  4. Turkey (80.8 tons)
  5. Germany (69.0 tons)
  6. South Korea (66.5 tons)
  7. France (30.8 tons)
  8. Italy (27.6 tons)
  9. Netherlands (19.5 tons)
  10. Spain (17.8 tons)
  11. Japan (6.8 tons)

Source: IndexBox Market Intelligence Platform

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