Israel"s minerals market, particularly the bauxite sector, is characterized by significant import activity. In 2024, Israel"s import volume of aluminium ores and concentrates reached approximately 9. 49 million kg, valued at $4. 23 million. This marks a slight increase in quantity but a decrease in value compared to 2023, where imports were nearly 9. 48 million kg at $4. 39 million. Such fluctuations indicate a potential shift in global bauxite pricing and demand dynamics.
The consistent rise in import volumes since 2020 showcases Israel"s growing demand for aluminium ores, integral for its industrial applications. The dramatic increase from 2021"s 3. 57 million kg to over 9 million kg by 2023 underscores a strategic move to secure raw materials amid fluctuating market conditions. Conversely, Israel"s export activities remain modest. In 2023, exports of aluminium ores were limited to 6,986 kg, generating $3,000. Meanwhile, exports of ash and residues, which predominantly contain aluminium, saw more activity with 98,583 kg valued at $89,000 in 2023. However, this figure dropped sharply in 2024, with only 17,775 kg exported for $17,000, reflecting potential changes in international demand or local policy shifts. Price trends for imported bauxite hint at a complex global market environment.
Despite increased import volumes, the overall import value per kilogram has decreased, suggesting a favorable procurement strategy or a downturn in global bauxite prices. For businesses looking to navigate Israel"s minerals market, understanding these trade dynamics is crucial. Engaging with platforms like Aritral can enhance opportunities for suppliers and buyers alike. Aritral, an AI-driven B2B platform, simplifies international trade by providing comprehensive product listings, direct communication avenues, and AI-powered marketing solutions. This platform supports global sales initiatives and efficient profile management, enabling stakeholders within Israel"s bauxite market to optimize their operations and expand their reach. "
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