Israel"s metals market, particularly platinum, shows dynamic trade behavior with notable shifts in import and export volumes and values over recent years. In 2024, Israel imported a significant 12,057 kg of unwrought platinum and silver, valued at approximately $9. 88 million. This marks a steady upward trend from 2023, where imports were 11,595 kg worth $8. 84 million, indicating a rising demand and increasing import prices. In terms of exports, Israel experienced a modest volume in 2024, exporting 455 kg valued at $372,000. This reflects a slight increase in export quantity compared to 2020, which showed exports of 454 kg but at a lower value of $283,000, suggesting a possible improvement in international pricing or quality of exports. The comparative data from 2022 highlights a peak import volume at 18,616 kg valued at $13.
32 million, the highest in recent years, which subsequently decreased as of 2024. This suggests market adjustments possibly influenced by global pricing trends or domestic demand shifts. Overall, the fluctuation in trade volumes and values indicates Israel"s strategic participation in the global platinum market, balancing between domestic consumption needs and international trade opportunities. For businesses looking to enter or expand in Israel"s metals market, understanding these trends is crucial. Aritral, an AI-driven B2B platform, offers comprehensive solutions such as Product Listing, Direct Communication, and Global Sales Assistance, facilitating seamless entry and expansion in international markets. "
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