Price for Vegetable Products Not Elsewhere Specified or Included in Israel - 2024

Contents:

1. Price for Vegetable Products Not Elsewhere Specified or Included in Israel (CIF) - 2022
2. Price for Vegetable Products Not Elsewhere Specified or Included in Israel (FOB) - 2022
3. Imports of Vegetable Products Not Elsewhere Specified or Included in Israel
4. Exports of Vegetable Products Not Elsewhere Specified or Included in Israel

Price for Vegetable Products Not Elsewhere Specified or Included in Israel (CIF) - 2022

The average import price for vegetable products not elsewhere specified or includeds stood at $1,218 per ton in 2022, approximately reflecting the previous year. Overall, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41% against the previous year. The import price peaked at $1,530 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sri Lanka ($1,218 per ton) and Romania ($1,218 per ton), while the price for Singapore ($1,218 per ton) and Spain ($1,218 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+18.7%), while the prices for the other major suppliers experienced a decline.

Price for Vegetable Products Not Elsewhere Specified or Included in Israel (FOB) - 2022

The average export price for vegetable products not elsewhere specified or includeds stood at $832 per ton in 2022, increasing by 3.7% against the previous year. Overall, the export price, however, continues to indicate a abrupt decrease. Over the period under review, the average export prices attained the maximum at $1,779 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($832 per ton), while the average price for exports to the United States ($831 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 the United States (+2,274.3%), while the prices for the other major destinations experienced a decline.

Imports of Vegetable Products Not Elsewhere Specified or Included in Israel

In 2022, approx. 6K tons of vegetable products not elsewhere specified or includeds were imported into Israel; shrinking by -8.6% compared with 2021 figures. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 41%. As a result, imports reached the peak of 6.6K tons, and then declined in the following year.

In value terms, imports of vegetable products not elsewhere specified or includeds shrank to $7.3M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $8.1M, and then fell in the following year.

Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Israel in 2022:

1. India (3626.6 tons)
2. Sri Lanka (982.0 tons)
3. United States (301.3 tons)
4. Singapore (289.8 tons)
5. Romania (167.5 tons)
6. Spain (158.5 tons)
7. Turkey (155.2 tons)
8. Vietnam (119.9 tons)
9. Mexico (9.9 tons)

Exports of Vegetable Products Not Elsewhere Specified or Included in Israel

In 2022, shipments abroad of vegetable products not elsewhere specified or includeds decreased by -98.5% to 20 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 563%. As a result, the exports reached the peak of 1.3K tons, and then dropped significantly in the following year.

In value terms, exports of vegetable products not elsewhere specified or includeds plummeted to $17K in 2022. In general, exports showed a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 12%. As a result, the exports reached the peak of $56K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Israel in 2022:

1. United Kingdom (13.2 tons)
2. France (6.0 tons)
3. United States (1.2 tons)

Source: IndexBox Market Intelligence Platform