Cereals; Millet, Seed Price in Israel - 2023
Contents:
Cereals; Millet, Seed Price in Israel (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $1,366 per ton, growing by 24% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 51%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($1,366 per ton) and India ($1,366 per ton), while the price for Thailand ($1,366 per ton) and Ukraine ($1,366 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Millet, Seed Imports in Israel
Cereals; millet, seed imports into Israel reduced dramatically to 263 tons in 2022, waning by -16.9% against the previous year's figure. In general, imports recorded a sharp curtailment.
In value terms, cereals; millet, seed imports rose to $359K in 2022. Overall, imports continue to indicate a significant decrease.
| Import of Cereals; Millet, Seed in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 136 | 94.0 | 73.0 | 100 | -9.7% |
| Turkey | N/A | N/A | N/A | 82.0 | 0% |
| United States | 290 | 87.0 | N/A | 78.0 | -35.4% |
| Ethiopia | 47.0 | 70.0 | 142 | 40.0 | -5.2% |
| India | 113 | 97.0 | 39.0 | 34.0 | -33.0% |
| Ukraine | 145 | 102 | 50.0 | 17.0 | -51.1% |
| Thailand | 17.0 | N/A | N/A | 8.0 | -22.2% |
| Spain | 182 | 86.0 | 44.0 | N/A | -50.8% |
| Netherlands | 325 | 181 | N/A | N/A | -44.3% |
| Others | 73.0 | 36.0 | N/A | N/A | -50.7% |
| Total | 1,328 | 753 | 348 | 359 | -35.3% |
Top Suppliers of Cereals; Millet, Seed to Israel in 2022:
- Russia (73.2 tons)
- Turkey (60.0 tons)
- United States (57.1 tons)
- Ethiopia (29.3 tons)
- India (24.9 tons)
- Ukraine (12.4 tons)
- Thailand (5.9 tons)
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