Flakes; of Potatoes Price in Israel - 2023

Contents:

1. Flakes; of Potatoes Price in Israel (CIF) - 2022
2. Flakes; of Potatoes Price in Israel (FOB) - 2022
3. Flakes; of Potatoes Imports in Israel
4. Flakes; of Potatoes Exports in Israel

Flakes; of Potatoes Price in Israel (CIF) - 2022

The average flakes; of potatoes import price stood at $1,555 per ton in 2022, growing by 9.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 19%. Over the period under review, average import prices hit record highs at $1,788 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($1,555 per ton) and India ($1,555 per ton), while the price for Belgium ($1,555 per ton) and Germany ($1,555 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Israel (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $1,428 per ton, picking up by 8% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2017 when the average export price increased by 34%. The export price peaked at $3,378 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($1,428 per ton) and Canada ($1,428 per ton), while the average price for exports to Hungary ($1,428 per ton) and the UK ($1,428 per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Imports in Israel

For the fourth consecutive year, Israel recorded growth in supplies from abroad of flakes; of potatoeses, which increased by 3.9% to 4.1K tons in 2022. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 14%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, flakes; of potatoes imports expanded significantly to $6.4M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flakes; of Potatoes to Israel in 2022:

1. India (1099.2 tons)
2. Poland (1015.6 tons)
3. United States (985.4 tons)
4. Belgium (425.8 tons)
5. Russia (303.0 tons)
6. Germany (126.7 tons)
7. Sweden (124.8 tons)

Flakes; of Potatoes Exports in Israel

In 2022, after three years of growth, there was significant decline in overseas shipments of flakes; of potatoeses, when their volume decreased by -35.9% to 38 tons. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 100% against the previous year.

In value terms, flakes; of potatoes exports contracted notably to $54K in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 79%.

Top Export Markets for Flakes; of Potatoes from Israel in 2022:

1. Hungary (14.7 tons)
2. United States (13.3 tons)
3. Canada (7.0 tons)
4. United Kingdom (2.8 tons)

Source: IndexBox Market Intelligence Platform