Live Fish Price in Israel - 2023

Contents:

1. Live Fish Price in Israel (FOB) - 2022
2. Live Fish Price in Israel (CIF) - 2022
3. Live Fish Exports in Israel
4. Live Fish Imports in Israel

Live Fish Price in Israel (FOB) - 2022

In 2022, the average live fish export price amounted to $26,300 per ton, which is down by -38.5% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2017 an increase of 134%. The export price peaked at $70,782 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($88,888 per ton), while the average price for exports to Greece ($16,460 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 Netherlands (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Live Fish Price in Israel (CIF) - 2022

In 2022, the average live fish import price amounted to $19,272 per ton, surging by 11% against the previous year. Overall, the import price saw pronounced growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 66%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($269,029 per ton), while the price for Thailand ($7,747 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Live Fish Exports in Israel

In 2022, exports of live fish from Israel skyrocketed to 513 tons, increasing by 82% on the year before. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, live fish exports rose rapidly to $13M in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 34%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Live Fish from Israel in 2022:

1. Belgium (133.4 tons)
2. United Kingdom (112.7 tons)
3. Spain (61.6 tons)
4. France (39.8 tons)
5. United States (35.7 tons)
6. Italy (25.6 tons)
7. South Africa (18.4 tons)
8. Switzerland (17.7 tons)
9. Germany (16.5 tons)
10. Greece (15.1 tons)
11. Portugal (12.4 tons)

Live Fish Imports in Israel

In 2022, the amount of live fish imported into Israel stood at 163 tons, remaining relatively unchanged against the previous year's figure. Overall, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 33%.

In value terms, live fish imports rose sharply to $3.1M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Live Fish to Israel in 2022:

1. Thailand (87.7 tons)
2. Turkey (13.9 tons)
3. Australia (12.0 tons)
4. Kenya (9.6 tons)
5. Philippines (7.5 tons)
6. Indonesia (6.6 tons)
7. United States (4.9 tons)
8. Colombia (4.6 tons)
9. Sri Lanka (4.1 tons)
10. Cyprus (2.3 tons)
11. Singapore (0.9 tons)

Source: IndexBox Market Intelligence Platform