Non-Liquid Margarine Price in Israel - 2023

Contents:

1. Non-Liquid Margarine Price in Israel (CIF) - 2022
2. Non-Liquid Margarine Price in Israel (FOB) - 2022
3. Non-Liquid Margarine Imports in Israel
4. Non-Liquid Margarine Exports in Israel

Non-Liquid Margarine Price in Israel (CIF) - 2022

In 2022, the average non-liquid margarine import price amounted to $1,906 per ton, jumping by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ukraine ($1,906 per ton) and Greece ($1,906 per ton), while the price for Italy ($1,906 per ton) and Turkey ($1,906 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Liquid Margarine Price in Israel (FOB) - 2022

In 2022, the average non-liquid margarine export price amounted to $1,959 per ton, surging by 21% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 21% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($1,959 per ton) and the United States ($1,959 per ton), while the average price for exports to the UK ($1,959 per ton) and France ($1,959 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Liquid Margarine Imports in Israel

In 2022, approx. 7.9K tons of non-liquid margarine were imported into Israel; rising by 63% compared with the previous year's figure. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 215%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, non-liquid margarine imports skyrocketed to $15M in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 267%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Non-Liquid Margarine to Israel in 2022:

1. Greece (6.8K tons)
2. Denmark (0.5K tons)
3. Italy (0.3K tons)
4. Ukraine (0.2K tons)
5. Turkey (0.2K tons)

Non-Liquid Margarine Exports in Israel

In 2022, exports of non-liquid margarine from Israel dropped rapidly to 455 tons, which is down by -23.7% against the year before. Over the period under review, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 36%. As a result, the exports reached the peak of 596 tons, and then reduced notably in the following year.

In value terms, non-liquid margarine exports dropped to $891K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64%. As a result, the exports reached the peak of $967K, and then reduced in the following year.

Top Export Markets for Non-Liquid Margarine from Israel in 2022:

1. United States (345.0 tons)
2. France (50.0 tons)
3. United Kingdom (42.4 tons)
4. Argentina (17.4 tons)

Source: IndexBox Market Intelligence Platform