Price for Cereal Flour; of Maize (Corn) in Israel - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in Israel (CIF) - 2022
- Price for Cereal Flour; of Maize (Corn) in Israel (FOB) - 2022
- Imports of Cereal Flour; of Maize (Corn) in Israel
- Exports of Cereal Flour; of Maize (Corn) in Israel
Price for Cereal Flour; of Maize (Corn) in Israel (CIF) - 2022
In 2022, the average import price for cereal flour; of maize (corn) amounted to $801 per ton, rising by 12% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereal flour; of maize (corn) import price increased by +8.7% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 58%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual 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 Argentina ($801 per ton) and Ukraine ($801 per ton), while the price for Italy ($801 per ton) and France ($801 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in Israel (FOB) - 2022
In 2022, the average export price for cereal flour; of maize (corn) amounted to $1,684 per ton, surging by 92% against the previous year. In general, the export price showed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to -0.7% per year.
Imports of Cereal Flour; of Maize (Corn) in Israel
For the fourth year in a row, Israel recorded growth in overseas purchases of cereal flour; of maize (corn), which increased by 7.5% to 1.9K tons in 2022. The total import volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, cereal flour; of maize (corn) imports surged to $1.6M in 2022. The total import value increased at an average annual rate of +14.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereal Flour; of Maize (Corn) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 598 | 761 | 746 | 1,129 | 23.6% |
| Turkey | 24.0 | 33.0 | 78.0 | 151 | 84.6% |
| United States | 72.0 | 43.0 | 93.0 | 100 | 11.6% |
| Ukraine | 99.0 | 63.0 | 127 | 56.0 | -17.3% |
| Argentina | 38.0 | 39.0 | 41.0 | 52.0 | 11.0% |
| France | 196 | 185 | 175 | 48.0 | -37.4% |
| Others | 23.0 | 120 | 33.0 | 25.0 | 2.8% |
| Total | 1,050 | 1,244 | 1,293 | 1,561 | 14.1% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Israel in 2022:
- Italy (1410.1 tons)
- Turkey (188.6 tons)
- United States (124.9 tons)
- Ukraine (69.9 tons)
- Argentina (64.9 tons)
- France (60.0 tons)
Exports of Cereal Flour; of Maize (Corn) in Israel
In 2022, overseas shipments of cereal flour; of maize (corn) decreased by -97.7% to 594 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 70% against the previous year. As a result, the exports attained the peak of 43 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereal flour; of maize (corn) exports dropped remarkably to $1K in 2022. Over the period under review, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 92% against the previous year. As a result, the exports reached the peak of $23K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cereal Flour; of Maize (Corn) in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 0.4 | 1.0 | 150.0% |
| Palestine | 9.3 | 20.6 | 5.8 | N/A | -21.0% |
| United States | N/A | N/A | 15.0 | N/A | 0% |
| Others | 2.6 | 2.4 | 1.1 | N/A | -35.0% |
| Total | 12.0 | 23.0 | 22.3 | 1.0 | -56.3% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Israel in 2022:
- Belgium (594.0 kg)
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