Price for Cereal Groats; Meal and Pellets in Israel - 2023
Contents:
- Price for Cereal Groats; Meal and Pellets in Israel (CIF) - 2022
- Price for Cereal Groats; Meal and Pellets in Israel (FOB) - 2022
- Imports of Cereal Groats; Meal and Pellets in Israel
- Exports of Cereal Groats; Meal and Pellets in Israel
Price for Cereal Groats; Meal and Pellets in Israel (CIF) - 2022
In 2022, the average import price for cereal groats; meal and pelletses amounted to $603 per ton, increasing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. The pace of growth was the most pronounced in 2021 an increase of 24%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($998 per ton), while the price for France ($571 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats; Meal and Pellets in Israel (FOB) - 2022
The average export price for cereal groats; meal and pelletses stood at $875 per ton in 2022, jumping by 184% against the previous year. Overall, the export price enjoyed a remarkable 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 Belgium amounted to +22.4% per year.
Imports of Cereal Groats; Meal and Pellets in Israel
In 2022, the amount of cereal groats; meal and pelletses imported into Israel reached 28K tons, surging by 3.5% against the year before. Over the period under review, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -35.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 61% against the previous year. As a result, imports attained the peak of 44K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereal groats; meal and pellets imports skyrocketed to $17M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. As a result, imports attained the peak of $18M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereal Groats; Meal and Pellets in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.9 | 6.8 | 8.3 | 11.0 | 23.1% |
| Turkey | 1.4 | 1.3 | 1.3 | 2.5 | 21.3% |
| Netherlands | 1.6 | 1.3 | 1.5 | 2.0 | 7.7% |
| Ukraine | 1.5 | 0.6 | 2.2 | 0.6 | -26.3% |
| France | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Switzerland | N/A | 7.2 | N/A | N/A | 0% |
| Others | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| Total | 10.9 | 17.7 | 13.6 | 16.9 | 15.7% |
Top Suppliers of Cereal Groats; Meal and Pellets to Israel in 2022:
- Italy (18.1K tons)
- Turkey (4.4K tons)
- Netherlands (3.6K tons)
- Ukraine (0.9K tons)
- France (0.5K tons)
Exports of Cereal Groats; Meal and Pellets in Israel
In 2022, after three years of growth, there was significant decline in shipments abroad of cereal groats; meal and pelletses, when their volume decreased by -99.9% to 10 tons. Over the period under review, exports faced a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 7.9%.
In value terms, cereal groats; meal and pellets exports shrank rapidly to $9K in 2022. In general, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 5.5%.
| Export of Cereal Groats; Meal and Pellets in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 7.6 | 9.0 | 18.4% |
| Palestine | 276 | 100 | 78.5 | N/A | -46.7% |
| United States | 1,804 | 2,136 | 2,292 | N/A | 12.7% |
| Others | 78.3 | 41.3 | 25.7 | N/A | -42.7% |
| Total | 2,158 | 2,277 | 2,403 | 9.0 | -83.9% |
Top Export Markets for Cereal Groats; Meal and Pellets from Israel in 2022:
- Belgium (10.3 tons)
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