Price for Flour, Meal, and Flakes of Potatoes in Israel - 2024

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Israel (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Israel (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Israel
4. Exports of Flour, Meal, and Flakes of Potatoes in Israel

Price for Flour, Meal, and Flakes of Potatoes in Israel (CIF) - 2022

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $1,568 per ton, surging by 10% against the previous year. In general, the import price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the maximum at $1,802 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($1,578 per ton) and India ($1,578 per ton), while the price for the United States ($1,549 per ton) and Poland ($1,570 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in Israel (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $1,521 per ton in 2022, jumping by 15% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average export price increased by 76% against the previous year. The export price peaked at $2,114 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($1,522 per ton) and Canada ($1,522 per ton), while the average price for exports to Kazakhstan ($1,495 per ton) and the UK ($1,521 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 Canada (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Israel

For the fourth consecutive year, Israel recorded growth in purchases abroad of flour, meal, and flakes of potatoeses, which increased by 4% to 4.4K tons in 2022. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of flour, meal, and flakes of potatoeses reached $6.9M in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Israel in 2022:

1. United States (1256.6 tons)
2. India (1082.9 tons)
3. Poland (1066.0 tons)
4. Belgium (541.8 tons)
5. Russia (298.5 tons)
6. Germany (128.3 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Israel

In 2022, after three years of growth, there was significant decline in shipments abroad of flour, meal, and flakes of potatoeses, when their volume decreased by -53.7% to 36 tons. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 65% against the previous year. As a result, the exports reached the peak of 78 tons, and then reduced remarkably in the following year.

In value terms, exports of flour, meal, and flakes of potatoeses dropped notably to $55K in 2022. Overall, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. As a result, the exports reached the peak of $103K, and then dropped notably in the following year.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Israel in 2022:

1. Hungary (13.8 tons)
2. United States (12.5 tons)
3. Canada (6.6 tons)
4. United Kingdom (2.6 tons)
5. Kazakhstan (0.7 tons)

Source: IndexBox Market Intelligence Platform