Price for Flours and Meals; of Soya Beans in Israel - 2024

Contents:

1. Price for Flours and Meals; of Soya Beans in Israel (CIF) - 2022
2. Price for Flours and Meals; of Soya Beans in Israel (FOB) - 2022
3. Imports of Flours and Meals; of Soya Beans in Israel
4. Exports of Flours and Meals; of Soya Beans in Israel

Price for Flours and Meals; of Soya Beans in Israel (CIF) - 2022

In 2022, the average import price for flours and meals; of soya beanses amounted to $1,057 per ton, picking up by 25% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flours and meals; of soya beanses increased by +46.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 64%. As a result, import price reached the peak level of $1,258 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Serbia ($1,057 per ton), while the price for the United States ($1,057 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flours and Meals; of Soya Beans in Israel (FOB) - 2022

The average export price for flours and meals; of soya beanses stood at $1,092 per ton in 2022, rising by 18% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. Over the period under review, the average export prices hit record highs at $2,197 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($1,092 per ton), while the average price for exports to the UK totaled $1,092 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-7.8%).

Imports of Flours and Meals; of Soya Beans in Israel

In 2022, approx. 1.2K tons of flours and meals; of soya beanses were imported into Israel; shrinking by -8.6% compared with the previous year's figure. Overall, imports continue to indicate a abrupt curtailment. The smallest decline of -0.2% was in 2021.

In value terms, imports of flours and meals; of soya beanses rose rapidly to $1.2M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flours and Meals; of Soya Beans to Israel in 2022:

1. Serbia (912.8 tons)
2. Austria (171.2 tons)
3. United States (82.3 tons)

Exports of Flours and Meals; of Soya Beans in Israel

In 2022, after two years of decline, there was significant decline in shipments abroad of flours and meals; of soya beanses, when their volume decreased by -93.1% to 2.7 tons. In general, exports, however, saw significant growth.

In value terms, exports of flours and meals; of soya beanses contracted markedly to $3K in 2022. Over the period under review, exports, however, saw a significant expansion.

Top Export Markets for Flours and Meals; of Soya Beans from Israel in 2022:

1. Ethiopia (1.8 tons)
2. United Kingdom (0.9 tons)

Source: IndexBox Market Intelligence Platform