Price for Pectic Substances; Pectinates and Pectates in Israel - 2023

Contents:

1. Price for Pectic Substances; Pectinates and Pectates in Israel (CIF) - 2022
2. Price for Pectic Substances; Pectinates and Pectates in Israel (FOB) - 2022
3. Imports of Pectic Substances; Pectinates and Pectates in Israel
4. Exports of Pectic Substances; Pectinates and Pectates in Israel

Price for Pectic Substances; Pectinates and Pectates in Israel (CIF) - 2022

In 2022, the average import price for pectic substances; pectinates and pectateses amounted to $13,959 per ton, waning by -2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 an increase of 12%. Over the period under review, average import prices hit record highs at $15,765 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($13,959 per ton) and Brazil ($13,959 per ton), while the price for France ($13,958 per ton) and the UK ($13,959 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pectic Substances; Pectinates and Pectates in Israel (FOB) - 2022

The average export price for pectic substances; pectinates and pectateses stood at $12,658 per ton in 2022, with a decrease of -5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2014 an increase of 7.7%. Over the period under review, the average export prices attained the maximum at $14,235 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.3% per year.

Imports of Pectic Substances; Pectinates and Pectates in Israel

In 2022, the amount of pectic substances; pectinates and pectateses imported into Israel rose significantly to 366 tons, with an increase of 12% compared with the previous year. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, pectic substances; pectinates and pectates imports rose rapidly to $5.1M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Pectic Substances; Pectinates and Pectates to Israel in 2022:

1. Germany (122.9 tons)
2. Brazil (117.5 tons)
3. Denmark (85.5 tons)
4. United Kingdom (18.5 tons)
5. Spain (9.7 tons)
6. France (6.4 tons)

Exports of Pectic Substances; Pectinates and Pectates in Israel

In 2022, the amount of pectic substances; pectinates and pectateses exported from Israel expanded sharply to 79 kg, picking up by 5.3% on 2021. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pectic substances; pectinates and pectates exports stood at $1K in 2022. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Pectic Substances; Pectinates and Pectates from Israel in 2022:

1. Netherlands (79.0 kg)

Source: IndexBox Market Intelligence Platform