Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel - 2024
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel (FOB) - 2024
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel (CIF) - 2024
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel (FOB) - 2024
In January 2024, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,893 per ton, leveling off at the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in May 2023 an increase of 19% month-to-month. The export price peaked at $3,973 per ton in October 2023; however, from November 2023 to January 2024, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In January 2024, the highest price was recorded for prices to Slovenia ($4,331 per ton) and France ($3,946 per ton), while the average price for exports to Thailand ($3,872 per ton) and the UK ($3,872 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel (CIF) - 2024
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,514 per ton in January 2024, picking up by 4.7% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in May 2023 when the average import price increased by 9.6% month-to-month. Over the period under review, average import prices attained the maximum in January 2024.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the highest price was recorded for prices from the United States ($4,573 per ton) and Poland ($4,567 per ton), while the price for Lithuania ($4,310 per ton) and Armenia ($4,310 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel
In 2022, after three years of growth, there was significant decline in shipments abroad of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume decreased by -28.6% to 1.3K tons. Overall, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses shrank notably to $4.8M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.5 | 4.3 | 5.2 | 3.6 | 0.9% |
| United Kingdom | 0.6 | 0.6 | 0.2 | 0.4 | -12.6% |
| France | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Slovenia | N/A | N/A | 0.2 | 0.2 | 0.0% |
| South Africa | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.3 | 0.4 | 0.1 | 0.3 | 0.0% |
| Total | 4.7 | 5.7 | 6.3 | 4.8 | 0.7% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Israel in 2022:
- United States (941.7 tons)
- United Kingdom (106.5 tons)
- France (83.7 tons)
- Slovenia (65.4 tons)
- South Africa (23.7 tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel
In 2022, supplies from abroad of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -3.5% to 337 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.5% 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 with an increase of 44% against the previous year. As a result, imports attained the peak of 411 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses shrank to $1.3M in 2022. The total import value increased at an average annual rate of +8.4% 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 2020 when imports increased by 46%. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 174 | 89.0 | 429 | 57.0% |
| Netherlands | 76.0 | 77.0 | 163 | 116 | 15.1% |
| Latvia | 69.0 | 116 | 70.0 | 100 | 13.2% |
| Lithuania | 92.0 | 19.0 | 73.0 | 98.0 | 2.1% |
| Japan | 51.0 | 41.0 | 57.0 | 92.0 | 21.7% |
| Thailand | 75.0 | 107 | 99.0 | 82.0 | 3.0% |
| Germany | 59.0 | 37.0 | 126 | 69.0 | 5.4% |
| United States | 101 | 104 | 76.0 | 56.0 | -17.8% |
| Russia | 27.0 | 91.0 | 67.0 | 48.0 | 21.1% |
| Armenia | 19.0 | 52.0 | 127 | 34.0 | 21.4% |
| Turkey | N/A | N/A | 21.0 | 33.0 | 57.1% |
| China | 22.0 | 69.0 | 137 | 33.0 | 14.5% |
| France | 135 | 242 | 8.0 | N/A | -75.7% |
| Others | 283 | 347 | 234 | 97.0 | -30.0% |
| Total | 1,009 | 1,476 | 1,347 | 1,287 | 8.4% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Israel in 2022:
- Italy (112.2 tons)
- Netherlands (30.3 tons)
- Latvia (26.1 tons)
- Lithuania (25.6 tons)
- Japan (24.1 tons)
- Thailand (21.4 tons)
- Germany (18.0 tons)
- United States (14.6 tons)
- Russia (12.6 tons)
- Armenia (8.9 tons)
- Turkey (8.6 tons)
- China (8.6 tons)
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