Starch; Manioc (Cassava) Price in Israel - 2023

Contents:

  1. Starch; Manioc (Cassava) Price in Israel (CIF) - 2022
  2. Starch; Manioc (Cassava) Imports in Israel

Starch; Manioc (Cassava) Price in Israel (CIF) - 2022

The average starch; manioc (cassava) import price stood at $1,028 per ton in 2022, surging by 15% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch; manioc (cassava) import price increased by +50.3% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 46%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($1,028 per ton) and Germany ($1,028 per ton), while the price for Thailand ($1,028 per ton) and Paraguay ($1,028 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Starch; Manioc (Cassava) Imports in Israel

In 2022, the amount of starch; manioc (cassava)s imported into Israel dropped dramatically to 2K tons, falling by -28.9% against the previous year's figure. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of 2.8K tons, and then declined rapidly in the following year.

In value terms, starch; manioc (cassava) imports plummeted to $2M in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports reached the peak of $2.5M, and then fell remarkably in the following year.

Import of Starch; Manioc (Cassava) in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1,7381,2821,3521,8361.8%
Brazil25.826.622.611464.1%
Paraguay93.312116257.0-15.1%
Others59.653.193415.0-36.9%
Total1,9171,4832,4712,0221.8%

Top Suppliers of Starch; Manioc (Cassava) to Israel in 2022:

  1. Thailand (1786.2 tons)
  2. Brazil (110.9 tons)
  3. Paraguay (55.5 tons)

Source: IndexBox Market Intelligence Platform

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