Israel: Banana Market Overview 2020

Banana Market Size in Israel

The revenue of the banana market in Israel amounted to $X in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the total market indicated a slight expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, banana consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, the banana market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Banana Production in Israel

In value terms, banana production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated a noticeable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, banana production increased by +X% against 2015 indices. The growth pace was the most rapid in 2010 when production volume increased by X% year-to-year. Banana production peaked at $X in 2013; however, from 2014 to 2018, production remained at a lower figure.

Average yield of bananas in Israel totaled X tonne per ha in 2018, picking up by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. In that year, the average banana yield reached its peak level of X tonne per ha. From 2017 to 2018, the growth of the average banana yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of bananas were harvested in Israel; remaining relatively unchanged against the previous year. In general, the banana harvested area continues to indicate a slight decline. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Banana harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area remained at a lower figure.

Banana Exports

Exports from Israel

Banana exports from Israel totaled X tonnes in 2018, surging by X% against the previous year. Overall, banana exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, banana exports stood at $X in 2018. In general, banana exports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Exports peaked in 2018 and are likely to continue its growth in the near future.

Banana Imports

Imports into Israel

In 2018, the amount of bananas imported into Israel totaled X tonnes, lowering by -X% against the previous year. Overall, banana imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, banana imports attained their peak figure at X tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, banana imports stood at $X in 2018. In general, banana imports, however, continue to indicate temperate growth. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. Over the period under review, banana imports attained their peak figure at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Source: IndexBox AI Platform