Israel: Brazil Nut Market 2022

Brazil Nut Market Size in Israel

In 2021, after seven years of decline, there was significant growth in the Israeli brazil nut market, when its value increased by X% to $X. Over the period under review, consumption, however, showed a abrupt setback. Brazil nut consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Brazil Nut Production in Israel

In value terms, brazil nut production reduced slightly to $X in 2021 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2020, and then reduced slightly in the following year.

The average yield of brazil nuts in Israel was estimated at less than X kg per ha in 2021, remaining relatively unchanged against 2020 figures. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of brazil nuts production in Israel stood at less than X ha, therefore, remained relatively stable against the previous year's figure. Overall, the harvested area showed a relatively flat trend pattern.

Brazil Nut Exports

Exports from Israel

After seven years of growth, overseas shipments of brazil nuts decreased by -X% to X tonnes in 2021. Over the period under review, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, the exports reached the maximum at X tonnes in 2020, and then dropped in the following year.

In value terms, brazil nut exports fell to $X in 2021. Overall, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then shrank in the following year.

Exports by Country

Palestine (X tonnes) was the main destination for brazil nut exports from Israel, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Palestine stood at +X%.

In value terms, Palestine ($X) also remains the key foreign market for brazil nut exports from Israel.

From 2012 to 2021, the average annual rate of growth in terms of value to Palestine stood at +X%.

Export Prices by Country

The average brazil nut export price stood at $X per tonne in 2021, remaining stable against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% year-to-year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Palestine amounted to +X% per year.

Brazil Nut Imports

Imports into Israel

In 2021, after two years of decline, there was significant growth in overseas purchases of brazil nuts, when their volume increased by X% to X tonnes. Overall, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, brazil nut imports soared to $X in 2021. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Palestine (X tonnes) was the main supplier of brazil nut to Israel, with a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Palestine amounted to +X%.

In value terms, Palestine ($X) constituted the largest supplier of brazil nut to Israel.

From 2012 to 2021, the average annual rate of growth in terms of value from Palestine stood at +X%.

Import Prices by Country

In 2021, the average brazil nut import price amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Palestine.

From 2012 to 2021, the rate of growth in terms of prices for Palestine amounted to +X% per year.

Source: IndexBox Platform