Israel: Overview of the Market for Broad Beans And Horse Beans (Dry) 2021

Market Size for Broad Beans And Horse Beans (Dry) in Israel

In 2019, the Israeli market for broad beans and horse beans (dry) was finally on the rise to reach $X after three years of decline. In general, consumption showed a remarkable increase. The pace of growth was the most pronounced in 2015 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level at $X in 2010; however, from 2011 to 2019, consumption failed to regain the momentum.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Israel

In 2019, approx. X kg of broad beans and horse beans (dry) were exported from Israel; waning by -X% against 2018. In general, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, broad bean and horse bean exports fell dramatically to $X in 2019. Over the period under review, exports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2017 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Palestine (X kg) was the main destination for broad bean and horse bean exports from Israel, accounting for a X% share of total exports. Moreover, broad bean and horse bean exports to Palestine exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Palestine totaled -X%.

In value terms, Palestine ($X) remains the key foreign market for broad bean and horse bean exports from Israel, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Palestine amounted to -X%.

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per tonne in 2019, increasing by X% against the previous year. In general, the export price posted a strong increase. The growth pace was the most rapid in 2008 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Italy ($X per tonne), while the average price for exports to Palestine totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Palestine.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Israel

In 2019, after three years of decline, there was significant growth in purchases abroad of broad beans and horse beans (dry), when their volume increased by X% to X tonnes. Overall, imports enjoyed noticeable growth. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Imports peaked at X tonnes in 2010; however, from 2011 to 2019, imports stood at a somewhat lower figure.

In value terms, broad bean and horse bean imports surged to $X in 2019. Over the period under review, imports showed a buoyant increase. Imports peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

Palestine (X tonnes), the UK (X tonnes) and Australia (X tonnes) were the main suppliers of broad bean and horse bean imports to Israel, with a combined X% share of total imports. Bolivia, Peru, Germany, the U.S., Ukraine and Canada lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S., while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Australia ($X) and Bolivia ($X) appeared to be the largest broad bean and horse bean suppliers to Israel, with a combined X% share of total imports. These countries were followed by Peru, Palestine, the U.S., Canada, Germany and Ukraine, which together accounted for a further X U.S. (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average import price for broad beans and horse beans (dry) amounted to $X per tonne, surging by X% against the previous year. Over the period under review, import price indicated a moderate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, broad bean and horse bean import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The import price peaked in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Bolivia ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for broad beans and horse beans (dry) in the world?

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The country with the largest volume of broad bean and horse bean consumption was China (3.5M tonnes), accounting for 47% of total volume. Moreover, broad bean and horse bean consumption in China exceeded the figures recorded by the second-largest consumer, Ethiopia (989K tonnes), fourfold. The third position in this ranking was occupied by Egypt (537K tonnes), with a 7.3% share.

What are the largest producers of broad beans and horse beans (dry) in the world?

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The country with the largest volume of broad bean and horse bean production was China (3.5M tonnes), accounting for 49% of total volume. Moreover, broad bean and horse bean production in China exceeded the figures recorded by the second-largest producer, Ethiopia (1M tonnes), threefold. The third position in this ranking was occupied by the UK (548K tonnes), with a 7.7% share.

What are the leading suppliers of broad beans and horse beans (dry) to Israel?

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In value terms, the UK ($355K), Australia ($306K) and Bolivia ($300K) were the largest broad bean and horse bean suppliers to Israel, with a combined 44% share of total imports. Peru, Palestine, the U.S., Canada, Germany and Ukraine lagged somewhat behind, together comprising a further 37%.

What are the leading importers of broad beans and horse beans (dry) from Israel?

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In value terms, Palestine ($345) remains the key foreign market for broad bean and horse bean exports from Israel, comprising 92% of total exports. The second position in the ranking was occupied by Italy ($29), with a 7.6% share of total exports.

What is the average export price for broad beans and horse beans (dry) in Israel?

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The average export price for broad beans and horse beans (dry) stood at $1,000 per tonne in 2019, rising by 59% against the previous year.

What is the average import price for broad beans and horse beans (dry) in Israel?

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In 2019, the average import price for broad beans and horse beans (dry) amounted to $1,043 per tonne, jumping by 34% against the previous year.