Israel - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights

Israel: Buckwheat Market Overview 2020

Buckwheat Market Size in Israel

The revenue of the buckwheat market in Israel amounted to $X in 2018, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, buckwheat consumption, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2014 when the market value increased by X% y-o-y. Over the period under review, the buckwheat market attained its peak figure level at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Buckwheat Exports

Exports from Israel

In 2018, the buckwheat exports from Israel totaled X tonnes, lowering by -X% against the previous year. Overall, buckwheat exports continue to indicate a drastic curtailment. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, buckwheat exports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, buckwheat exports amounted to $X in 2018. Over the period under review, buckwheat exports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, buckwheat exports attained their maximum at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

Canada (X tonnes) was the main destination for buckwheat exports from Israel, with a X% share of total exports. Moreover, buckwheat exports to Canada exceeded the volume sent to the second major destination, the U.S. (X kg), threefold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Canada stood at +X%.

In value terms, the U.S. ($X) remains the key foreign market for buckwheat exports from Israel, comprising X% of total buckwheat exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to the U.S. was relatively modest.

Export Prices by Country

In 2018, the average buckwheat export price amounted to $X per tonne, growing by X% against the previous year. In general, the buckwheat export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% year-to-year. The export price peaked in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Canada stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Canada.

Buckwheat Imports

Imports into Israel

Buckwheat imports into Israel stood at X tonnes in 2018, leveling off at the previous year. Overall, buckwheat imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, buckwheat imports attained their peak figure at X tonnes in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, buckwheat imports amounted to $X in 2018. Overall, buckwheat imports, however, continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, buckwheat imports reached their maximum at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

Russia (X tonnes), the UK (X tonnes) and China (X tonnes) were the main suppliers of buckwheat imports to Israel, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest buckwheat suppliers to Israel were the UK ($X), Russia ($X) and China ($X), together accounting for X% of total imports.

Russia (+X% per year) recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average buckwheat import price stood at $X per tonne in 2018, increasing by X% against the previous year. In general, the import price indicated resilient growth from 2007 to 2018: its price 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. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% year-to-year. In that year, the average import prices for buckwheat attained their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was China ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform