Israel: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Israel

In 2023, the Israeli market for crispbread, rusks and toasted bread decreased by X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Crispbread, Rusks and Toasted Bread in Israel

In value terms, crispbread, rusk and toasted bread production expanded markedly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Crispbread, rusk and toasted bread production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Crispbread, Rusks and Toasted Bread

Exports from Israel

In 2023, overseas shipments of crispbread, rusks and toasted bread increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, crispbread, rusk and toasted bread exports surged to $X in 2023. Overall, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are likely to continue growth in years to come.

Exports by Country

The United States (X tons) was the main destination for crispbread, rusk and toasted bread exports from Israel, accounting for a X% share of total exports. Moreover, crispbread, rusk and toasted bread exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), sixfold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and France (X% per year).

In value terms, the United States ($X) remains the key foreign market for crispbread, rusks and toasted bread exports from Israel, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and France (X% per year).

Export Prices by Country

In 2023, the average export price for crispbread, rusks and toasted bread amounted to $X per ton, dropping by X% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2023: its price increased 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 2023 figures, crispbread, rusk and toasted bread export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2022 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Israel

In 2023, approx. X tons of crispbread, rusks and toasted bread were imported into Israel; which is down by X% against 2022. Overall, imports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2022, and then declined sharply in the following year.

In value terms, crispbread, rusk and toasted bread imports declined to $X in 2023. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then declined slightly in the following year.

Imports by Country

Spain (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of crispbread, rusk and toasted bread imports to Israel, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread, rusk and toasted bread suppliers to Israel were Spain ($X), Italy ($X) and the Netherlands ($X), together comprising X% of total imports.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2023, the average import price for crispbread, rusks and toasted bread amounted to $X per ton, surging by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and the Czech Republic ($X per ton), while the price for Ukraine ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform