Israel: Fertilizer Market 2024

Fertilizer Market Size in Israel

The Israeli fertilizer market rose to $X in 2022, increasing by X% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Fertilizer Production in Israel

In value terms, fertilizer production declined slightly to $X in 2022 estimated in export price. Overall, production, however, showed a slight decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Fertilizer production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Fertilizer Exports

Exports from Israel

Fertilizer exports from Israel dropped to X tons in 2022, declining by X% compared with 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, fertilizer exports soared to $X in 2022. In general, total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Brazil (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of fertilizer exports from Israel, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the United States ($X) and the Netherlands ($X) were the largest markets for fertilizer exported from Israel worldwide, with a combined X% share of total exports.

The United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fertilizer export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fertilizer Imports

Imports into Israel

In 2022, after three years of growth, there was significant decline in purchases abroad of fertilizers, when their volume decreased by X% to X tons. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, fertilizer imports surged to $X in 2022. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Switzerland (X tons), Sweden (X tons) and Russia (X tons) were the main suppliers of fertilizer imports to Israel, with a combined X% share of total imports. The United States, Turkey, China, the United Arab Emirates, Spain, Egypt, Belgium and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fertilizer suppliers to Israel were Switzerland ($X), Russia ($X) and China ($X), with a combined X% share of total imports. The United States, Turkey, Sweden, Belgium, the United Arab Emirates, Spain, Egypt and Germany lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fertilizer import price amounted to $X per ton, rising by X% against the previous year. In general, the import price recorded a tangible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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