Israel: Hazelnut Market 2022

Hazelnut Exports

Exports from Israel

In 2020, overseas shipments of hazelnuts increased by X% to X tonnes, rising for the third year in a row after three years of decline. Over the period under review, exports posted a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. The exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, hazelnut exports reached $X in 2020. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. The exports peaked at $X in 2018; however, from 2019 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X tonnes) and Palestine (X tonnes) were the main destinations of hazelnut exports from Israel.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Palestine (+X value terms, Slovenia ($X) and Palestine ($X) appeared to be the largest markets for hazelnut exported from Israel worldwide.

Palestine, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average hazelnut export price amounted to $X per tonne, approximately mirroring the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. As a result, the export price attained the peak level of $X per tonne. From 2013 to 2020, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2020, the country with the highest price was Slovenia ($X per tonne), while the average price for exports to Palestine totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (X%).

Hazelnut Imports

Imports into Israel

In 2020, the amount of hazelnuts imported into Israel skyrocketed to X tonnes, with an increase of X% compared with 2019. In general, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain momentum.

In value terms, hazelnut imports surged to $X in 2020. Overall, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

The United States (X tonnes), Georgia (X tonnes) and Palestine (X tonnes) were the main suppliers of hazelnut imports to Israel, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Georgia (+X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest hazelnut suppliers to Israel were the United States ($X), Georgia ($X) and Palestine ($X), together accounting for X% of total imports.

Among the main suppliers, Georgia, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average hazelnut import price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, import price indicated a modest expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, hazelnut import price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2017 to 2020, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were the United States ($X per tonne) and Turkey ($X per tonne), while the price for Palestine ($X per tonne) and Georgia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Georgia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform