Israel: Market for Lamb and Sheep Meat 2023

Market Size for Lamb and Sheep Meat in Israel

For the third year in a row, the Israeli lamb and sheep meat market recorded growth in sales value, which increased by 0.3% to $X in 2021. In general, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +72.9% against 2013 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Production of Lamb and Sheep Meat in Israel

In value terms, lamb and sheep meat production contracted modestly to $X in 2021 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +74.8% against 2013 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 18%. Lamb and sheep meat production peaked at $X in 2020, and then fell in the following year.

In 2021, the average yield of lamb and sheep meat in Israel contracted to X kg per head, reducing by -6.7% on the previous year. The yield figure increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the yield increased by 6.9% against the previous year. The lamb and sheep meat yield peaked at X kg per head in 2020, and then dropped in the following year.

The number of animals slaughtered for lamb and sheep meat production in Israel expanded significantly to X heads in 2021, picking up by 6% on the previous year's figure. This number increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the number of producing animals increased by 16%. Over the period under review, this number attained the peak level in 2021 and is expected to retain growth in years to come.

Exports of Lamb and Sheep Meat

Exports from Israel

In 2021, lamb and sheep meat exports from Israel totaled X tons, picking up by 5.8% against the previous year. In general, exports recorded resilient growth. The pace of growth appeared the most rapid in 2014 when exports increased by 88% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, lamb and sheep meat exports expanded sharply to $X in 2021. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by 93% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Palestine (X tons) was the main destination for lamb and sheep meat exports from Israel, accounting for a approx. 94% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Palestine totaled +15.5%.

In value terms, Palestine ($X) also remains the key foreign market for lamb and sheep meat exports from Israel.

From 2012 to 2021, the average annual growth rate of value to Palestine totaled +17.3%.

Export Prices by Country

The average lamb and sheep meat export price stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Palestine.

From 2012 to 2021, the rate of growth in terms of prices for Palestine amounted to +1.5% per year.

Imports of Lamb and Sheep Meat

Imports into Israel

In 2021, the amount of lamb and sheep meat imported into Israel soared to X tons, jumping by 19% on 2020 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 38%. Over the period under review, imports reached the peak figure at X tons in 2012; afterwards, it flattened through to 2021.

In value terms, lamb and sheep meat imports skyrocketed to $X in 2021. Overall, imports saw a strong increase. The growth pace was the most rapid in 2014 when imports increased by 95% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

Imports by Country

France (X tons), Spain (X tons) and Australia (X tons) were the main suppliers of lamb and sheep meat imports to Israel, together accounting for 49% of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +69.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and Australia ($X) constituted the largest lamb and sheep meat suppliers to Israel, together comprising 39% of total imports.

Spain, with a CAGR of +80.5%, saw the highest growth rate of 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 2021, the average lamb and sheep meat import price amounted to $X per ton, surging by 16% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lamb and sheep meat import price increased by +30.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 42% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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