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Israel - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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Israel: Virgin Olive Oil Market Overview 2021

Virgin Olive Oil Market Size in Israel

After three years of growth, the Israeli virgin olive oil market decreased by -X% to $X in 2019. Over the period under review, consumption posted a resilient expansion. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Virgin olive oil consumption peaked at $X in 2018, and then dropped in the following year.

Virgin Olive Oil Production in Israel

In value terms, virgin olive oil production shrank significantly to $X in 2019 estimated in export prices. In general, production posted a temperate expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2012 to 2019, production growth remained at a lower figure.

Virgin Olive Oil Exports

Exports from Israel

In 2019, approx. X tonnes of virgin olive oil were exported from Israel; picking up by X% against the previous year. Overall, exports, however, recorded a pronounced setback. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. From 2012 to 2019, the growth exports failed to regain the momentum.

In value terms, virgin olive oil exports contracted to $X in 2019. In general, exports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2012 to 2019, the growth exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes), Japan (X tonnes) and Canada (X tonnes) were the main destinations of virgin olive oil exports from Israel, together comprising X% of total exports. Ghana, Germany, Slovenia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and Canada ($X) appeared to be the largest markets for virgin olive oil exported from Israel worldwide, with a combined X% share of total exports. Ghana, Germany, Slovenia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Slovenia (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average virgin olive oil export price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied noticeably for the major foreign markets. In 2019, the highest prices were recorded for prices to Ghana ($X per tonne) and Taiwan (Chinese) ($X per tonne), while the average price for exports to Canada ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese), while the prices for the other major destinations experienced a decline.

Virgin Olive Oil Imports

Imports into Israel

In 2019, approx. X tonnes of virgin olive oil were imported into Israel; growing by X% against the previous year's figure. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are likely to see steady growth in the near future.

In value terms, virgin olive oil imports amounted to $X in 2019. In general, imports posted a strong increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2019 and are likely to see steady growth in years to come.

Imports by Country

In 2019, Spain (X tonnes) constituted the largest virgin olive oil supplier to Israel, with a X% share of total imports. Moreover, virgin olive oil imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), sixfold. The third position in this ranking was occupied by Turkey (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Spain amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Turkey (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of virgin olive oil to Israel, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Turkey (+X% per year).

Import Prices by Country

The average virgin olive oil import price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2018, and then shrank dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2019, the countries with the highest prices were Jordan ($X per tonne) and Spain ($X per tonne), while the price for Italy ($X per tonne) and Tunisia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Tunisia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for virgin olive oil in the world?
+
Spain (1.1M tonnes) constituted the country with the largest volume of virgin olive oil consumption, accounting for 31% of total volume. Moreover, virgin olive oil consumption in Spain exceeded the figures recorded by the second-largest consumer, Italy (542K tonnes), twofold. The U.S. (266K tonnes) ranked third in terms of total consumption with a 7.2% share.
What are the largest producers of virgin olive oil in the world?
+
Spain (1.9M tonnes) remains the largest virgin olive oil producing country worldwide, comprising approx. 51% of total volume. Moreover, virgin olive oil production in Spain exceeded the figures recorded by the second-largest producer, Greece (329K tonnes), sixfold. The third position in this ranking was occupied by Tunisia (287K tonnes), with a 7.8% share.
What are the leading suppliers of virgin olive oil to Israel?
+
In value terms, Spain ($26M) constituted the largest supplier of virgin olive oil to Israel, comprising 64% of total imports. The second position in the ranking was occupied by Italy ($4.7M), with a 12% share of total imports. It was followed by Turkey, with a 10% share.
What are the leading importers of virgin olive oil from Israel?
+
In value terms, the largest markets for virgin olive oil exported from Israel were the U.S. ($153K), Japan ($118K) and Canada ($91K), with a combined 65% share of total exports. Ghana, Germany, Slovenia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 24%.
What is the average export price for virgin olive oil in Israel?
+
In 2019, the average virgin olive oil export price amounted to $3,952 per tonne, reducing by -28.6% against the previous year.
What is the average import price for virgin olive oil in Israel?
+
The average virgin olive oil import price stood at $3,793 per tonne in 2019, reducing by -26.5% against the previous year.

Product coverage:
• FCL 261 - Oil of Olives, Virgin

This report provides an in-depth analysis of the virgin olive oil market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Israel

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Israel
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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