Israel: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Israel

The Israeli peach and nectarine market was estimated at $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, recorded a abrupt contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Peach And Nectarine Production in Israel

In value terms, peach and nectarine production expanded markedly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Peach and nectarine production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

In 2022, the average peach and nectarine yield in Israel totaled X tons per ha, remaining relatively unchanged against the year before. Over the period under review, the yield, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2016 when the yield increased by X%. Over the period under review, the average peach and nectarine yield hit record highs at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of peaches and nectarines were harvested in Israel; flattening at the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to peach and nectarine production reached the peak figure at X ha in 2019; afterwards, it flattened through to 2022.

Peach And Nectarine Exports

Exports from Israel

In 2019, overseas shipments of peaches and nectarines were finally on the rise to reach X tons for the first time since 2016, thus ending a two-year declining trend. Overall, exports, however, recorded a significant contraction. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

In value terms, peach and nectarine exports soared to $X in 2019. Over the period under review, exports, however, showed a significant curtailment. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

Palestine (X tons) was the main destination for peach and nectarine exports from Israel, with a X% share of total exports. It was followed by the UK (X kg), with a X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Palestine stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Russia (X% per year).

In value terms, Palestine ($X) remains the key foreign market for peaches and nectarines exports from Israel, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports.

From 2012 to 2019, the average annual growth rate of value to Palestine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Russia (X% per year).

Export Prices by Country

In 2019, the average peach and nectarine export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 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. From 2015 to 2019, the average export prices remained at a lower figure.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced a decline.

Peach And Nectarine Imports

Imports into Israel

In 2022, purchases abroad of peaches and nectarines decreased by X% to X kg, falling for the fourth year in a row after two years of decline. Overall, imports saw a notable expansion. The smallest decline of X% was in 2020. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, peach and nectarine imports totaled $X in 2022. Over the period under review, imports continue to indicate strong growth. The smallest decline of X% was in 2019. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X kg), Palestine (X kg) and Spain (X kg) were the main suppliers of peach and nectarine imports to Israel, with a combined X% share of total imports.

From 2016 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Palestine (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of peaches and nectarines to Israel, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by Palestine, with a X% share.

From 2016 to 2022, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Palestine (X% per year).

Import Prices by Country

The average peach and nectarine import price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a temperate expansion. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%).

Source: IndexBox Platform

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