Israel: Market for Preparations Used In Animal Feeding 2024

Market Size for Preparations Used In Animal Feeding in Israel

The Israeli preparations for animal feeding market was estimated at $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, recorded a mild slump. Preparations for animal feeding consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Preparations Used In Animal Feeding in Israel

In value terms, preparations for animal feeding production stood at $X in 2022 estimated in export price. In general, production, however, showed a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. Preparations for animal feeding production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Exports of Preparations Used In Animal Feeding

Exports from Israel

In 2022, after two years of growth, there was decline in overseas shipments of preparations used in animal feeding, when their volume decreased by X% to X tons. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, preparations for animal feeding exports rose remarkably to $X in 2022. In general, exports, however, recorded notable growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Ghana (X tons), Greece (X tons) and Nigeria (X tons) were the main destinations of preparations for animal feeding exports from Israel, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preparations for animal feeding exported from Israel were Ghana ($X), Greece ($X) and Nigeria ($X), with a combined X% share of total exports.

Among the main countries of destination, Greece, with a CAGR of X%, 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

The average preparations for animal feeding export price stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and Nigeria ($X per ton), while the average price for exports to France ($X per ton) and Ghana ($X per ton) were amongst the lowest.

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

Imports of Preparations Used In Animal Feeding

Imports into Israel

After three years of growth, supplies from abroad of preparations used in animal feeding decreased by X% to X tons in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its volume 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, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2021, and then shrank modestly in the following year.

In value terms, preparations for animal feeding imports expanded sharply to $X in 2022. Overall, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

The United States (X tons), Italy (X tons) and France (X tons) were the main suppliers of preparations for animal feeding imports to Israel, with a combined X% share of total imports. Spain, Germany, China, the Netherlands, Canada, Indonesia, Turkey, the Czech Republic, Thailand and Singapore lagged somewhat behind, together accounting for 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, Italy ($X), the United States ($X) and France ($X) were the largest preparations for animal feeding suppliers to Israel, together comprising X% of total imports. Spain, Germany, China, the Netherlands, Canada, Turkey, the Czech Republic, Thailand, Indonesia and Singapore lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, saw 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

The average preparations for animal feeding import price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Singapore ($X per ton) and Thailand ($X per ton), while the price for Indonesia ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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