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Israel - Refined Olive Oil - Market Analysis, Forecast, Size, Trends And Insights
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Israel: Refined Olive Oil Market Overview 2021

Refined Olive Oil Market Size in Israel

In 2019, the Israeli refined olive oil market decreased by -X% to $X, falling for the second year in a row after two years of growth. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2010; however, from 2011 to 2019, consumption remained at a lower figure.

Refined Olive Oil Production in Israel

In value terms, refined olive oil production fell notably to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2010; however, from 2011 to 2019, production failed to regain the momentum.

Refined Olive Oil Exports

Exports from Israel

In 2019, approx. X tonnes of refined olive oil were exported from Israel; picking up by X% on 2018 figures. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure in 2019 and are expected to retain growth in years to come.

In value terms, refined olive oil exports reduced to $X in 2019. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2018, and then declined in the following year.

Exports by Country

The U.S. (X tonnes) was the main destination for refined olive oil exports from Israel, accounting for a X% share of total exports. Moreover, refined olive oil exports to the U.S. exceeded the volume sent to the second major destination, Canada (X tonnes), eightfold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the UK (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for refined olive oil exports from Israel, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2007 to 2019, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the UK (+X% per year).

Export Prices by Country

In 2019, the average refined olive oil export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2019, export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2019, the countries with the highest prices were the U.S. ($X per tonne) and Germany ($X per tonne), while the average price for exports to Singapore ($X per tonne) and Canada ($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 the UK, while the prices for the other major destinations experienced a decline.

Refined Olive Oil Imports

Imports into Israel

Refined olive oil imports into Israel shrank to X tonnes in 2019, waning by -X% compared with 2018. In general, imports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

In value terms, refined olive oil imports reduced sharply to $X in 2019. Over the period under review, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Imports peaked at $X in 2018, and then contracted sharply in the following year.

Imports by Country

Spain (X tonnes), Turkey (X tonnes) and Germany (X tonnes) were the main suppliers of refined olive oil imports to Israel, together accounting for X% of total imports. These countries were followed by Italy and Finland, which together accounted for a further X 2007 to 2019, the biggest increases were in Finland, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Turkey ($X) and Germany ($X) appeared to be the largest refined olive oil suppliers to Israel, with a combined X% share of total imports. These countries were followed by Italy and Finland, which together accounted for a further X the main suppliers, Finland saw the highest growth rate of 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

In 2019, the average refined olive oil import price amounted to $X per tonne, dropping by -X% against the previous year. In general, the import price recorded a pronounced decrease. The growth pace was the most rapid in 2017 an increase of X% y-o-y. The import price peaked at $X per tonne in 2018, and then reduced notably in the following year.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined olive oil in the world?
+
The countries with the highest volumes of refined olive oil consumption in 2019 were China (672K tonnes), the U.S. (356K tonnes) and India (263K tonnes), together comprising 28% of global consumption. These countries were followed by Spain, Japan, Indonesia, Germany, Russia, Brazil, Pakistan, Bangladesh, France and Italy, which together accounted for a further 28%.
What are the largest producers of refined olive oil in the world?
+
The countries with the highest volumes of refined olive oil production in 2019 were China (664K tonnes), Spain (417K tonnes) and the U.S. (277K tonnes), with a combined 30% share of global production. These countries were followed by India, Japan, Indonesia, Germany, Russia, Pakistan, Brazil, Italy, Bangladesh and France, which together accounted for a further 29%.
What are the leading suppliers of refined olive oil to Israel?
+
In value terms, the largest refined olive oil suppliers to Israel were Spain ($914K), Turkey ($531K) and Germany ($87K), with a combined 96% share of total imports. These countries were followed by Italy and Finland, which together accounted for a further 3.6%.
What are the leading importers of refined olive oil from Israel?
+
In value terms, the U.S. ($944K) remains the key foreign market for refined olive oil exports from Israel, comprising 69% of total exports. The second position in the ranking was occupied by Canada ($119K), with a 8.7% share of total exports. It was followed by the UK, with a 8% share.
What is the average export price for refined olive oil in Israel?
+
The average refined olive oil export price stood at $3,361 per tonne in 2019, shrinking by -30.3% against the previous year.
What is the average import price for refined olive oil in Israel?
+
In 2019, the average refined olive oil import price amounted to $3,398 per tonne, reducing by -25.4% against the previous year.

Product coverage:
• Prodcom 10415310 - Refined olive oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined 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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