Israel: Confectionery Market 2022

Confectionery Market Size in Israel

The israeli confectionery market rose rapidly to $X in 2021, surging by X% against the previous year. this figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).In general, consumption enjoyed a remarkable increase.Confectionery consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Confectionery Production in Israel

In value terms, confectionery production amounted to $X in 2021 estimated in export price.In general, production showed a resilient expansion.The pace of growth appeared the most rapid in 2013 when the production volume increased by X the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Confectionery Exports

Exports from Israel

In 2021, approx. X tons of confectionery were exported from israel; picking up by X% compared with 2020.Overall, exports posted temperate growth.The growth pace was the most rapid in 2016 when exports increased by X% against the previous year.The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, confectionery exports expanded to $X in 2021.In general, total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, exports decreased by -X% against 2019 indices.The pace of growth appeared the most rapid in 2016 with an increase of X exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The united states (X tons) was the main destination for confectionery exports from Israel, with a X% share of total exports. Moreover, confectionery exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold. Canada (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Canada (+X% per year).

In value terms, the United States ($X) remains the key foreign market for confectionery exports from Israel, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Canada (+X% per year).

Export Prices by Country

The average confectionery export price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

Average prices varied somewhat for the major external markets. In 2021, the highest price was recorded for prices to France ($X per ton) and the UK ($X per ton), while the average price for exports to Germany ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, 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 more modest paces of growth.

Confectionery Imports

Imports into Israel

Confectionery imports into israel rose markedly to X tons in 2021, increasing by X% on 2020.Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, imports increased by +X% against 2012 indices.The most prominent rate of growth was recorded in 2013 with an increase of X the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, confectionery imports rose remarkably to $X in 2021.The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.The pace of growth was the most pronounced in 2013 with an increase of X the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of confectionery imports to Israel, with a combined X% share of total imports. The netherlands, turkey, belgium, cote d'ivoire, singapore, the united states, china, switzerland, france and indonesia lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Cote d'Ivoire (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Spain ($X) appeared to be the largest confectionery suppliers to Israel, with a combined X% share of total imports. The netherlands, belgium, turkey, cote d'ivoire, switzerland, singapore, the united states, china, france and indonesia lagged somewhat behind, together accounting for a further X terms of the main suppliers, Cote d'Ivoire, with a CAGR of +X%, 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

The average confectionery import price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. from 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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