Israel: Sugar Market Overview 2021

Sugar Market Size in Israel

For the sixth consecutive year, the Israeli sugar market recorded decline in sales value, which decreased by -X% to $X in 2019. Overall, consumption, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.

Sugar Exports

Exports from Israel

For the fifth consecutive year, Israel recorded decline in overseas shipments of sugar, which decreased by -X% to X tonnes in 2019. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, sugar exports dropped modestly to $X in 2019. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

Ukraine (X tonnes), the U.S. (X tonnes) and France (X tonnes) were the main destinations of sugar exports from Israel, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in the U.S., while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), the U.S. ($X) and France ($X) were the largest markets for sugar exported from Israel worldwide, together accounting for X% of total exports.

Among the main countries of destination, the U.S. 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 sugar export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. Over the period under review, average export prices reached the peak figure at $X per tonne in 2010; however, from 2011 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Singapore ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine, while the prices for the other major destinations experienced mixed trend patterns.

Sugar Imports

Imports into Israel

Sugar imports into Israel contracted rapidly to X tonnes in 2019, with a decrease of -X% against 2018. Overall, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

In value terms, sugar imports contracted significantly to $X in 2019. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the UK (X tonnes) constituted the largest supplier of sugar to Israel, accounting for a X% share of total imports. Moreover, sugar imports from the UK exceeded the figures recorded by the second-largest supplier, Poland (X tonnes), fourfold. Austria (X tonnes) ranked third in terms of total imports with a X% share.

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

In value terms, the UK ($X) constituted the largest supplier of sugar to Israel, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

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

Import Prices by Country

In 2019, the average sugar import price amounted to $X per tonne, almost unchanged from the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Austria ($X per tonne) and Belgium ($X per tonne), while the price for the UK ($X per tonne) and France ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar in the world?

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The countries with the highest volumes of sugar consumption in 2019 were India (35M tonnes), China (24M tonnes) and Brazil (20M tonnes), with a combined 39% share of global consumption. Thailand, the U.S., Russia, Mexico, Indonesia, France, Pakistan, Germany and Egypt lagged somewhat behind, together comprising a further 30%.

What are the largest producers of sugar in the world?

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The countries with the highest volumes of sugar production in 2019 were India (35M tonnes), Brazil (28M tonnes) and China (22M tonnes), with a combined 43% share of global production. These countries were followed by Thailand, the U.S., Mexico, Russia, France, Pakistan, Australia, Germany and Guatemala, which together accounted for a further 32%.

What are the leading suppliers of sugar to Israel?

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In value terms, the UK ($21M) constituted the largest supplier of sugar to Israel, comprising 63% of total imports. The second position in the ranking was occupied by Poland ($6.8M), with a 20% share of total imports. It was followed by Austria, with a 6.5% share.

What are the leading importers of sugar from Israel?

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In value terms, the largest markets for sugar exported from Israel were Ukraine ($4.8K), the U.S. ($3K) and France ($2.2K), with a combined 85% share of total exports.

What is the average export price for sugar in Israel?

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The average sugar export price stood at $1,150 per tonne in 2019, picking up by 42% against the previous year.

What is the average import price for sugar in Israel?

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In 2019, the average sugar import price amounted to $490 per tonne, approximately mirroring the previous year.