Israel - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights

Israel: Sunflower Seed Market Overview 2020

Sunflower Seed Market Size in Israel

The revenue of the sunflower seed market in Israel amounted to $X in 2018, surging by X% against the previous year. Overall, the total market indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sunflower seed consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Sunflower seed consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Sunflower Seed Production in Israel

In value terms, sunflower seed production totaled $X in 2018 estimated in export prices. Overall, sunflower seed production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2008 when production volume increased by X% against the previous year. Sunflower seed production peaked at $X in 2009; however, from 2010 to 2018, production failed to regain its momentum.

In 2018, the average sunflower seed yield in Israel stood at X tonne per ha, surging by X% against the previous year. Over the period under review, the sunflower seed yield continues to indicate a strong increase. The most prominent rate of growth was recorded in 2008 when yield increased by X% y-o-y. Sunflower seed yield peaked at X tonne per ha in 2013; however, from 2014 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of sunflower seed in Israel stood at X ha, reducing by -X% against the previous year. In general, the sunflower seed harvested area continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to sunflower seed production reached its maximum at X ha in 2007; however, from 2008 to 2018, harvested area remained at a lower figure.

Sunflower Seed Exports

Exports from Israel

Sunflower seed exports from Israel amounted to X tonnes in 2018, shrinking by -X% against the previous year. Over the period under review, sunflower seed exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, sunflower seed exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, sunflower seed exports totaled $X in 2018. Over the period under review, sunflower seed exports continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, sunflower seed exports reached their maximum at $X in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

Exports by Country

Spain (X tonnes) was the main destination for sunflower seed exports from Israel, with a X% share of total exports. Moreover, sunflower seed exports to Spain exceeded the volume sent to the second major destination, the U.S. (X tonnes), threefold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Spain totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and the Netherlands (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value to Spain totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-X% per year) and the U.S. (-X% per year).

Export Prices by Country

The average sunflower seed export price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 an increase of X% against the previous year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports

Imports into Israel

In 2018, approx. X tonnes of sunflower seed were imported into Israel; going up by X% against the previous year. In general, sunflower seed imports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, sunflower seed imports totaled $X in 2018. Overall, sunflower seed imports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, sunflower seed imports attained their maximum at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tonnes) constituted the largest sunflower seed supplier to Israel, with a X% share of total imports. Moreover, sunflower seed imports from the U.S. exceeded the figures recorded by the second-largest supplier, Bulgaria (X tonnes), tenfold. The third position in this ranking was occupied by Argentina (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the U.S. was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+X% per year) and Argentina (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of sunflower seed to Israel, comprising X% of total sunflower seed imports. The second position in the ranking was occupied by Bulgaria ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2007 to 2018, the average annual growth rate of value from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+X% per year) and Argentina (+X% per year).

Import Prices by Country

The average sunflower seed import price stood at $X per tonne in 2018, shrinking by -X% against the previous year. Overall, the import price indicated a strong increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sunflower seed import price decreased by -X% against 2013 indices. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Bulgaria ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform