Israel: Banana And Plantain Market 2025

Banana And Plantain Market Size in Israel

The Israeli banana and plantain market amounted to $X in 2022, with an increase of 4% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Banana and plantain consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Banana And Plantain Production in Israel

In value terms, banana and plantain production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 19% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of bananas and plantains in Israel reached X tons per ha in 2022, approximately reflecting the previous year's figure. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 13% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2022, the growth of the average banana and plantain yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of bananas and plantains in Israel was estimated at X ha, surging by 1.7% on the year before. The harvested area increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 6.5%. Over the period under review, the harvested area dedicated to banana and plantain production reached the peak figure at X ha in 2020; afterwards, it flattened through to 2022.

Banana And Plantain Exports

Exports from Israel

In 2022, after two years of growth, there was significant decline in shipments abroad of bananas and plantains, when their volume decreased by -8.4% to X tons. Overall, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +11.9% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 86%. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, banana and plantain exports expanded remarkably to $X in 2022. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by 68%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The UK (X tons) was the main destination for banana and plantain exports from Israel, with a 64% share of total exports. Moreover, banana and plantain exports to the UK exceeded the volume sent to the second major destination, Luxembourg (X tons), threefold. Singapore (X tons) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (0.0% per year) and Singapore (0.0% per year).

In value terms, the UK ($X) emerged as the key foreign market for bananas and plantains exports from Israel, comprising 68% of total exports. The second position in the ranking was held by Singapore ($X), with a 13% share of total exports. It was followed by Luxembourg, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (0.0% per year) and Luxembourg (0.0% per year).

Export Prices by Country

The average banana and plantain export price stood at $X per ton in 2022, growing by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+0.0%).

Banana And Plantain Imports

Imports into Israel

For the third year in a row, Israel recorded growth in supplies from abroad of bananas and plantains, which increased by 20% to X tons in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2018 with an increase of 293%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, banana and plantain imports soared to $X in 2022. Overall, imports recorded a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 192% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Thailand (X tons) constituted the largest banana and plantain supplier to Israel, accounting for a 65% share of total imports. Moreover, banana and plantain imports from Thailand exceeded the figures recorded by the second-largest supplier, Ghana (X tons), sixfold. The third position in this ranking was taken by China (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand totaled +29.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ghana (+121.4% per year) and China (+49.5% per year).

In value terms, Thailand ($X) constituted the largest supplier of bananas and plantains to Israel, comprising 66% of total imports. The second position in the ranking was taken by Ghana ($X), with an 11% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Thailand totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ghana (+35.1% per year) and China (+6.7% per year).

Import Prices by Country

The average banana and plantain import price stood at $X per ton in 2022, increasing by 4% against the previous year. Overall, the import price, however, faced a deep contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 39%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-14.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :