Israel: Non-Wheat Cereal Pellets Market 2024

Non-Wheat Cereal Pellets Market Size in Israel

In 2021, the Israeli non-wheat cereal pellets market decreased by -3.4% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, consumption, however, continues to indicate buoyant growth. Non-wheat cereal pellets consumption peaked at $X in 2020, and then declined in the following year.

Non-Wheat Cereal Pellets Production in Israel

In value terms, non-wheat cereal pellets production fell to $X in 2021 estimated in export price. Overall, production, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 52% against the previous year. Non-wheat cereal pellets production peaked at $X in 2020, and then dropped in the following year.

Non-Wheat Cereal Pellets Exports

Exports from Israel

In 2021, shipments abroad of cereal pellets (excluding wheat) increased by 21% to X tons, rising for the second consecutive year after three years of decline. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 772% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, non-wheat cereal pellets exports soared to $X in 2021. Overall, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 202% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) and Italy (X kg) were the main destinations of non-wheat cereal pellets exports from Israel.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +10.0%).

In value terms, Italy ($X) emerged as the key foreign market for cereal pellets (excluding wheat) exports from Israel, comprising 58% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

The average non-wheat cereal pellets export price stood at $X per ton in 2021, jumping by 24% against the previous year. Over the period under review, the export price, however, saw a mild setback. The most prominent rate of growth was recorded in 2016 an increase of 182%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+74.6%).

Non-Wheat Cereal Pellets Imports

Imports into Israel

In 2021, approx. X tons of cereal pellets (excluding wheat) were imported into Israel; waning by -29% against the previous year's figure. Overall, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2014 when imports increased by 353% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, non-wheat cereal pellets imports contracted significantly to $X in 2021. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of 151% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of non-wheat cereal pellets to Israel, accounting for a 78% share of total imports. Moreover, non-wheat cereal pellets imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X kg), more than tenfold. The third position in this ranking was held by the United States (X kg), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+65.8% per year) and the United States (-6.3% per year).

In value terms, Italy ($X) constituted the largest supplier of cereal pellets (excluding wheat) to Israel, comprising 41% of total imports. The second position in the ranking was taken by Belgium ($X), with an 18% share of total imports. It was followed by the UK, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-19.6% per year) and the UK (-83.2% per year).

Import Prices by Country

In 2021, the average non-wheat cereal pellets import price amounted to $X per ton, approximately equating the previous year. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1,603.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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