Israel: Coconut Market 2025

Coconut Market Size in Israel

The Israeli coconut market shrank to $X in 2022, declining by -15% 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). Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Coconut Exports

Exports from Israel

In 2022, approx. X kg of coconuts were exported from Israel; declining by -99.3% against the year before. Overall, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 202%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, coconut exports declined dramatically to $X in 2022. In general, exports showed a sharp setback. The pace of growth was the most pronounced in 2016 with an increase of 224% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for coconut exports from Israel, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -18.6%.

In value terms, the United States ($X) emerged as the key foreign market for coconuts exports from Israel.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -14.4%.

Export Prices by Country

The average coconut export price stood at $X per ton in 2022, growing by 37% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut export price increased by +71.8% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.1% per year.

Coconut Imports

Imports into Israel

In 2022, approx. X tons of coconuts were imported into Israel; with a decrease of -27.4% compared with the year before. Overall, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2016 with an increase of 35%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, coconut imports reduced remarkably to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

Sri Lanka (X tons), Thailand (X tons) and the Philippines (X tons) were the main suppliers of coconut imports to Israel, with a combined 73% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +10.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X), Sri Lanka ($X) and the Philippines ($X) appeared to be the largest coconut suppliers to Israel, together accounting for 72% of total imports.

Among the main suppliers, Thailand, with a CAGR of +17.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average coconut import price stood at $X per ton in 2022, surging by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :