Israel: Cotton Lint Market 2024

Cotton Lint Market Size in Israel

In 2022, the Israeli cotton lint market decreased by -2.4% to $X, falling for the seventh year in a row after two years of growth. In general, consumption saw a deep contraction. Cotton lint consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Cotton Lint Production in Israel

In value terms, cotton lint production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2014 when the production volume increased by 38% against the previous year. Cotton lint production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of cotton lint in Israel contracted sharply to X tons per ha, waning by -51.4% against the previous year. Over the period under review, the yield saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the yield increased by 182% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then shrank significantly in the following year. 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 cotton lint in Israel skyrocketed to X ha, growing by 20% on 2021 figures. Overall, the harvested area, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 53% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2016 to 2022, the growth of the cotton lint harvested area failed to regain momentum.

Cotton Lint Exports

Exports from Israel

In 2022, approx. X tons of cotton lint were exported from Israel; declining by -55.3% against the previous year's figure. Over the period under review, exports showed a perceptible decline. The growth pace was the most rapid in 2021 when exports increased by 361%. As a result, the exports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, cotton lint exports reduced remarkably to $X in 2022. Overall, exports showed a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 438%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), China (X tons) and Turkey (X tons) were the main destinations of cotton lint exports from Israel, with a combined 71% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +28.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Turkey ($X) appeared to be the largest markets for cotton lint exported from Israel worldwide, with a combined 71% share of total exports.

Turkey, with a CAGR of +32.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cotton lint export price stood at $X per ton in 2022, surging by 43% against the previous year. Overall, the export price enjoyed measured growth. The most prominent rate of growth was recorded in 2013 an increase of 55% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($X per ton) and India ($X per ton), while the average price for exports to Thailand ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Lint Imports

Imports into Israel

In 2022, approx. X tons of cotton lint were imported into Israel; with an increase of 4.5% against the year before. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 14,262%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cotton lint imports soared to $X in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 26,100% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) was the main supplier of cotton lint to Israel, accounting for a 91% share of total imports. Moreover, cotton lint imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold. The third position in this ranking was held by India (X tons), with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled +327.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (0.0% per year) and India (+117.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of cotton lint to Israel, comprising 91% of total imports. The second position in the ranking was held by Russia ($X), with a 4.8% share of total imports. It was followed by India, with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +360.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (0.0% per year) and India (+147.5% per year).

Import Prices by Country

In 2022, the average cotton lint import price amounted to $X per ton, jumping by 37% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 82%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($X per ton) and India ($X per ton), while the price for the United States ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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