Israel: Market for Dried Or Smoked Fish 2025

Market Size for Dried Or Smoked Fish in Israel

The Israeli dried or smoked fish market skyrocketed to $X in 2021, increasing by 44% 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). Overall, consumption showed strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Dried Or Smoked Fish

Exports from Israel

In 2021, the amount of dried or smoked fish exported from Israel plummeted to X tons, with a decrease of -58.3% compared with 2020 figures. In general, exports, however, continue to indicate a measured expansion. The growth pace was the most rapid in 2014 when exports increased by 1,255%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, dried or smoked fish exports declined dramatically to $X in 2021. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 1,387% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Nigeria (X tons) was the main destination for dried or smoked fish exports from Israel, accounting for a 52% share of total exports. Moreover, dried or smoked fish exports to Nigeria exceeded the volume sent to the second major destination, Palestine (X tons), twofold. The third position in this ranking was held by Germany (X kg), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Nigeria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+3.1% per year) and Germany (-5.7% per year).

In value terms, the Netherlands ($X), Palestine ($X) and the United States ($X) were the largest markets for dried or smoked fish exported from Israel worldwide, with a combined 76% share of total exports.

In terms of the main countries of destination, Palestine, with a CAGR of +3.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dried or smoked fish export price stood at $X per ton in 2021, declining by -2.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2020 an increase of 42% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+445.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Or Smoked Fish

Imports into Israel

In 2021, approx. X tons of dried or smoked fish were imported into Israel; with an increase of 27% against the previous year's figure. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2019 with an increase of 27%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, dried or smoked fish imports soared to $X in 2021. Over the period under review, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of dried or smoked fish to Israel, with a 29% share of total imports. Moreover, dried or smoked fish imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Norway (X tons), fourfold. The third position in this ranking was held by Ukraine (X tons), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+7.1% per year) and Ukraine (+28.6% per year).

In value terms, Germany ($X), Norway ($X) and the Netherlands ($X) constituted the largest dried or smoked fish suppliers to Israel, with a combined 38% share of total imports. Ukraine, Lithuania, the United States, Belarus, the UK, Kazakhstan, Russia, Vietnam, Ireland and South Africa lagged somewhat behind, together comprising a further 29%.

In terms of the main suppliers, the UK, with a CAGR of +63.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dried or smoked fish import price stood at $X per ton in 2021, rising by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2017 an increase of 26%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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