Israel: Pasta Products Market 2024

Pasta Products Market Size in Israel

The Israeli pasta products market stood at $X in 2022, increasing by 6.8% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.5% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Pasta Products Production in Israel

In value terms, pasta products production reached $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 61% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Pasta Products Exports

Exports from Israel

After four years of decline, overseas shipments of dried, undried and frozen pasta and pasta products increased by 6.6% to X tons in 2022. Over the period under review, exports, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2013 when exports increased by 65%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pasta products exports fell slightly to $X in 2022. In general, exports, however, recorded a sharp curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 66%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for pasta products exports from Israel, with a 54% share of total exports. Moreover, pasta products exports to the United States exceeded the volume sent to the second major destination, Australia (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -27.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-16.3% per year) and the UK (-16.0% per year).

In value terms, the United States ($X) remains the key foreign market for dried, undried and frozen pasta and pasta products exports from Israel, comprising 54% of total exports. The second position in the ranking was taken by Australia ($X), with a 22% share of total exports. It was followed by the UK, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-14.9% per year) and the UK (-14.6% per year).

Export Prices by Country

The average pasta products export price stood at $X per ton in 2022, declining by -9.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2014 an increase of 54%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then fell in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($X per ton) and the United States ($X per ton), while the average price for exports to France ($X per ton) and the UK ($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 Canada (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta Products Imports

Imports into Israel

Pasta products imports into Israel declined modestly to X tons in 2022, remaining relatively unchanged against the previous year's figure. Over the period under review, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 21%. Over the period under review, imports reached the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, pasta products imports expanded markedly to $X in 2022. Overall, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 31%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Thailand (X tons) constituted the largest pasta products supplier to Israel, with a 50% share of total imports. Moreover, pasta products imports from Thailand exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. Turkey (X tons) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand amounted to +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.1% per year) and Turkey (+35.2% per year).

In value terms, Thailand ($X) constituted the largest supplier of dried, undried and frozen pasta and pasta products to Israel, comprising 50% of total imports. The second position in the ranking was held by Italy ($X), with a 9.9% share of total imports. It was followed by Turkey, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value from Thailand amounted to +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.6% per year) and Turkey (+45.6% per year).

Import Prices by Country

In 2022, the average pasta products import price amounted to $X per ton, surging by 10% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Ukraine ($X per ton) and the United States ($X per ton), while the price for Singapore ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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