Israel: Organ Extracts Market 2024

Organ Extracts Market Size in Israel

The Israeli organ extracts market skyrocketed to $X in 2021, jumping by 22% against the previous year. Overall, consumption showed a significant expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the near future.

Organ Extracts Production in Israel

In value terms, organ extracts production reduced slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 8.1% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then declined modestly in the following year.

Organ Extracts Exports

Exports from Israel

Organ extracts exports from Israel surged to X tons in 2021, with an increase of 305% compared with 2020 figures. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 15,471%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, organ extracts exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2016 with an increase of 716%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X kg), Canada (X kg) and Japan (X kg) were the main destinations of organ extracts exports from Israel, with a combined 26% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +59.7%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Germany ($X) constituted the largest markets for organ extracts exported from Israel worldwide, with a combined 29% share of total exports. These countries were followed by the UK, Austria, Canada, France, Belgium and Hungary, which together accounted for a further 18%.

In terms of the main countries of destination, Austria, with a CAGR of +44.8%, 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 organ extracts export price stood at $X per ton in 2021, growing by 30% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 192%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($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 Germany (+84.9%), while the prices for the other major destinations experienced more modest paces of growth.

Organ Extracts Imports

Imports into Israel

In 2021, the amount of extracts of glands or other organs or of their secretions imported into Israel skyrocketed to X tons, jumping by 30% compared with 2020. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 270%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, organ extracts imports soared to $X in 2021. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 243% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

The UK (X tons), Denmark (X tons) and Australia (X kg) were the main suppliers of organ extracts imports to Israel, together accounting for 62% of total imports. The United States, France and Germany lagged somewhat behind, together accounting for a further 9.1%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +86.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Israel, comprising 56% of total imports. The second position in the ranking was taken by the United States ($X), with a 27% share of total imports. It was followed by Australia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Denmark totaled +54.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.1% per year) and Australia (+66.2% per year).

Import Prices by Country

In 2021, the average organ extracts import price amounted to $X per ton, rising by 8.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2013 an increase of 17% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+41.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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