Israel: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2024

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in Israel

The Israeli meat meals and pellets market expanded notably to $X in 2021, increasing by 5.4% against the previous year. Over the period under review, consumption, however, saw prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in Israel

In value terms, meat meals and pellets production shrank markedly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 173%. Meat meals and pellets production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports from Israel

In 2021, approx. X tons of flours, meals and pellets of meat or meat offal were exported from Israel; with an increase of 2,972% against 2020. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, meat meals and pellets exports soared to $X in 2021. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Vietnam (X tons), Sri Lanka (X tons) and Spain (X tons) were the main destinations of meat meals and pellets exports from Israel, together comprising 97% of total exports.

From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for meat meals and pellets exported from Israel were Vietnam ($X), Sri Lanka ($X) and Spain ($X), with a combined 97% share of total exports.

Vietnam, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, among 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

In 2021, the average meat meals and pellets export price amounted to $X per ton, rising by 27% against the previous year. Over the last one-year period, it increased at an average annual rate of +26.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Vietnam ($X per ton) and Italy ($X per ton), while the average price for exports to Spain ($X per ton) and Sri Lanka ($X per ton) were amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports into Israel

In 2021, approx. X tons of flours, meals and pellets of meat or meat offal were imported into Israel; which is down by -5.7% compared with the previous year's figure. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, meat meals and pellets imports amounted to $X in 2021. In general, imports recorded a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 37%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest meat meals and pellets supplier to Israel, with a 65% share of total imports. Moreover, meat meals and pellets imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by South Africa (X tons), with a 1.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.2% per year) and South Africa (-22.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of flours, meals and pellets of meat or meat offal to Israel, comprising 63% of total imports. The second position in the ranking was taken by Germany ($X), with a 31% share of total imports. It was followed by South Africa, with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.9% per year) and South Africa (-21.5% per year).

Import Prices by Country

The average meat meals and pellets import price stood at $X per ton in 2021, jumping by 18% against the previous year. In general, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, meat meals and pellets import price increased by +4.1% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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