Israel: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Israel

The Israeli market for frozen, dried and smoked fish skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Frozen, Dried And Smoked Fish in Israel

In value terms, frozen, dried and smoked fish production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Frozen, dried and smoked fish production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Frozen, Dried And Smoked Fish

Exports from Israel

In 2022, overseas shipments of frozen, dried and smoked fish decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then dropped notably in the following year.

In value terms, frozen, dried and smoked fish exports contracted notably to $X in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell markedly in the following year.

Exports by Country

China (X tons), Norway (X tons) and Argentina (X tons) were the main destinations of frozen, dried and smoked fish exports from Israel, with a combined X% share of total exports.

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

In value terms, the largest markets for frozen, dried and smoked fish exported from Israel were Norway ($X), China ($X) and Russia ($X), with a combined X% share of total exports. Argentina, Vietnam, Sweden and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to 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 export price for frozen, dried and smoked fish stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price saw perceptible growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

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

Imports of Frozen, Dried And Smoked Fish

Imports into Israel

In 2022, frozen, dried and smoked fish imports into Israel skyrocketed to X tons, surging by X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, frozen, dried and smoked fish imports surged to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Norway (X tons) and Vietnam (X tons) were the main suppliers of frozen, dried and smoked fish imports to Israel, with a combined X% share of total imports. Hong Kong SAR, Chile, Denmark, Argentina, Uganda, the Netherlands, Tanzania and Kenya lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen, dried and smoked fish suppliers to Israel were Norway ($X), China ($X) and Chile ($X), with a combined X% share of total imports. Vietnam, Denmark, Hong Kong SAR, the Netherlands, Uganda, Argentina, Tanzania and Kenya lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Denmark, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average import price for frozen, dried and smoked fish amounted to $X per ton, surging by X% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen, dried and smoked fish import price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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