Israel: Market for Frozen Vegetables other than Potato and Corn 2024

Market Size for Frozen Vegetables other than Potato and Corn in Israel

The Israeli market for frozen vegetables other than potato and corn soared to $X in 2022, growing by 35% against the previous year. Overall, consumption recorded measured growth. Consumption of peaked in 2022 and is likely to continue growth in years to come.

Production of Frozen Vegetables other than Potato and Corn in Israel

In value terms, production of frozen vegetables other than potato and corn contracted modestly to $X in 2022 estimated in export price. In general, production recorded a pronounced setback. The growth pace was the most rapid in 2013 with an increase of 83% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Frozen Vegetables other than Potato and Corn

Exports from Israel

Exports of frozen vegetables other than potato and corn from Israel shrank to X tons in 2022, which is down by -11% compared with 2021. Overall, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by 511% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of frozen vegetables other than potato and corn shrank to $X in 2022. Over the period under review, exports, however, recorded strong growth. The growth pace was the most rapid in 2016 with an increase of 304%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of frozen vegetables other than potato and corn from Israel, accounting for a 87% share of total exports. Moreover, exports of frozen vegetables other than potato and corn to the United States exceeded the volume sent to the second major destination, Canada (X tons), ninefold. The third position in this ranking was taken by Belgium (X tons), with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-1.8% per year) and Belgium (+5.6% per year).

In value terms, the United States ($X) remains the key foreign market for frozen vegetables other than potato and corn exports from Israel, comprising 80% of total exports. The second position in the ranking was taken by Canada ($X), with a 17% share of total exports. It was followed by Belgium, with a 1.7% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+3.1% per year) and Belgium (+0.4% per year).

Export Prices by Country

In 2022, the average export price for frozen vegetables other than potato and corn amounted to $X per ton, leveling off at the previous year. Overall, the export price, however, recorded a mild decline. The growth pace was the most rapid in 2013 when the average export price increased by 58%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Belgium ($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 Slovenia (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Vegetables other than Potato and Corn

Imports into Israel

In 2022, approx. X tons of frozen vegetables other than potato and corn were imported into Israel; jumping by 26% compared with the year before. Overall, imports posted buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of 45% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of frozen vegetables other than potato and corn surged to $X in 2022. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 35%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Belgium (X tons) constituted the largest frozen vegetables other than potato and corn supplier to Israel, accounting for a 58% share of total imports. Moreover, imports of frozen vegetables other than potato and corn from Belgium exceeded the figures recorded by the second-largest supplier, Egypt (X tons), threefold. The third position in this ranking was held by the UK (X tons), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+6.3% per year) and the UK (+6.2% per year).

In value terms, Belgium ($X) constituted the largest supplier of frozen vegetables other than potato and corn to Israel, comprising 55% of total imports. The second position in the ranking was taken by Egypt ($X), with a 21% share of total imports. It was followed by the Netherlands, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+8.1% per year) and the Netherlands (+27.8% per year).

Import Prices by Country

The average import price for frozen vegetables other than potato and corn stood at $X per ton in 2022, with an increase of 3.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 13% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the UK ($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 (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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