Israel: Maize Market 2025

Maize Market Size in Israel

The Israeli maize market surged to $X in 2022, jumping by 28% against the previous year. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Maize consumption peaked in 2022 and is likely to continue growth in years to come.

Maize Production in Israel

In value terms, maize production reached $X in 2022 estimated in export price. In general, production, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by 75% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The average yield of maize in Israel shrank slightly to X tons per ha in 2022, falling by -4.2% on 2021 figures. Overall, the yield recorded a pronounced decline. The growth pace was the most rapid in 2017 when the yield increased by 12%. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the average maize yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The maize harvested area in Israel expanded rapidly to X ha in 2022, growing by 9.1% compared with the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the harvested area increased by 46% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2014 to 2022, the growth of the maize harvested area failed to regain momentum.

Maize Exports

Exports from Israel

In 2022, approx. X tons of maize were exported from Israel; falling by -99.9% compared with the previous year. In general, exports saw a significant curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 757%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, maize exports declined markedly to $X in 2022. Overall, exports showed a sharp setback. The pace of growth appeared the most rapid in 2019 when exports increased by 856% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for maize exports from Israel, with a 63% share of total exports. Moreover, maize exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-20.3% per year) and Austria (-100.0% per year).

In value terms, Germany ($X) emerged as the key foreign market for maize exports from Israel, comprising 63% of total exports. The second position in the ranking was taken by the United States ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +30.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-18.0% per year) and Austria (-100.0% per year).

Export Prices by Country

In 2022, the average maize export price amounted to $X per ton, growing by 54% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 177% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 Austria (+53.4%), while the prices for the other major destinations experienced more modest paces of growth.

Maize Imports

Imports into Israel

In 2022, purchases abroad of maize increased by 12% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.6% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of 131% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, maize imports skyrocketed to $X in 2022. Over the period under review, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.9% 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 +86.4% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Ukraine (X tons), Brazil (X tons) and the United States (X tons) were the main suppliers of maize imports to Israel, together comprising 82% of total imports. Romania, Paraguay, Russia, Argentina and the Netherlands lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +51.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Brazil ($X) and the United States ($X) were the largest maize suppliers to Israel, together comprising 82% of total imports.

Brazil, with a CAGR of +44.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average maize import price stood at $X per ton in 2022, growing by 19% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maize import price increased by +86.3% against 2017 indices. The pace of growth appeared the most rapid in 2016 an increase of 73% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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