Israel: Olive Market 2025

Olive Market Size in Israel

The Israeli olive market reduced to $X in 2022, approximately mirroring the previous year. In general, consumption recorded a tangible increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Olive Production in Israel

In value terms, olive production declined to $X in 2022 estimated in export price. Overall, production enjoyed strong growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 117% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

The average yield of olives in Israel dropped slightly to X tons per ha in 2022, stabilizing at 2021 figures. In general, the yield indicated measured growth from 2012 to 2022: its figure increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, olive yield decreased by -23.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the yield increased by 98%. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average olive 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.

In 2022, the total area harvested in terms of olives production in Israel expanded sharply to X ha, growing by 9.6% compared with the year before. In general, the harvested area, however, showed a relatively flat trend pattern. The olive harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Olive Exports

Exports from Israel

After two years of growth, shipments abroad of olives decreased by -11.2% to X tons in 2022. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 442% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, olive exports fell to $X in 2022. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 381% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Palestine (X tons) was the main destination for olive exports from Israel, accounting for a 88% share of total exports. Moreover, olive exports to Palestine exceeded the volume sent to the second major destination, Iceland (X kg), more than tenfold. Austria (X kg) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Palestine totaled -18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (-14.6% per year) and Austria (+48.7% per year).

In value terms, Palestine ($X) remains the key foreign market for olives exports from Israel, comprising 87% of total exports. The second position in the ranking was held by Iceland ($X), with a 4.7% share of total exports. It was followed by Austria, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Palestine totaled -14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (-5.7% per year) and Austria (+54.8% per year).

Export Prices by Country

In 2022, the average olive export price amounted to $X per ton, surging by 1.9% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, olive export price decreased by -36.7% against 2015 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 77% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and Austria ($X per ton), while the average price for exports to Iceland ($X per ton) and Palestine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Olive Imports

Imports into Israel

Olive imports into Israel fell markedly to X tons in 2022, which is down by -45.1% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 163%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, olive imports declined sharply to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 228%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Jordan (X tons) was the main olive supplier to Israel, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Jordan was relatively modest.

In value terms, Jordan ($X) constituted the largest supplier of olives to Israel.

From 2012 to 2022, the average annual rate of growth in terms of value from Jordan stood at +12.3%.

Import Prices by Country

The average olive import price stood at $X per ton in 2022, growing by 5.9% against the previous year. Over the period under review, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 70% 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 immediate term.

As there is only one major supplying country, the average price level is determined by prices for Jordan.

From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to +11.7% per year.

Source: IndexBox Platform

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