Israel: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Israel

The Israeli orange juice (single strength) market contracted to $X in 2022, reducing by -6.3% against the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.0% 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 +8.5% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Orange Juice (Single Strength) in Israel

In value terms, orange juice (single strength) production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 28% against the previous year. Orange juice (single strength) production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Orange Juice (Single Strength)

Exports from Israel

Orange juice (single strength) exports from Israel skyrocketed to X tons in 2022, jumping by 47% on the previous year. Over the period under review, exports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of 121%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, orange juice (single strength) exports skyrocketed to $X in 2022. Overall, exports, however, recorded a mild setback. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for orange juice (single strength) exports from Israel, accounting for a 55% share of total exports. Moreover, orange juice (single strength) exports to Russia exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was taken by the United States (X tons), with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.9% per year) and the United States (+55.8% per year).

In value terms, Russia ($X) remains the key foreign market for orange juice (single strength) exports from Israel, comprising 53% of total exports. The second position in the ranking was taken by France ($X), with a 14% share of total exports. It was followed by the United States, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.3% per year) and the United States (+62.0% per year).

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2022, surging by 20% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orange juice (single strength) export price increased by +25.0% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 27% 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 foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Uzbekistan ($X per ton) and Italy ($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 Belgium (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports into Israel

In 2022, imports of orange juice (single strength) into Israel rose slightly to X tons, increasing by 2.4% on the previous year. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 4,723% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, orange juice (single strength) imports fell modestly to $X in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 3,922% against the previous year. Imports peaked at $X in 2021, and then contracted slightly in the following year.

Imports by Country

Spain (X tons), Costa Rica (X tons) and Brazil (X tons) were the main suppliers of orange juice (single strength) imports to Israel, with a combined 65% share of total imports. Turkey, Cyprus, Hungary, France, Mexico, Italy and the United States lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +113.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest orange juice (single strength) suppliers to Israel were Spain ($X), Costa Rica ($X) and Brazil ($X), together accounting for 65% of total imports. Turkey, Cyprus, Hungary, France, Mexico, Italy and the United States lagged somewhat behind, together accounting for a further 30%.

In terms of the main suppliers, France, with a CAGR of +109.1%, saw the highest growth rate of 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 orange juice (single strength) import price amounted to $X per ton, waning by -2.4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 29% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Cyprus ($X per ton) and the United States ($X per ton), while the price for Italy ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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