Israel: Dry Peas Market 2024

Dry Peas Market Size in Israel

The Israeli dry peas market reduced sharply to $X in 2021, waning by -33.1% against the previous year. In general, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020, and then shrank remarkably in the following year.

Dry Peas Production in Israel

In value terms, dry peas production reached $X in 2021 estimated in export price. In general, production, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 247% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

The average yield of peas (dry) in Israel stood at X kg per ha in 2021, remaining stable against 2020. The yield figure increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 45% against the previous year. As a result, the yield attained the peak level of X kg per ha. From 2014 to 2021, the growth of the average dry peas yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The dry peas harvested area in Israel reduced slightly to X ha in 2021, waning by -4.4% on 2020 figures. Overall, the harvested area, however, saw a prominent increase. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 82%. The dry peas harvested area peaked at X ha in 2020, and then shrank slightly in the following year.

Dry Peas Exports

Exports from Israel

In 2021, overseas shipments of peas (dry) increased by 32% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports, however, faced a deep contraction. The pace of growth was the most pronounced in 2015 when exports increased by 930%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, dry peas exports soared to $X in 2021. In general, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of 465% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Palestine (X tons) and the United States (X tons) were the main destinations of dry peas exports from Israel.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +28.7%).

In value terms, the largest markets for dry peas exported from Israel were Palestine ($X) and the United States ($X).

Among the main countries of destination, the United States, with a CAGR of +19.0%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, with an increase of 20% against the previous year. Overall, the export price recorded a mild expansion. The pace of growth was the most pronounced in 2014 an increase of 125%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Palestine stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (-1.1%).

Dry Peas Imports

Imports into Israel

In 2021, approx. X tons of peas (dry) were imported into Israel; which is down by -37.7% against 2020. In general, total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 45%. Imports peaked at X tons in 2020, and then fell significantly in the following year.

In value terms, dry peas imports fell notably to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 63%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Canada (X tons), the United States (X tons) and Ukraine (X tons) were the main suppliers of dry peas imports to Israel, with a combined 72% share of total imports.

From 2012 to 2021, the biggest increases were in Ukraine (with a CAGR of +41.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United States ($X) and Ukraine ($X) were the largest dry peas suppliers to Israel, together comprising 72% of total imports.

Among the main suppliers, Ukraine, with a CAGR of +39.7%, recorded 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

The average dry peas import price stood at $X per ton in 2021, picking up by 3.1% against the previous year. Overall, the import price, however, showed a slight reduction. The growth pace was the most rapid in 2020 when the average import price increased by 17%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Russia ($X per ton) and Ukraine ($X per ton), while the price for the UK ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :