Israel: Green Peas Market 2024

Green Peas Market Size in Israel

In 2022, the Israeli green peas market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a perceptible slump. Green peas consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Green Peas Production in Israel

In value terms, green peas production fell to $X in 2022 estimated in export price. In general, production recorded a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 83% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

In 2022, the average green peas yield in Israel dropped sharply to X kg per ha, reducing by -97.7% against 2021. In general, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 5,742% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then fell remarkably in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of peas (green) in Israel soared to X ha, increasing by 8,755% compared with the previous year. Over the period under review, the harvested area, however, continues to indicate a pronounced setback. The green peas harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Green Peas Exports

Exports from Israel

In 2022, the amount of peas (green) exported from Israel declined to X tons, shrinking by -9.6% against 2021. In general, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 4,319% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, green peas exports reduced sharply to $X in 2022. Over the period under review, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2014 when exports increased by 2,940% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Palestine (X tons) was the main destination for green peas exports from Israel, accounting for a 81% share of total exports. Moreover, green peas exports to Palestine exceeded the volume sent to the second major destination, Ireland (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Palestine totaled +31.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+11.6% per year) and the Czech Republic (+33.9% per year).

In value terms, Palestine ($X) remains the key foreign market for peas (green) exports from Israel, comprising 77% of total exports. The second position in the ranking was taken by Ireland ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Palestine totaled +39.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+24.7% per year) and the Czech Republic (+38.5% per year).

Export Prices by Country

In 2022, the average green peas export price amounted to $X per ton, with a decrease of -7.2% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green peas export price increased by +21.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 24%. The export price peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Palestine ($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 Ireland (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Israel

In 2022, overseas purchases of peas (green) were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, saw a abrupt descent. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, green peas imports surged to $X in 2022. Overall, imports, however, showed a abrupt contraction. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Canada (X tons) was the main green peas 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 Canada amounted to -11.5%.

In value terms, Canada ($X) constituted the largest supplier of peas (green) to Israel.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada amounted to -3.9%.

Import Prices by Country

In 2022, the average green peas import price amounted to $X per ton, shrinking by -15.2% against the previous year. In general, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 81% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then dropped remarkably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +16.4% per year.

Source: IndexBox Platform

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