Israel: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Israel

After two years of growth, the Israeli market for peel of citrus fruit or melons decreased by -6.6% to $X in 2021. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +59.0% against 2018 indices. Citrus fruit or melons peel consumption peaked at $X in 2020, and then fell in the following year.

Production of Peel Of Citrus Fruit Or Melons in Israel

In value terms, citrus fruit or melons peel production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +54.4% against 2016 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 41%. Over the period under review, production hit record highs at $X in 2020, and then shrank in the following year.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Israel

In 2021, shipments abroad of peel of citrus fruit or melons decreased by -30.8% to X tons, falling for the second year in a row after three years of growth. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 11%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, citrus fruit or melons peel exports declined significantly to $X in 2021. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 42% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for citrus fruit or melons peel exports from Israel, with a 94% share of total exports. Moreover, citrus fruit or melons peel exports to the United States exceeded the volume sent to the second major destination, Palestine (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+18.3% per year) and Canada (+5.3% per year).

In value terms, the United States ($X) remains the key foreign market for peel of citrus fruit or melons exports from Israel, comprising 95% of total exports. The second position in the ranking was held by Palestine ($X), with a 2.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+24.2% per year) and Canada (+4.1% per year).

Export Prices by Country

In 2021, the average export price for peel of citrus fruit or melons amounted to $X per ton, increasing by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2014 an increase of 31%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Palestine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Israel

In 2021, the amount of peel of citrus fruit or melons imported into Israel surged to X tons, increasing by 19% against the previous year's figure. Overall, imports showed notable growth. The most prominent rate of growth was recorded in 2018 with an increase of 99% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, citrus fruit or melons peel imports soared to $X in 2021. Over the period under review, imports recorded a strong expansion. The growth pace was the most rapid in 2018 with an increase of 129%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons), Italy (X tons) and France (X tons) were the main suppliers of citrus fruit or melons peel imports to Israel, together accounting for 91% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +20.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Italy ($X) and France ($X) constituted the largest citrus fruit or melons peel suppliers to Israel, with a combined 91% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +27.5%, recorded 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 2021, the average import price for peel of citrus fruit or melons amounted to $X per ton, growing by 1.7% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, citrus fruit or melons peel import price increased by +26.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 49%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Turkey ($X per ton) and Germany ($X per ton), while the price for Italy ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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