Israel: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Israel

The Israeli pineapple juice (single strength) market soared to $X in 2021, increasing by 240% against the previous year. Over the period under review, consumption enjoyed slight growth. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Pineapple Juice (Single Strength) in Israel

In value terms, pineapple juice (single strength) production rose markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.1% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 35%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Israel

In 2021, approx. X tons of pineapple juice (single strength) were exported from Israel; which is down by -31.3% on the year before. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2020 when exports increased by 391% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, pineapple juice (single strength) exports reduced to $X in 2021. Overall, exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 483%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for pineapple juice (single strength) exports from Israel, with a 83% share of total exports. Moreover, pineapple juice (single strength) exports to Germany exceeded the volume sent to the second major destination, the Philippines (X tons), more than tenfold. Spain (X kg) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-6.8% per year) and Spain (+3.6% per year).

In value terms, Spain ($X) remains the key foreign market for pineapple juice (single strength) exports from Israel, comprising 60% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 21% share of total exports. It was followed by Latvia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain amounted to +40.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-4.8% per year) and Latvia (+25.6% per year).

Export Prices by Country

The average pineapple juice (single strength) export price stood at $X per ton in 2021, with an increase of 29% against the previous year. Overall, the export price recorded a prominent expansion. The growth pace was the most rapid in 2015 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Germany ($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 Spain (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into Israel

In 2021, imports of pineapple juice (single strength) into Israel soared to X tons, with an increase of 200% against the previous year. Overall, imports recorded pronounced growth. The growth pace was the most rapid in 2015 when imports increased by 242%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, pineapple juice (single strength) imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 312% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Philippines (X tons), Mexico (X tons) and France (X tons) were the main suppliers of pineapple juice (single strength) imports to Israel, with a combined 62% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +23.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pineapple juice (single strength) suppliers to Israel were the Philippines ($X), Mexico ($X) and France ($X), together accounting for 61% of total imports. These countries were followed by Hungary, Vietnam, Thailand, Slovenia, the Netherlands and Portugal, which together accounted for a further 18%.

In terms of the main suppliers, Slovenia, with a CAGR of +27.3%, 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 pineapple juice (single strength) import price amounted to $X per ton, growing by 12% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2015 an increase of 21%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :