Israel: Potato Chips Market 2024

Potato Chips Market Size in Israel

The Israeli potato chips market stood at $X in 2022, rising by 1.8% against the previous year. Over the period under review, consumption continues to indicate resilient growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Potato Chips Production in Israel

In value terms, potato chips production rose notably to $X in 2022 estimated in export price. Overall, production recorded a strong expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 74%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Potato Chips Exports

Exports from Israel

In 2022, approx. X tons of potato chips were exported from Israel; rising by 243% on 2021 figures. In general, exports showed a significant increase. The growth pace was the most rapid in 2015 when exports increased by 2,065% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, potato chips exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 3,650% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The United States (X tons) was the main destination for potato chips exports from Israel, with a 96% share of total exports. Moreover, potato chips exports to the United States exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +40.3%.

In value terms, the United States ($X) remains the key foreign market for potato chips exports from Israel, comprising 96% of total exports. The second position in the ranking was taken by France ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +32.3%.

Export Prices by Country

The average potato chips export price stood at $X per ton in 2022, with an increase of 1.5% against the previous year. Overall, the export price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2015 an increase of 73%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-3.1%).

Potato Chips Imports

Imports into Israel

Potato chips imports into Israel dropped significantly to X tons in 2022, with a decrease of -51.3% against 2021 figures. Over the period under review, imports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by 124% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, potato chips imports fell rapidly to $X in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest potato chips supplier to Israel, with a 42% share of total imports. Moreover, potato chips imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.4% per year) and Spain (+9.2% per year).

In value terms, the United States ($X) constituted the largest supplier of potato chips to Israel, comprising 42% of total imports. The second position in the ranking was taken by Italy ($X), with a 17% share of total imports. It was followed by Spain, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.2% per year) and Spain (+10.8% per year).

Import Prices by Country

In 2022, the average potato chips import price amounted to $X per ton, surging by 3.8% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2014 when the average import price increased by 58%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United Arab Emirates ($X per ton) and Romania ($X per ton), while the price for Italy ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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