Israel: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in Israel

The Israeli starch manufacture residues market fell to $X in 2022, declining by -6.2% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.7% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Starch Manufacture Residues Production in Israel

In value terms, starch manufacture residues production dropped to $X in 2022 estimated in export price. In general, production, however, posted buoyant growth. The growth pace was the most rapid in 2015 when the production volume increased by 83% against the previous year. Starch manufacture residues production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Starch Manufacture Residues Exports

Exports from Israel

In 2022, shipments abroad of residues of starch manufacture increased by 64% to X tons, rising for the sixth consecutive year after two years of decline. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 850%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, starch manufacture residues exports skyrocketed to $X in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 539%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons) was the main destination for starch manufacture residues exports from Israel, accounting for a 59% share of total exports. Moreover, starch manufacture residues exports to the Netherlands exceeded the volume sent to the second major destination, Spain (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a 13% share.

From 2013 to 2022, the average annual growth rate of volume to the Netherlands totaled +43.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+5.9% per year) and Germany (+50.1% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for residues of starch manufacture exports from Israel, comprising 59% of total exports. The second position in the ranking was taken by Spain ($X), with a 16% share of total exports. It was followed by Germany, with a 13% share.

From 2013 to 2022, the average annual growth rate of value to the Netherlands stood at +45.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+7.6% per year) and Germany (+53.9% per year).

Export Prices by Country

The average starch manufacture residues export price stood at $X per ton in 2022, with an increase of 3.8% against the previous year. Over the period under review, the export price posted a modest expansion. The most prominent rate of growth was recorded in 2015 an increase of 151%. As a result, the export price reached 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 foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Cyprus ($X per ton) and Portugal ($X per ton), while the average price for exports to Spain ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Starch Manufacture Residues Imports

Imports into Israel

In 2022, supplies from abroad of residues of starch manufacture decreased by -99.6% to X tons, falling for the second consecutive year after three years of growth. Overall, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 377% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, starch manufacture residues imports fell notably to $X in 2022. In general, imports faced a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 239% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of starch manufacture residues to Israel, accounting for a 86% share of total imports. Moreover, starch manufacture residues imports from the United States exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to -51.8%.

In value terms, the United States ($X) constituted the largest supplier of residues of starch manufacture to Israel, comprising 86% of total imports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -50.4%.

Import Prices by Country

The average starch manufacture residues import price stood at $X per ton in 2022, with an increase of 40% against the previous year. Overall, the import price recorded pronounced growth. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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