Israel: Soya Sauce Market 2025

Soya Sauce Market Size in Israel

The Israeli soya sauce market shrank sharply to $X in 2022, which is down by -21.4% against the previous year. Overall, consumption, however, continues to indicate notable growth. As a result, consumption reached the peak level of $X, and then contracted markedly in the following year.

Soya Sauce Production in Israel

In value terms, soya sauce production declined to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of 40%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Soya Sauce Exports

Exports from Israel

In 2022, overseas shipments of soya sauce increased by 60% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 1,414% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, soya sauce exports skyrocketed to $X in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 3,333%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for soya sauce exports from Israel, accounting for a 76% share of total exports. Moreover, soya sauce exports to the UK exceeded the volume sent to the second major destination, France (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +54.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+29.1% per year) and the United Arab Emirates (0.0% per year).

In value terms, the UK ($X) remains the key foreign market for soya sauce exports from Israel, comprising 76% of total exports. The second position in the ranking was taken by France ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at +56.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+30.2% per year) and the United Arab Emirates (0.0% per year).

Export Prices by Country

In 2022, the average soya sauce export price amounted to $X per ton, dropping by -10.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 127%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to France ($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 the UK (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Soya Sauce Imports

Imports into Israel

In 2022, approx. X tons of soya sauce were imported into Israel; falling by -21.4% against 2021 figures. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 66%. As a result, imports attained the peak of X tons, and then contracted significantly in the following year.

In value terms, soya sauce imports declined dramatically to $X in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, imports reached the peak of $X, and then shrank sharply in the following year.

Imports by Country

Japan (X tons), the United States (X tons) and Thailand (X tons) were the main suppliers of soya sauce imports to Israel, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +13.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Thailand ($X) appeared to be the largest soya sauce suppliers to Israel, with a combined 85% share of total imports.

In terms of the main suppliers, Thailand, with a CAGR of +16.8%, saw 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 2022, the average soya sauce import price amounted to $X per ton, declining by -1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2018 an increase of 15%. The import price peaked at $X per ton in 2021, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($X per ton) and China ($X per ton), while the price for Thailand ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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