Israel: Sugar Crop Market 2024

Sugar Crop Market Size in Israel

The Israeli sugar crop market soared to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption, however, showed a significant decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sugar Crop Production in Israel

In value terms, sugar crop production reduced markedly to $X in 2022 estimated in export price. In general, production, however, recorded a notable increase. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Sugar crop production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of sugar crops in Israel reduced slightly to X kg per ha in 2022, almost unchanged from the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, the growth of the average sugar crop yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sugar crops production in Israel was estimated at X ha, stabilizing at the previous year. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the harvested area attained the peak level of X ha; afterwards, it flattened through to 2022.

Sugar Crop Exports

Exports from Israel

In 2022, overseas shipments of sugar crops decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sugar crop exports fell to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for sugar crop exports from Israel, accounting for a X% share of total exports. Moreover, sugar crop exports to the United States exceeded the volume sent to the second major destination, Switzerland (X tons), threefold.

From 2013 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and the UK (X% per year).

In value terms, the United States ($X) remains the key foreign market for sugar crops exports from Israel, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with a X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and the UK (X% per year).

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 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 the United States ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced a decline.

Sugar Crop Imports

Imports into Israel

For the third year in a row, Israel recorded growth in purchases abroad of sugar crops, which increased by X% to X tons in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, sugar crop imports totaled $X in 2022. Over the period under review, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

Turkey (X tons), Cyprus (X tons) and Spain (X tons) were the main suppliers of sugar crop imports to Israel, together accounting for X% of total imports. These countries were followed by Germany, which accounted for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Turkey ($X) and Cyprus ($X) were the largest sugar crop suppliers to Israel, with a combined X% share of total imports. Germany lagged somewhat behind, comprising a further X%.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 sugar crop import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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