Israel: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Israel

The Israeli sweet biscuit market expanded rapidly to $X in 2021, rising by 6.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a remarkable increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Sweet Biscuit Exports

Exports from Israel

In 2021, after four years of growth, there was significant decline in shipments abroad of sweet biscuits, when their volume decreased by -13.9% to X tons. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 72%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, sweet biscuit exports declined to $X in 2021. In general, exports recorded a slight decline. The most prominent rate of growth was recorded in 2013 with an increase of 31%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for sweet biscuit exports from Israel, accounting for a 89% share of total exports. Moreover, sweet biscuit exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold. The third position in this ranking was taken by Canada (X tons), with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+13.1% per year) and Canada (-28.8% per year).

In value terms, the United States ($X) remains the key foreign market for sweet biscuits exports from Israel, comprising 89% of total exports. The second position in the ranking was held by the UK ($X), with a 5.1% share of total exports. It was followed by Canada, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+15.3% per year) and Canada (-27.6% per year).

Export Prices by Country

In 2021, the average sweet biscuit export price amounted to $X per ton, surging by 8.2% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2014 an increase of 78% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, the countries with the highest prices were Australia ($X per ton) and Belgium ($X per ton), while the average price for exports to Canada ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Biscuit Imports

Imports into Israel

In 2021, overseas purchases of sweet biscuits decreased by -1.8% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2018 with an increase of 31%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, sweet biscuit imports rose rapidly to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +10.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +139.5% against 2012 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 28%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Spain (X tons) were the main suppliers of sweet biscuit imports to Israel, together comprising 40% of total imports. The Czech Republic, Belgium, Turkey, Germany, France, Ukraine, Italy, Australia, Portugal and Indonesia lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +62.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit suppliers to Israel were the Netherlands ($X), Poland ($X) and Spain ($X), with a combined 40% share of total imports. These countries were followed by the Czech Republic, Belgium, Turkey, Germany, France, Ukraine, Italy, Australia, Portugal and Indonesia, which together accounted for a further 49%.

Among the main suppliers, France, with a CAGR of +59.4%, recorded the highest rates of growth with regard to 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 sweet biscuit import price amounted to $X per ton, surging by 8.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 12%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Ukraine ($X per ton) and Indonesia ($X per ton), while the price for Australia ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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