Israel: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Israel

The Israeli uncooked pasta market soared to $X in 2021, growing by 25% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Uncooked Pasta Production in Israel

In value terms, uncooked pasta production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 30% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Uncooked Pasta Exports

Exports from Israel

In 2021, overseas shipments of uncooked pasta decreased by -47.6% to X tons, falling for the second year in a row after three years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 106%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, uncooked pasta exports shrank rapidly to $X in 2021. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 79% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then reduced dramatically in the following year.

Exports by Country

The United States (X tons) was the main destination for uncooked pasta exports from Israel, with a 66% share of total exports. Moreover, uncooked pasta exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), eightfold. The UK (X tons) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+67.6% per year) and the UK (+2.0% per year).

In value terms, the United States ($X) remains the key foreign market for uncooked pasta exports from Israel, comprising 70% of total exports. The second position in the ranking was held by Lithuania ($X), with a 6.3% share of total exports. It was followed by Canada, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+82.1% per year) and Canada (+69.0% per year).

Export Prices by Country

In 2021, the average uncooked pasta export price amounted to $X per ton, increasing by 18% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 18%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were Lithuania ($X per ton) and the United States ($X per ton), while the average price for exports to France ($X per ton) and Hungary ($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 Egypt (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Uncooked Pasta Imports

Imports into Israel

In 2021, purchases abroad of uncooked pasta increased by 5.7% to X tons, rising for the third year in a row after four years of decline. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 18% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, uncooked pasta imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 25%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of uncooked pasta to Israel, with a 67% share of total imports. Moreover, uncooked pasta imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. The third position in this ranking was taken by Thailand (X tons), with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-5.6% per year) and Thailand (+28.2% per year).

In value terms, Italy ($X) constituted the largest supplier of uncooked pasta to Israel, comprising 67% of total imports. The second position in the ranking was taken by Turkey ($X), with a 14% share of total imports. It was followed by Thailand, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-2.5% per year) and Thailand (+24.5% per year).

Import Prices by Country

In 2021, the average uncooked pasta import price amounted to $X per ton, picking up by 11% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, uncooked pasta import price increased by +22.6% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 29%. The import price peaked in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :