Israel: Market for Vegetables (Preserved, Frozen) 2024

Market Size for Vegetables (Preserved, Frozen) in Israel

The Israeli preserved and frozen vegetable market surged to $X in 2022, increasing by 26% against the previous year. Over the period under review, consumption posted a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Vegetables (Preserved, Frozen) in Israel

In value terms, preserved and frozen vegetable production rose slightly to $X in 2022 estimated in export price. In general, production saw a noticeable reduction. The pace of growth was the most pronounced in 2013 when the production volume increased by 208% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Vegetables (Preserved, Frozen)

Exports from Israel

For the third year in a row, Israel recorded decline in overseas shipments of vegetables (preserved, frozen), which decreased by -53.9% to X tons in 2022. In general, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2016 with an increase of 43%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved and frozen vegetable exports shrank significantly to $X in 2022. Over the period under review, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), the UK (X tons) and Belgium (X tons) were the main destinations of preserved and frozen vegetable exports from Israel, together comprising 95% of total exports. Cyprus and Australia lagged somewhat behind, together comprising a further 3.7%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +2.3%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), the UK ($X) and Belgium ($X) were the largest markets for preserved and frozen vegetable exported from Israel worldwide, together accounting for 95% of total exports. Cyprus and Australia lagged somewhat behind, together accounting for a further 3.7%.

In terms of the main countries of destination, Cyprus, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average preserved and frozen vegetable export price stood at $X per ton in 2022, picking up by 5.2% against the previous year. In general, the export price posted a mild expansion. The growth pace was the most rapid in 2013 when the average export price increased by 167% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Cyprus ($X per ton) and the United States ($X per ton), while the average price for exports to the UK ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables (Preserved, Frozen)

Imports into Israel

In 2022, the amount of vegetables (preserved, frozen) imported into Israel soared to X tons, jumping by 30% on the year before. In general, imports recorded significant growth. The growth pace was the most rapid in 2016 with an increase of 112% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, preserved and frozen vegetable imports surged to $X in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 119%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Turkey (X tons) were the main suppliers of preserved and frozen vegetable imports to Israel, together comprising 94% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +74.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Turkey ($X) constituted the largest preserved and frozen vegetable suppliers to Israel, with a combined 92% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +64.9%, 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 preserved and frozen vegetable import price amounted to $X per ton, growing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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