Israel: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in Israel

The Israeli wheat and meslin flour market amounted to $X in 2022, surging by 2.2% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Wheat and Meslin Flour in Israel

In value terms, wheat and meslin flour production totaled $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 43% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Wheat and Meslin Flour

Exports from Israel

In 2022, approx. X tons of wheat and meslin flour were exported from Israel; increasing by 75% compared with 2021. Over the period under review, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 194% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, wheat and meslin flour exports skyrocketed to $X in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 207%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for wheat and meslin flour exports from Israel, with a 90% share of total exports. Moreover, wheat and meslin flour exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +25.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+44.6% per year) and Canada (+23.4% per year).

In value terms, the United States ($X) remains the key foreign market for wheat and meslin flour exports from Israel, comprising 90% of total exports. The second position in the ranking was taken by the UK ($X), with a 5.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +30.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+49.8% per year) and Canada (+28.4% per year).

Export Prices by Country

In 2022, the average wheat and meslin flour export price amounted to $X per ton, picking up by 17% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat and meslin flour export price increased by +79.5% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 23%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada ($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 Canada (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour

Imports into Israel

In 2022, purchases abroad of wheat and meslin flour increased by 10% to X tons, rising for the third year in a row after five years of decline. Over the period under review, imports recorded tangible growth. The most prominent rate of growth was recorded in 2013 with an increase of 88%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, wheat and meslin flour imports skyrocketed to $X in 2022. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 62%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), Germany (X tons) and Russia (X tons) were the main suppliers of wheat and meslin flour imports to Israel, with a combined 86% share of total imports. Turkey, France and Ukraine lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +44.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wheat and meslin flour suppliers to Israel were Italy ($X), Germany ($X) and Russia ($X), together comprising 86% of total imports. Turkey, France and Ukraine lagged somewhat behind, together comprising a further 11%.

In terms of the main suppliers, France, with a CAGR of +47.3%, recorded 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

The average wheat and meslin flour import price stood at $X per ton in 2022, with an increase of 21% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat and meslin flour import price increased by +68.7% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 30% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($X per ton) and Ukraine ($X per ton), while the price for Italy ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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