Price for Cereals; Rye, Other than Seed in Israel - 2023

Contents:

  1. Price for Cereals; Rye, Other than Seed in Israel (CIF) - 2023
  2. Imports of Cereals; Rye, Other than Seed in Israel

Price for Cereals; Rye, Other than Seed in Israel (CIF) - 2023

The average import price for cereals; rye, other than seeds stood at $309 per ton in February 2023, flattening at the previous month. Over the period under review, the import price showed a perceptible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From April 2022 to February 2023, the rate of growth in terms of prices for Russia amounted to +3.5% per month.

Imports of Cereals; Rye, Other than Seed in Israel

Cereals; rye, other than seed imports into Israel declined dramatically to 4.9K tons in 2022, waning by -79.9% on the year before. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 351%. As a result, imports reached the peak of 24K tons, and then contracted markedly in the following year.

In value terms, cereals; rye, other than seed imports fell sharply to $1.6M in 2022. In general, imports saw a pronounced setback. The growth pace was the most rapid in 2021 when imports increased by 362%. As a result, imports attained the peak of $4.7M, and then shrank sharply in the following year.

Import of Cereals; Rye, Other than Seed in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A7520%
Russia391181414233-15.8%
Kenya1251071,131N/A200.8%
Sweden77.336.893.6N/A10.0%
PolandN/A1171,420N/A1113.7%
Singapore195123414N/A45.7%
Estonia290N/AN/AN/A0%
Netherlands189162513N/A64.8%
Ukraine531273656N/A11.1%
Others34.316.750.5594158.7%
Total1,8311,0164,6921,579-4.8%

Top Suppliers of Cereals; Rye, Other than Seed to Israel in 2022:

  1. United Arab Emirates (2.3K tons)
  2. Russia (0.7K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; rye, other than seed - Israel