Israel: Beef Market 2024

Beef Market Size in Israel

The Israeli beef market declined to $X in 2022, with a decrease of X% against the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Beef Production in Israel

In value terms, beef production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of beef (cattle meat) in Israel amounted to X kg per head in 2022, therefore, remained relatively stable against the previous year's figure. In general, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the yield increased by X%. Over the period under review, the average beef yield hit record highs at X kg per head in 2012; however, from 2013 to 2022, the yield failed to regain momentum.

In 2022, number of animals slaughtered for beef production in Israel reduced to X heads, remaining constant against the year before. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, this number attained the maximum level at X heads in 2019; however, from 2020 to 2022, producing animals stood at a somewhat lower figure.

Beef Exports

Exports from Israel

In 2022, the amount of beef (cattle meat) exported from Israel soared to X tons, picking up by X% compared with the previous year. Overall, exports showed a significant increase. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, beef exports soared to $X in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Paraguay (X tons) was the main destination for beef exports from Israel, with a X% share of total exports. Moreover, beef exports to Paraguay exceeded the volume sent to the second major destination, the UK (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Paraguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Palestine (X% per year).

In value terms, Paraguay ($X) emerged as the key foreign market for beef (cattle meat) exports from Israel, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Paraguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Palestine (X% per year).

Export Prices by Country

The average beef export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price recorded slight growth. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Palestine ($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 Palestine (X%).

Beef Imports

Imports into Israel

In 2022, beef imports into Israel declined slightly to X tons, which is down by X% against 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, beef imports surged to $X in 2022. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Brazil (X tons), Uruguay (X tons) and Argentina (X tons) were the main suppliers of beef imports to Israel, with a combined X% share of total imports. Poland, Paraguay, the United States and Spain lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest beef suppliers to Israel were Brazil ($X), Uruguay ($X) and Argentina ($X), with a combined X% share of total imports. Poland, Paraguay, the United States and Spain lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 beef import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :