Price for Protein; Concentrates and Textured Protein Substances in Israel - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Israel (CIF) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Israel (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Israel
- Exports of Protein; Concentrates and Textured Protein Substances in Israel
Price for Protein; Concentrates and Textured Protein Substances in Israel (CIF) - 2022
The average import price for protein; concentrates and textured protein substanceses stood at $5,702 per ton in 2022, rising by 4.2% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for protein; concentrates and textured protein substanceses increased by +103.0% against 2015 indices. The pace of growth was the most pronounced in 2018 an increase of 21%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($5,702 per ton) and the United States ($5,702 per ton), while the price for Singapore ($5,702 per ton) and Hungary ($5,702 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Israel (FOB) - 2022
In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $6,597 per ton, falling by -16.7% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of 40% against the previous year. The export price peaked at $8,455 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($6,598 per ton) and India ($6,597 per ton), while the average price for exports to Thailand ($6,596 per ton) and the Czech Republic ($6,596 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 the UK (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Israel
In 2022, imports of protein; concentrates and textured protein substanceses into Israel soared to 2.8K tons, picking up by 37% against the year before. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of protein; concentrates and textured protein substanceses skyrocketed to $16M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Protein; Concentrates and Textured Protein Substances in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.5 | 4.9 | 5.0 | 4.3 | -7.9% |
| Netherlands | 0.2 | 0.2 | 0.2 | 3.1 | 149.3% |
| China | 1.3 | 2.3 | 2.8 | 2.8 | 29.1% |
| Serbia | 0.5 | 0.8 | 1.0 | 1.6 | 47.4% |
| Brazil | 0.7 | 0.9 | 0.2 | 0.7 | 0.0% |
| Singapore | N/A | N/A | 0.2 | 0.7 | 250.0% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Switzerland | N/A | 0.2 | N/A | 0.3 | 22.5% |
| Belgium | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Canada | 0.1 | 0.1 | 0.6 | 0.2 | 26.0% |
| Others | 0.6 | 0.5 | 0.8 | 1.3 | 29.4% |
| Total | 9.1 | 9.9 | 11.1 | 15.9 | 20.4% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Israel in 2022:
- United States (760.5 tons)
- Netherlands (545.4 tons)
- China (494.2 tons)
- Serbia (287.3 tons)
- Brazil (124.3 tons)
- Singapore (118.6 tons)
- Taiwan (Chinese) (87.9 tons)
- Belgium (46.3 tons)
- Switzerland (45.2 tons)
- Canada (40.3 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Israel
After two years of decline, shipments abroad of protein; concentrates and textured protein substanceses increased by 45% to 69 tons in 2022. Over the period under review, exports, however, recorded a drastic downturn.
In value terms, exports of protein; concentrates and textured protein substanceses skyrocketed to $453K in 2022. Overall, exports, however, continue to indicate a abrupt descent.
| Export of Protein; Concentrates and Textured Protein Substances in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 85.0 | 94.0 | 165 | 231 | 39.6% |
| China | 85.0 | 36.0 | 42.0 | 56.0 | -13.0% |
| Japan | 223 | 187 | N/A | 37.0 | -45.1% |
| India | N/A | N/A | 1.0 | 36.0 | 3500.0% |
| Australia | N/A | 17.0 | 16.0 | 34.0 | 41.4% |
| Taiwan (Chinese) | 25.0 | N/A | 1.0 | 21.0 | -5.6% |
| Czech Republic | 10.0 | N/A | N/A | 13.0 | 9.1% |
| Thailand | 6.0 | N/A | 28.0 | 13.0 | 29.4% |
| Hong Kong SAR | 59.0 | 19.0 | 42.0 | N/A | -15.6% |
| Belgium | N/A | 24.0 | 7.0 | N/A | -70.8% |
| United Kingdom | 27.0 | 6.0 | 1.0 | N/A | -80.8% |
| France | 7.0 | N/A | 57.0 | N/A | 185.4% |
| Italy | 48.0 | 11.0 | N/A | N/A | -77.1% |
| Others | 74.0 | 81.0 | 16.0 | 12.0 | -45.5% |
| Total | 649 | 475 | 376 | 453 | -11.3% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Israel in 2022:
- United States (35.0 tons)
- China (8.5 tons)
- Japan (5.6 tons)
- India (5.5 tons)
- Australia (5.2 tons)
- Taiwan (Chinese) (3.2 tons)
- Czech Republic (2.0 tons)
- Thailand (2.0 tons)
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