Starches; Inulin Price in Israel - 2023
Contents:
- Starches; Inulin Price in Israel (CIF) - 2022
- Starches; Inulin Price in Israel (FOB) - 2022
- Starches; Inulin Imports in Israel
- Starches; Inulin Exports in Israel
Starches; Inulin Price in Israel (CIF) - 2022
In 2022, the average starches; inulin import price amounted to $1,204 per ton, surging by 13% against the previous year. Overall, the import price recorded a relatively flat trend pattern. 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 Belgium ($3,193 per ton), while the price for Germany ($845 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Starches; Inulin Price in Israel (FOB) - 2022
In 2022, the average starches; inulin export price amounted to $1,134 per ton, declining by -8.1% against the previous year. Overall, the export price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2018 an increase of 61% against the previous year. The export price peaked at $1,234 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,295 per ton), while the average price for exports to France ($629 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 the Philippines (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Starches; Inulin Imports in Israel
In 2022, starches; inulin imports into Israel was estimated at 14K tons, with an increase of 4.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, starches; inulin imports soared to $16M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Starches; Inulin in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.4 | 5.2 | 5.1 | 5.9 | 10.3% |
| Denmark | 1.2 | 1.8 | 1.5 | 2.9 | 34.2% |
| Thailand | 2.0 | 1.6 | 2.2 | 1.9 | -1.7% |
| Poland | 1.5 | 0.5 | 1.1 | 1.6 | 2.2% |
| Netherlands | 0.6 | 1.5 | 0.8 | 0.9 | 14.5% |
| Germany | 1.3 | 0.7 | 0.8 | 0.9 | -11.5% |
| France | 0.8 | 0.3 | 1.1 | 0.7 | -4.4% |
| Sweden | N/A | N/A | N/A | 0.6 | 0% |
| Others | 0.5 | 0.5 | 1.0 | 0.9 | 21.6% |
| Total | 12.4 | 12.2 | 13.7 | 16.3 | 9.5% |
Top Suppliers of Starches; Inulin to Israel in 2022:
- Denmark (3.4K tons)
- Poland (1.9K tons)
- Belgium (1.8K tons)
- Thailand (1.8K tons)
- Netherlands (1.1K tons)
- Germany (1.1K tons)
- France (0.7K tons)
- Sweden (0.7K tons)
Starches; Inulin Exports in Israel
In 2022, the amount of starches; inulins exported from Israel surged to 5.4K tons, rising by 74% against the previous year's figure. In general, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, starches; inulin exports surged to $6.1M in 2022. Overall, exports saw a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Starches; Inulin in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1,231 | 159 | 1,425 | 2,907 | 33.2% |
| United Kingdom | 555 | 577 | 1,303 | 1,345 | 34.3% |
| Germany | N/A | N/A | 58.0 | 453 | 681.0% |
| Spain | 369 | 207 | 257 | 452 | 7.0% |
| Ghana | 123 | 65.0 | 25.0 | 287 | 32.6% |
| United States | 47.0 | 74.0 | 83.0 | 149 | 46.9% |
| France | 1.0 | N/A | 5.0 | 76.0 | 323.6% |
| Nigeria | 702 | 197 | 144 | N/A | -54.7% |
| Greece | 180 | 65.0 | N/A | N/A | -63.9% |
| Philippines | N/A | 373 | N/A | N/A | 0% |
| Others | 529 | 514 | 488 | 397 | -9.1% |
| Total | 3,737 | 2,231 | 3,788 | 6,066 | 17.5% |
Top Export Markets for Starches; Inulin from Israel in 2022:
- Portugal (2307.6 tons)
- United Kingdom (1177.1 tons)
- Germany (527.8 tons)
- Ghana (365.9 tons)
- Spain (349.0 tons)
- United States (154.6 tons)
- France (120.8 tons)
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