Israel: Piper Pepper Market 2024

Piper Pepper Market Size in Israel

After three years of decline, the Israeli piper pepper market increased by X% to $X in 2023. Overall, consumption, however, continues to indicate strong growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Piper Pepper Exports

Exports from Israel

In 2023, after three years of growth, there was significant decline in shipments abroad of piper pepper, when their volume decreased by X% to X tons. In general, exports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, piper pepper exports fell notably to $X in 2023. Over the period under review, exports saw a sharp setback. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for piper pepper exports from Israel, accounting for a X% share of total exports. Moreover, piper pepper exports to the United States exceeded the volume sent to the second major destination, Italy (X tons), fourfold. Ukraine (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Ukraine (X% per year).

In value terms, the United States ($X) remains the key foreign market for piper pepper exports from Israel, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2023, the average piper pepper export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Cyprus ($X per ton) and Romania ($X per ton), while the average price for exports to the United States ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Piper Pepper Imports

Imports into Israel

In 2023, the amount of piper pepper imported into Israel shrank sharply to X tons, which is down by X% on the previous year's figure. Overall, imports showed a slight slump. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, piper pepper imports dropped dramatically to $X in 2023. Over the period under review, imports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Vietnam (X tons) constituted the largest supplier of piper pepper to Israel, with a X% share of total imports. Moreover, piper pepper imports from Vietnam exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Vietnam stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Spain (X% per year).

In value terms, Vietnam ($X) constituted the largest supplier of piper pepper to Israel, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Vietnam amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Spain (X% per year).

Import Prices by Country

In 2023, the average piper pepper import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a mild slump. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and China ($X per ton), while the price for Italy ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform