Price for Insects; Live, Other than Bees in Israel - 2022

Contents:

1. Price for Insects; Live, Other than Bees in Israel (FOB) - 2022
2. Price for Insects; Live, Other than Bees in Israel (CIF) - 2022
3. Exports of Insects; Live, Other than Bees in Israel
4. Imports of Insects; Live, Other than Bees in Israel

Price for Insects; Live, Other than Bees in Israel (FOB) - 2022

In 2022, the average export price for insects; live, other than beeses amounted to less than $0.1 per thousand units, surging by 4.6% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, insects; live, other than bees export price increased by +5.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 40% against the previous year. The export price peaked at less than $0.1 per thousand units in 2019; however, from 2020 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 Belarus (less than $0.1 per thousand units) and Italy (less than $0.1 per thousand units), while the average price for exports to the UK (less than $0.1 per thousand units) and Russia (less than $0.1 per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Insects; Live, Other than Bees in Israel (CIF) - 2022

The average import price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, surging by 69% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, insects; live, other than bees import price increased by +115.4% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa (less than $0.1 per thousand units), while the price for Taiwan (Chinese) (less than $0.1 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Insects; Live, Other than Bees in Israel

In 2022, after three years of growth, there was decline in shipments abroad of insects; live, other than beeses, when their volume decreased by -4% to 1,149B units. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 59%. The exports peaked at 1,198B units in 2021, and then shrank modestly in the following year.

In value terms, insects; live, other than bees exports reached $19M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Insects; Live, Other than Bees from Israel in 2022:

1. United States (376.5B units)
2. Mexico (230.2B units)
3. Netherlands (212.6B units)
4. Spain (111.3B units)
5. Belgium (39.1B units)
6. Canada (37.7B units)
7. Russia (31.4B units)
8. Italy (22.9B units)
9. South Africa (22.3B units)

Imports of Insects; Live, Other than Bees in Israel

In 2022, approx. 4.2B units of insects; live, other than beeses were imported into Israel; with a decrease of -32.4% compared with 2021. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 313%. As a result, imports reached the peak of 6.1B units, and then dropped dramatically in the following year.

In value terms, insects; live, other than bees imports amounted to $111K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 304%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Insects; Live, Other than Bees to Israel in 2022:

1. United Kingdom (2203.3M units)
2. United States (784.2M units)
3. Taiwan (Chinese) (356.1M units)
4. Germany (336.1M units)
5. South Africa (322.7M units)
6. Switzerland (149.4M units)

Source: IndexBox Market Intelligence Platform