Preserved Peas Market Overview in Israel
In value terms, preserved peas production dropped rapidly to $ in 2019 estimated in export prices. Overall, production saw a mild curtailment. The growth pace was the most rapid in 2017 when the production volume increased by % year-to-year. As a result, production reached the peak level of $. From 2018 to 2019, production growth remained at a somewhat lower figure.
The size of the preserved peas market in Israel shrank sharply to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the market value increased by % y-o-y. Preserved peas consumption peaked at $ in 2017; however, from 2018 to 2019, consumption remained at a lower figure.