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Israel's seafood market, an opportunity in the making for U.S. exporters.
- Article from:
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AgExporter
- Article date:
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December 1, 2004
- Author:
- Barak, Yossef; Shachar, Gilad; Diaby, Souleymane
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Copyright informationCOPYRIGHT 2004 U.S. Department of Agriculture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Israel is one of the largest seafood markets in the Middle East, with annual consumption of over 70,000 metric tons. Despite recent growth in domestic aquaculture production, 60 percent of the country's total seafood supply is imported.
Measuring the Market and Competition
In calendar 2003, Israel's seafood imports totaled about $103 million. Norway is the main import supplier, providing a wide variety of frozen fish products. Other countries supplying Israel's seafood market include Thailand, Kenya and Argentina.
The U.S. market share totaled 1.8 percent in 2003, valued at $1.8 million, down 60 percent from 1999. The overall decline in U.S. exports is attributed ...
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119 words
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222 words
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