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Israel is an advanced, market-oriented economy. However, its limited land and water resources preclude agricultural self-sufficiency, which affects local production costs and consumer prices.
Israel’s planted citrus area in marketing year (MY) 2022/23 is forecast to be 16,200 hectares (ha) with no change from the area planted in MY 2021/22. The productive area is estimated at 15,850 ha and official figures have yet to be published by the Citrus Board this year regarding the aera planted.
As of September 2022, Israel does not have a policy restricting the use of imported genetically engineered (GE) commodities or derivative products. There are no changes in Israel’s policy towards plant, animal biotechnology, and microbial biotechnology compared to 2021.
The impact of the COVID-19 on the Israeli hotel, restaurant, and institutional (HRI) sector was nothing short of devastating. According to the Israeli Central Bureau of Statistics, accommodation and foodservice activities declined by forty percent in 2020. The sector started to recover during 2021, and it is expected to recover, with a return to pre-COVID-19 sales by 2023.