Key Market Indicators
Israel is forecast to consume 10,760 metric tons of butter by 2026, an increase of 1.5% annually on average from 10,000 metric tons in 2021. Since 2017, demand for butter in Israel has grown 3.6% annually. In 2021, Israel ranked 60th in butter consumption, behind Hungary, which consumed 10,000 metric tons. Germany, France, and Russia ranked second, third, and fourth, respectively. Israel is set to produce 6,590 metric tons of butter by 2026, an increase of 0.5% annually on average from 6,410 metric tons in 2021. Since 1966, Israeli butter production has risen 0.8% per year. In 2021, Israel ranked 51st in butter production, behind Panama, which produced 6,410 metric tons. New Zealand, Germany, and France were the second, third, and fourth largest producers, respectively.