Price for Wine; Still, in Containers Holding More than 2 Litres in Israel - 2024

Contents:

  1. Price for Wine; Still, in Containers Holding More than 2 Litres in Israel (FOB) - 2024
  2. Price for Wine; Still, in Containers Holding More than 2 Litres in Israel (CIF) - 2022
  3. Exports of Wine; Still, in Containers Holding More than 2 Litres in Israel
  4. Imports of Wine; Still, in Containers Holding More than 2 Litres in Israel

Price for Wine; Still, in Containers Holding More than 2 Litres in Israel (FOB) - 2024

In January 2024, the average export price for wine; still, in containers holding more than 2 litreses amounted to $987 per thousand litres, approximately mirroring the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 3.7% m-o-m. The export price peaked at $987 per thousand litres in November 2023; afterwards, it flattened through to January 2024.

Average prices varied noticeably for the major external markets. In January 2024, the countries with the highest prices were the United States ($987 per thousand litres) and Japan ($987 per thousand litres), while the average price for exports to Canada ($987 per thousand litres) and the UK ($987 per thousand litres) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wine; Still, in Containers Holding More than 2 Litres in Israel (CIF) - 2022

The average import price for wine; still, in containers holding more than 2 litreses stood at $0.1 per litre in 2022, declining by -92.9% against the previous year. Over the period under review, the import price faced a sharp shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. Over the period under review, average import prices attained the peak figure at $2.3 per litre in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cyprus (less than $0.1 per litre), while the price for Uruguay totaled less than $0.1 per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (0.0%).

Exports of Wine; Still, in Containers Holding More than 2 Litres in Israel

In 2022, approx. 41M litres of wine; still, in containers holding more than 2 litreses were exported from Israel; reducing by -14.2% against the year before. Over the period under review, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 43%. As a result, the exports reached the peak of 48M litres, and then reduced in the following year.

In value terms, exports of wine; still, in containers holding more than 2 litreses rose notably to $49M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Wine; Still, in Containers Holding More than 2 Litres in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.522.834.637.422.2%
France1.61.92.32.211.2%
United Kingdom2.31.82.02.2-1.5%
Japan0.80.70.71.111.2%
Poland1.11.30.81.0-3.1%
Germany1.00.91.00.8-7.2%
Belgium0.30.70.90.838.7%
Others3.42.83.33.3-1.0%
Total31.132.945.548.616.0%

Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Israel in 2022:

  1. United States (31.3M litres)
  2. France (1.8M litres)
  3. United Kingdom (1.8M litres)
  4. Japan (0.9M litres)
  5. Poland (0.8M litres)
  6. Germany (0.7M litres)
  7. Belgium (0.7M litres)

Imports of Wine; Still, in Containers Holding More than 2 Litres in Israel

In 2022, the amount of wine; still, in containers holding more than 2 litreses imported into Israel surged to 50M litres, picking up by 15,111% compared with the previous year's figure. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wine; still, in containers holding more than 2 litreses skyrocketed to $4.9M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wine; Still, in Containers Holding More than 2 Litres in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain63.069.090.01,324176.0%
CyprusN/AN/AN/A7700%
UruguayN/AN/AN/A60.00%
Others77.02243622,727228.4%
Total1402934524,881226.7%

Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Israel in 2022:

  1. Cyprus (25.4M litres)
  2. Uruguay (24.0M litres)
  3. Spain (0.7M litres)

Source: IndexBox Market Intelligence Platform

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