Israel: Market for Spirits, Liqueurs And Other Spirituous Beverages 2024

Market Size for Spirits, Liqueurs And Other Spirituous Beverages in Israel

The Israeli market for spirits, liqueurs and other spirituous beverages surged to $X in 2022, rising by X% 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). Overall, consumption posted a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports from Israel

In 2022, exports of spirits, liqueurs and other spirituous beverages from Israel declined to X litres, dropping by X% against the previous year's figure. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X litres, and then declined in the following year.

In value terms, exports of spirits, liqueurs and other spirituous beverages contracted slightly to $X in 2022. In general, exports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2021, and then shrank slightly in the following year.

Exports by Country

The United States (X litres), Hungary (X litres) and Slovenia (X litres) were the main destinations of exports of spirits, liqueurs and other spirituous beverages from Israel, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spirits, liqueurs and other spirituous beverages exported from Israel were the United States ($X), Hungary ($X) and Slovenia ($X), with a combined X% share of total exports.

Among the main countries of destination, Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for spirits, liqueurs and other spirituous beverages stood at $X per litre in 2022, standing approx. at the previous year. In general, the export price, however, saw a slight contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The export price peaked at $X per litre in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per litre), while the average price for exports to Hungary ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports into Israel

Imports of spirits, liqueurs and other spirituous beverages into Israel skyrocketed to X litres in 2022, picking up by X% compared with the previous year. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of spirits, liqueurs and other spirituous beverages contracted to $X in 2022. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

Switzerland (X litres), Cyprus (X litres) and Russia (X litres) were the main suppliers of imports of spirits, liqueurs and other spirituous beverages to Israel, with a combined X% share of total imports. The United States, France, the Netherlands, Italy, Latvia, Georgia, Azerbaijan, the UK, Sri Lanka and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Georgia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spirits, liqueurs and other spirituous beverages suppliers to Israel were Switzerland ($X), Cyprus ($X) and the United States ($X), with a combined X% share of total imports. Russia, France, the Netherlands, Italy, the UK, Spain, Georgia, Latvia, Azerbaijan and Sri Lanka lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Georgia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for spirits, liqueurs and other spirituous beverages amounted to $X per litre, reducing by X% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per litre in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per litre), while the price for Sri Lanka (less than $X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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