Israel: Market for Cider, Perry, Mead And Other Fermented Beverages 2024

Market Size for Cider, Perry, Mead And Other Fermented Beverages in Israel

The Israeli cider, perry and mead market expanded remarkably to $X in 2021, surging by 14% 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). Over the period under review, consumption, however, showed significant growth. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in the near future.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports from Israel

In 2021, after two years of decline, there was significant growth in shipments abroad of cider, perry, mead and other fermented beverages, when their volume increased by 36% to X litres. In general, exports, however, showed a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of 296% against the previous year. As a result, the exports reached the peak of X litres. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cider, perry and mead exports fell to $X in 2021. Over the period under review, exports, however, showed a mild reduction. The most prominent rate of growth was recorded in 2015 when exports increased by 170% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X litres) was the main destination for cider, perry and mead exports from Israel, with a 95% share of total exports. It was followed by the UK (X litres), with a 2.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +1.5%.

In value terms, the United States ($X) remains the key foreign market for cider, perry, mead and other fermented beverages exports from Israel, comprising 91% of total exports. The second position in the ranking was held by the UK ($X), with a 4.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2021, the average cider, perry and mead export price amounted to $X per litre, shrinking by -33.5% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 82% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per litre), while the average price for exports to the United States totaled $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+20.1%).

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports into Israel

In 2021, supplies from abroad of cider, perry, mead and other fermented beverages decreased by -1.5% to X litres for the first time since 2011, thus ending a nine-year rising trend. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 88% against the previous year. Over the period under review, imports reached the maximum at X litres in 2020, and then declined modestly in the following year.

In value terms, cider, perry and mead imports surged to $X in 2021. Overall, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by 75% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Belgium (X litres), Italy (X litres) and Japan (X litres) were the main suppliers of cider, perry and mead imports to Israel, together comprising 48% of total imports. Croatia, Poland, Estonia, Ukraine, Latvia, the UK, France, Armenia, China and Thailand lagged somewhat behind, together comprising a further 44%.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +83.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cider, perry and mead suppliers to Israel were Belgium ($X), Italy ($X) and Japan ($X), with a combined 48% share of total imports. Croatia, Poland, Estonia, Ukraine, Latvia, the UK, France, Armenia, China and Thailand lagged somewhat behind, together accounting for a further 44%.

Latvia, with a CAGR of +78.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cider, perry and mead import price amounted to $X per litre, jumping by 26% against the previous year. Overall, the import price, however, saw a perceptible decrease. Over the period under review, average import prices hit record highs at $X per litre in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Ukraine ($X per litre) and Japan ($X per litre), while the price for Croatia ($X per litre) and France ($X per litre) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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