Israel: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Israel

The Israeli spirits and liqueurs market surged to $X in 2022, picking up 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 saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Spirits And Liqueurs Exports

Exports from Israel

In 2022, shipments abroad of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second consecutive year after two years of decline. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, spirits and liqueurs exports skyrocketed to $X in 2022. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X litres), Hungary (X litres) and the Netherlands (X litres) were the main destinations of spirits and liqueurs exports from Israel, together comprising X% of total exports. Slovenia, Latvia, Japan, Switzerland, Germany and the UK lagged somewhat behind, together comprising a further X%.

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 and liqueurs exported from Israel were the United States ($X), Hungary ($X) and Latvia ($X), with a combined X% share of total exports. The Netherlands, Germany, Slovenia, the UK, Japan and Switzerland lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average spirits and liqueurs export price stood at $X per litre in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per litre in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per litre), while the average price for exports to Japan ($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 Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into Israel

In 2022, approx. X litres of spirits, liqueurs and other spirituous beverages were imported into Israel; picking up by X% on the previous year. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs imports contracted to $X in 2022. Overall, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, the United Arab Emirates (X litres) constituted the largest spirits and liqueurs supplier to Israel, accounting for a X% share of total imports. Moreover, spirits and liqueurs imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the Netherlands (X litres), threefold. The third position in this ranking was taken by Gibraltar (X litres), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to X.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Gibraltar (X% per year).

In value terms, the largest spirits and liqueurs suppliers to Israel were the Netherlands ($X), France ($X) and the UK ($X), together comprising X% of total imports. Switzerland, Cyprus, the United States, Russia, Germany, the United Arab Emirates, Azerbaijan, Gibraltar, Finland and Iceland lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Azerbaijan, 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 spirits and liqueurs import price amounted to $X per litre, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per litre in 2016; however, from 2017 to 2022, import prices remained at a 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 the UK ($X per litre), while the price for Iceland (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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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