Israel: Sugary Soft Drink Market 2024

Sugary Soft Drink Market Size in Israel

The Israeli sugary soft drink market dropped to $X in 2022, declining by -6.7% against the previous year. Overall, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -12.9% against 2019 indices. Sugary soft drink consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Sugary Soft Drink Production in Israel

In value terms, sugary soft drink production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -12.4% against 2019 indices. The growth pace was the most rapid in 2018 when the production volume increased by 38% against the previous year. Sugary soft drink production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Sugary Soft Drink Exports

Exports from Israel

In 2022, overseas shipments of sugary soft drinks decreased by -22.6% to X litres for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 47%. As a result, the exports reached the peak of X litres. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, sugary soft drink exports contracted markedly to $X in 2022. In general, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 with an increase of 43%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X litres), France (X litres) and the UK (X litres) were the main destinations of sugary soft drink exports from Israel, with a combined 92% share of total exports. These countries were followed by Belgium, which accounted for a further 1.9%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +0.2%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for sugary soft drink exported from Israel were the United States ($X), France ($X) and the UK ($X), together accounting for 92% of total exports. Belgium lagged somewhat behind, comprising a further 1.9%.

Belgium, with a CAGR of +0.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average sugary soft drink export price amounted to $X per litre, remaining constant against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. The export price peaked at $X per litre in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per litre) and Belgium ($X per litre), while the average price for exports to the UK ($X per litre) and France ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sugary Soft Drink Imports

Imports into Israel

In 2022, sugary soft drink imports into Israel contracted rapidly to X litres, declining by -43.2% compared with the year before. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 54% against the previous year. Over the period under review, imports hit record highs at X litres in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, sugary soft drink imports declined dramatically to $X in 2022. Overall, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2013 when imports increased by 54%. Over the period under review, imports reached the maximum at $X in 2021, and then fell notably in the following year.

Imports by Country

Thailand (X litres), Poland (X litres) and Turkey (X litres) were the main suppliers of sugary soft drink imports to Israel, with a combined 42% share of total imports. Georgia, the Netherlands, Italy, Mexico and Ukraine lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +70.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sugary soft drink suppliers to Israel were Thailand ($X), Poland ($X) and Turkey ($X), with a combined 42% share of total imports. Georgia, the Netherlands, Italy, Mexico and Ukraine lagged somewhat behind, together accounting for a further 39%.

Among the main suppliers, Mexico, with a CAGR of +68.0%, saw the highest rates of growth with regard to 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 sugary soft drink import price amounted to $X per litre, rising by 9.7% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugary soft drink import price increased by +44.0% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 34%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($X per litre) and Poland ($X per litre), while the price for Italy ($X per litre) and Ukraine ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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