Israel: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Israel

The Israeli wine of fresh grapes market totaled $X in 2022, remaining constant against the previous year. In general, consumption saw a noticeable decline. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Israel

In value terms, wine of fresh grapes production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a slight setback. The growth pace was the most rapid in 2015 when the production volume increased by 35% against the previous year. Wine of fresh grapes production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Israel

Wine of fresh grapes exports from Israel stood at X litres in 2022, surging by 10% on the previous year. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 62% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, wine of fresh grapes exports expanded remarkably to $X in 2022. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +9.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X litres) was the main destination for wine of fresh grapes exports from Israel, with a 74% share of total exports. Moreover, wine of fresh grapes exports to the United States exceeded the volume sent to the second major destination, France (X litres), more than tenfold. The third position in this ranking was taken by the UK (X litres), with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +18.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+8.7% per year) and the UK (+9.9% per year).

In value terms, the United States ($X) remains the key foreign market for wine of fresh grapes (except sparkling wine) exports from Israel, comprising 67% of total exports. The second position in the ranking was held by France ($X), with an 8.5% share of total exports. It was followed by the UK, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.7% per year) and the UK (+5.8% per year).

Export Prices by Country

In 2022, the average wine of fresh grapes export price amounted to $X per litre, increasing by 2.5% against the previous year. Overall, the export price, however, recorded a perceptible decline. The growth pace was the most rapid in 2020 when the average export price increased by 25% against the previous year. The export price peaked at $X per litre in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per litre), while the average price for exports to Japan ($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 Germany (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Israel

For the ninth year in a row, Israel recorded growth in purchases abroad of wine of fresh grapes (except sparkling wine), which increased by 24% to X litres in 2022. In general, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, wine of fresh grapes imports reached $X in 2022. Overall, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 50% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

France (X litres), Italy (X litres) and Argentina (X litres) were the main suppliers of wine of fresh grapes imports to Israel, with a combined 64% share of total imports. Spain, Germany, Cyprus, Portugal, the United States and Chile lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for Cyprus (with a CAGR of +227.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wine of fresh grapes suppliers to Israel were France ($X), Italy ($X) and Argentina ($X), together accounting for 66% of total imports. Spain, Germany, Portugal, the United States, Chile and Cyprus lagged somewhat behind, together comprising a further 25%.

Cyprus, with a CAGR of +146.1%, 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 2022, the average wine of fresh grapes import price amounted to $X per litre, reducing by -17.5% against the previous year. In general, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 14%. As a result, import price reached the peak level of $X per litre. From 2021 to 2022, the average import prices failed to regain momentum.

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 Chile ($X per litre), while the price for Cyprus ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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