Wine Market in Israel
Market Overview
The Israeli wine market reduced to $
in , dropping by -% 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 recorded a deep downturn. Over the period under review, the market hit record highs at $ in 2009; however, from 2010 to , consumption failed to regain momentum.
In value terms, wine production rose sharply to $ in estimated in export price. Overall, production, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in when the production volume increased by %. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production remained at a lower figure.
in , dropping by -% 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 recorded a deep downturn. Over the period under review, the market hit record highs at $ in 2009; however, from 2010 to , consumption failed to regain momentum.In value terms, wine production rose sharply to $
in estimated in export price. Overall, production, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in when the production volume increased by %. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production remained at a lower figure.Consumption
In , consumption of wine in Israel shrank to litres, dropping by -% on the year before. Overall, consumption continues to indicate a drastic downturn. Wine consumption peaked at litres in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.
The value of the wine market in Israel fell to $ in , which is down by -% 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). In general, consumption saw a abrupt slump. Wine consumption peaked at $ in 2009; however, from 2010 to , consumption remained at a lower figure.
, consumption of wine in Israel shrank to litres, dropping by -% on the year before. Overall, consumption continues to indicate a drastic downturn. Wine consumption peaked at litres in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.The value of the wine market in Israel fell to $
in , which is down by -% 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). In general, consumption saw a abrupt slump. Wine consumption peaked at $ in 2009; however, from 2010 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for wine in Israel, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to litres by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to litres by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in Israel increased significantly over the last fifteen-year period (from % to %). In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
% to %). In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
Israel remains a net exporter of wine; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of litres, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of litres, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report