Liqueurs and Cordials Price in Israel - 2023
Contents:
- Liqueurs and Cordials Price in Israel (CIF) - 2022
- Liqueurs and Cordials Price in Israel (FOB) - 2022
- Liqueurs and Cordials Imports in Israel
- Liqueurs and Cordials Exports in Israel
Liqueurs and Cordials Price in Israel (CIF) - 2022
In 2022, the average liqueurs and cordials import price amounted to $7.1 per litre, with an increase of 6.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 16% against the previous year. As a result, import price reached the peak level of $7.5 per litre. From 2021 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($7.1 per litre) and the United States ($7.1 per litre), while the price for the UK ($7.1 per litre) and Italy ($7.1 per litre) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Israel (FOB) - 2022
In 2022, the average liqueurs and cordials export price amounted to $6.4 per litre, shrinking by -5.4% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2016 an increase of 44% against the previous year. Over the period under review, the average export prices hit record highs at $9.6 per litre in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.4 per litre), while the average price for exports to the UK ($6.4 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 Belgium (-0.5%), while the prices for the other major destinations experienced a decline.
Liqueurs and Cordials Imports in Israel
In 2022, imports of liqueurs and cordialses into Israel declined sharply to 1.5M litres, reducing by -17.3% against the year before. Overall, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of 1.8M litres, and then declined markedly in the following year.
In value terms, liqueurs and cordials imports fell to $11M in 2022. In general, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 68% against the previous year. As a result, imports reached the peak of $12M, and then reduced in the following year.
| Import of Liqueurs and Cordials in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,476 | 1,071 | 2,889 | 2,748 | 23.0% |
| Ireland | 815 | 31.0 | 1,973 | 1,717 | 28.2% |
| France | 724 | 747 | 1,574 | 1,522 | 28.1% |
| Germany | 1,043 | 895 | 1,479 | 1,499 | 12.9% |
| Belgium | 685 | 32.0 | 1,481 | 1,033 | 14.7% |
| Netherlands | 237 | 1,393 | 454 | 488 | 27.2% |
| United Kingdom | 156 | 415 | 451 | 399 | 36.8% |
| Spain | 239 | 211 | 302 | 296 | 7.4% |
| United States | 172 | 1,012 | 199 | 205 | 6.0% |
| Others | 772 | 1,501 | 1,472 | 942 | 6.9% |
| Total | 6,319 | 7,308 | 12,274 | 10,849 | 19.7% |
Top Suppliers of Liqueurs and Cordials to Israel in 2022:
- Italy (384.9K litres)
- Ireland (240.5K litres)
- France (213.2K litres)
- Germany (210.0K litres)
- Belgium (144.7K litres)
- Netherlands (68.4K litres)
- United Kingdom (55.9K litres)
- Spain (41.5K litres)
- United States (28.7K litres)
Liqueurs and Cordials Exports in Israel
Liqueurs and cordials exports from Israel shrank significantly to 36K litres in 2022, reducing by -39.8% against 2021. In general, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports reached the peak of 60K litres, and then reduced sharply in the following year.
In value terms, liqueurs and cordials exports contracted sharply to $229K in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $402K, and then dropped remarkably in the following year.
| Export of Liqueurs and Cordials in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 239 | 222 | 300 | 156 | -13.3% |
| United Kingdom | 68.0 | 68.0 | 66.0 | 65.0 | -1.5% |
| Belgium | 6.0 | N/A | 11.0 | 4.0 | -12.6% |
| France | 15.0 | N/A | 8.0 | N/A | -27.0% |
| Australia | 13.0 | 3.0 | 11.0 | N/A | -8.0% |
| Others | 7.0 | 10.0 | 6.0 | 4.0 | -17.0% |
| Total | 348 | 303 | 402 | 229 | -13.0% |
Top Export Markets for Liqueurs and Cordials from Israel in 2022:
- United States (24.5K litres)
- United Kingdom (10.2K litres)
- Belgium (0.6K litres)
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