Key Market Indicators
Israeli wine consumption is projected to reach approximately 12,500 metric tons by 2028, up from 10,000 metric tons in 2023. This represents an average annual growth rate of 3.3%. Since 2019, Israeli demand for wine has grown at an average rate of 4.6% per year. In the global context, Israel ranked 63rd in wine consumption in 2023, with Panama narrowly surpassing it at 10,000 metric tons. Leading the list were France, the United States, and Italy, occupying the second, third, and fourth positions, respectively. In stark contrast, Israeli wine production is set to decline significantly. By 2028, production is expected to fall to approximately 480 metric tons, down from 1,620 metric tons in 2023. This marks an annual decrease of 19%. Historical trends show that since 1966, Israeli wine production has been decreasing at an average rate of 10.3% per year. In 2023, Israel ranked 58th in wine production, with Malta slightly ahead at 1,620 metric tons. The leading producers in this category were France, Spain, and the United States, holding the second, third, and fourth positions, respectively.
