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CalcalistEconomy

Israel Launches New Tender to Lower Yellow Cheese Prices

Translated & summarized from Calcalist by baba

BusinessNeutral tone

Hebrew · 2 newsrooms covering

Israel's Ministry of Economy and Industry is issuing a tender to import 5,900 tons of yellow cheese duty-free in 2027 to lower consumer prices. The tender includes incentives for importers to offer the lowest prices, with a portion allocated as a bonus. Previous tenders have led to prices between NIS 2.90 and NIS 4.50 per 100 grams, and the program was recently expanded to include smaller stores.

The story in 6 lines · by baba

  • Israel plans to import 5,900 tons of yellow cheese duty-free in 2027 to reduce consumer costs.
  • The tender aims to encourage competition among importers for the lowest consumer prices.
  • A significant portion of the cheese will be allocated to importers committing to the lowest prices.
  • The ministry increased a bonus quota to further incentivize lower pricing.
  • Previous tenders resulted in prices ranging from NIS 2.90 to NIS 4.50 per 100 grams.
  • The import program was recently expanded to include convenience stores and minimarkets.
Israel Launches New Tender to Lower Yellow Cheese Prices
Editorial illustration generated by baba News, not a photograph of the event.

Israel's Ministry of Economy and Industry has announced a new tender to import 5,900 tons of yellow cheese duty-free in 2027, aiming to foster price competition for consumers. The majority of this quantity, approximately 4,070 tons, will be allocated to importers who commit to selling the cheese at the lowest possible price, both at deli counters and pre-packaged on shelves. An additional bonus quantity will be awarded to importers offering the lowest prices, without a maximum price commitment for this extra amount. The ministry has increased the bonus quota in this tender to incentivize importers to offer more competitive prices on the main quantity. Officials hope this incentive will help maintain competitive consumer prices, despite global cheese market price increases.

Previous competitive tenders have resulted in prices ranging from NIS 2.90 to NIS 3.40 per 100 grams at delis, and NIS 3.00 to NIS 3.50 per 100 grams for packaged cheese. In August, the ministry expanded the quota program to include owners of convenience stores and minimarkets without deli counters. In a prior tender, 880 tons of duty-free yellow cheese were distributed to Global Retail, which operates the Carrefour chain in Israel, and Euro Dairies. These companies committed to selling the cheese at up to NIS 4 per 100 grams in their chain stores and up to NIS 4.50 per 100 grams at other retail points.

CalcalistOther · Tel Aviv

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