Economy Ministry Launches Cheese Import Quota Competition for 2027
Translated & summarized from NEWSru Israel by baba
Israel's Ministry of Economy is holding a tender for duty-free import quotas of 5,900 tons of cheese for 2027. The competition aims to ensure low consumer prices, with a portion of the quota tied to price commitments and the rest as a bonus. The ministry will monitor retail prices to confirm savings reach consumers.
The story in 6 lines · by baba
- Israel's Economy Ministry announced a tender for 5,900 tons of duty-free cheese imports for 2027.
- The tender aims to secure the lowest consumer prices for hard and semi-hard cheese varieties.
- A significant portion of the quota requires importers to offer the lowest prices to consumers.
- A bonus quota will be awarded to top bidders without a maximum consumer price obligation.
- Previous tenders resulted in prices significantly lower than leading brands.
- The Ministry will conduct checks to ensure price reductions reach consumers.
Israel's Ministry of Economy has announced a tender process to allocate quotas for the duty-free import of 5,900 tons of hard and semi-hard cheese for the year 2027. Approximately 4,070 tons will be distributed among importers who commit to offering the lowest prices to consumers, both in deli sections and pre-packaged on store shelves. The remaining volume will be allocated as a bonus quota.
Previous tender procedures have resulted in significantly low consumer prices, ranging from 2.90 to 3.40 shekels per 100 grams at delis and 3.00 to 3.50 shekels per 100 grams in stores, which are tens of percent lower than leading brands. For the current tender, the quota committee has increased the bonus quota, which does not require adherence to a maximum consumer price but is granted to winners who offered the lowest prices.
The Ministry plans to conduct regular checks in retail chains to ensure that the price reductions are passed on to consumers.
