Nestle Ice Cream Prices to Rise by Up to 6.8% in Israel

The Israeli ice cream company Froneri, which markets Nestle brands such as Crunch, Extreme, La Frutta, Cookilida, and La Creamery, will increase prices by an average of 2.8% and up to 6.8% starting next month. The company cited rising input and production costs as the reason for the price hike. In a message to its customers, Froneri stated that ongoing increases in shipping costs and production expenses necessitate a price adjustment for retailers, which it described as "proportionate, averaging 2.8% and only partially compensating for the price increases."

This latest price increase follows similar hikes by the company in December of last year, when prices for brands like La Creamery, La Frutta, Extreme, and Crunch rose by up to 9%. In December 2024, the company also implemented price increases of up to 9%, about six months after a 6.3% average price hike in May 2024. The announcement comes before the start of the ice cream season, which occurs during the winter months, to allow distributors to stock shelves in anticipation of spring.

Historically, Nestle ice cream price increases have often coincided with similar rises from Strauss (now Magnum Ice Cream), as well as brands like Feldman and Ben & Jerry's. The ice cream price adjustments occur shortly after egg prices, which are under price control, increased by 2.1% earlier this month. This added approximately 27-33 agorot per dozen eggs, depending on size, bringing a dozen large eggs to 14.54 shekels and medium eggs to 13.4 shekels. Previously, flour producers announced a roughly 14% increase in flour prices for bakeries and manufacturers due to a surge in wheat prices, a basic commodity that could trigger further price hikes.