Froneri Israel to Raise Ice Cream Prices Starting December 1
Translated & summarized from Cursorinfo by baba
Froneri Israel will increase prices on Nestle ice cream brands starting December 1 due to rising production and logistics costs. Popular items like "Экстрим" and Mini Oreo will see price hikes of nearly 7%. This winter price increase follows similar moves by other Israeli ice cream companies in previous years.
The story in 5 lines · by baba
- Froneri Israel will raise prices on Nestle ice cream brands starting December 1.
- The average price increase will be 2.8%, with some products rising by almost 7%.
- Rising costs of raw materials, production, and logistics are cited as the reasons for the price hike.
- Specific popular products like "Экстрим" and Mini Oreo will see significant price increases.
- Industry experts consider winter price hikes for ice cream a standard practice in Israel.
Froneri Israel, the manufacturer and distributor of Nestle ice cream in Israel, has announced a price increase set to take effect on December 1. The company attributes the hike to rising costs of raw materials, production, and logistics. The average price increase will be 2.8%, with some popular products seeing a nearly 7% jump.
Specific price adjustments include the "Экстрим" (Extreme) ice cream pack rising from 27.76 to 29.65 shekels (a 6.8% increase), and Mini Oreo packs going from 17.90 to 19.10 shekels (a 6.7% increase). A pint of Milka and Oreo will increase from 15.90 to 16.90 shekels (6.3%), and the "Ла Кремерия" (La Creameria) family size will go from 20.49 to 21.49 shekels (4.9%). These figures represent wholesale prices before VAT and retail markups, meaning the final cost to consumers in supermarkets could be even higher.
Industry experts note that raising ice cream prices during the winter, despite lower demand, is a common practice among Israeli manufacturers. Last year, in November 2023, Strauss similarly increased its prices by an average of 4.8%, with some items up to 9%. Nestle followed suit with a price hike of up to 9%, and in December 2023, Feldman and Ben & Jerry's raised their prices by approximately 5%.
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