developing· Economy· Updated
Nestle Ice Cream Prices to Rise in Israel Starting December 1
Froneri, the Israeli distributor of Nestle ice cream, has informed supermarket chains that it will raise prices in Israel starting December 1, 2026. The company cited rising shipping costs, increased input expenses, and production costs as the reasons for the hike. The average price increase will be 2.8%, with some products seeing jumps of up to 6.8%.
3 newsrooms · 1 language · since
What happened
- 01Nestle ice cream prices in Israel will increase by an average of 2.8% and up to 6.8% starting December 1, 2026.
- 02The distributor, Froneri, cited rising shipping, input, and production costs as the reasons for the price adjustment.
- 03The Extreme family pack supplier price will rise by 6.8% from NIS 27.76 to NIS 29.65 before VAT and retailer markup.
- 04La Cremeria family packs and Oreo and Milka pint containers will each increase in price by one shekel.
- 05The price hike is strategically timed for the winter low-demand season to minimize immediate consumer backlash.
- 06The Israeli ice cream market is valued at approximately NIS 1.125 billion annually, and competitors may follow Nestle's lead.
- 07This adjustment follows multiple price increases by Froneri over the past year, including a 9% hike last December.
Specific price adjustments include the Extreme family pack rising from a supplier price of NIS 27.76 to NIS 29.65, and the Oreo mini pack increasing from NIS 17.90 to NIS 19.10, before VAT and retailer markup. Additionally, La Cremeria family packs and Oreo and Milka pint containers will each rise by one shekel. The steepest increases are concentrated on strong brands, which Calcalist and Maariv note occurs alongside recent price hikes for other basic goods like eggs and flour.
The price adjustments are strategically timed for the winter months when consumer demand is lower, which Maariv reports is intended to minimize immediate public backlash. This move follows multiple price hikes by the company over the past year, including increases of up to 9% in December of last year. The Israeli ice cream market is valued at approximately NIS 1.125 billion annually, and Nestle's price leadership could signal broader industry-wide hikes by competitors in the coming months.
Summarized by baba from the reports of 3 newsrooms. Updated
Latest report: i24NEWS. Read i24NEWS’s originalThe coverage
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