Consumers paid an extra 33% for dairy products due to strict import restrictions. In a Free Trade environment, Israeli families would save 1139 NIS a year on their dairy supermarket bill
Why are bananas so expensive?
Local producers are protected by import restrictions that reduce competition and drive the price higher. On average from 2014 to 2018, Israelis paid an extra 90% for their banana
Costly Agricultural Subsidies
An average household at the bottom 20% of the income distribution spends an extra 1,166 shekels a year on food expenditure due to agricultural subsidies. Reducing indirect subsidies could save Israeli consumers up to 3 billion Shekels annually.