Understand the key trends shaping demand and future opportunities...
Understand the key trends shaping demand and future opportunities across industries in Eastern Europe, with the latest regional and country-level analysis and market statistics.
Further strong value growth is expected in 2021 for edible oils in Eastern Europe. However, while growth in 2020 was mainly driven by more home-cooking due to the Coronavirus (COVID-19) pandemic, the 2021 value sales increase will be predominantly…
Olive oil recorded the fastest value and volume growth in 2023 as more Estonians adopt a healthy diet. Consumers have become more mindful of the food and ingredients they consume, leading many to opt for healthier edible oils such as olive oil.…
Sunflower oil steadfastly maintains its pre-eminence within edible oil in Georgia, not only in volume but also in the value terms, substantially surpassing olive and corn oil's market shares in 2023. The overall category is driven sunflower oil.
The market for edible oils continues to be dominated by sunflower oil, global prices of which skyrocketed in 2022, following Russia’s invasion of Ukraine, the world’s leading producer. While Hungary produces enough sunflower oil to satisfy its…
Conditions markedly improve for the consumer in terms of edible oils in 2023. In 2022, the war in Ukraine caused edible oil prices to skyrocket in Lithuania, due to Ukraine being one of the main suppliers of sunflower oil globally. In 2023, the…