Edible Oils

Following multiple lockdowns as a result of the pandemic, a large proportion of the German population had to work remotely for almost two years and restaurants closed for months at a time, meaning that consumers were forced to cook more frequently at…

Following a positive performance in 2020 when many local families were forced to spend prolonged time at home as a result of the pandemic, retail demand for edible oils marginally declined in 2022 in line with a further shift to foodservice as India…

Edible oils such as sunflower and rapeseed oil continue to be staple items in Austrian households. In the first year of the COVID-19 pandemic, demand for these oils soared due to stockpiling and home seclusion. However, sales have been on the decline…

Retail current value sales of edible oils are expected to record dynamic double-digit growth in 2022, continuing the upwards growth trajectory seen in the previous two years. This is because inflation has accelerated price increases, resulting from…

2022 saw the unit price of edible oils increase at a rate well above the rate of general inflation in Uruguay. These price increases were driven mainly by the rising commodity price of grains and edible oils at global level, which can be seen as a…

In 2022, retail value sales of edible oils are set to see double-digit growth. Inflationary pressures are a key contributor to this strong value increase, while volume sales are predicted to decline. Due to the high increase in retail prices,…

Following two years of robust growth, overall retail volume sales of edible oils in Poland are set to decline sharply in 2022. The contraction is partly explained by the fact that Poles are now cooking at home less frequently as more people go back…

Globally, the value of edible oils has increased 46.5% in the last 12-months, according to the Food Price Index of the Food and Agriculture Organization of the United Stated (FAO). In Latin America, oil inflation over this period covers a wide range…

During 2022, edible oils remained a stable and saturated category of products that are in high demand and considered to be essential staples in all Lithuanian kitchens. Nonetheless, maturity of demand and the pressure on household spending that has…

Edible oils hugely benefitted from the pandemic lockdowns in 2020. With people spending more time at home, they did more home cooking, and edible oils registered doble-digit current value and volume growth. The picture is different in 2022, with…

2022 saw major changes in the edible oils consumption patterns of Serbian consumers as significant numbers of people who would ordinarily consume high volumes of sunflower looked to other types of edible oils as key background trends put pressure on…

The price points of edible oils has increased rapidly in 2022, due to limited supply causing increased demand. Supply bottlenecks of sunflower oil, following Russia’s invasion of Ukraine, and of palm oil, are two factors contributing to this dynamic.…

Edible oils experienced record unit price increases in 2022, particularly in sunflower oil and rapeseed oil. This was caused by supply shortages which in turn forced consumers to switch to other categories of edible oils. Nonetheless, despite the…

Edible oils experienced an increase in retail demand in 2020 due to long periods of social isolation during the pandemic, and additional access to funds provided by the federal government’s financial emergency aid and distributed to financially…

Cooking oil is expected to register high current value growth, though volume growth will be much more moderate. Global inflationary pressures due to the war in Ukraine are feeding into higher retail prices and dampening volume demand somewhat. All…

Economic pessimism has led to a significant deterioration in consumer confidence in 2022, and the rising cost of living has impacted household spending, with this contributing to slower retail volume growth for edible oils in this year. Inflationary…

Olive oil dominates edible oils in Italy, accounting for more than half of total volume sales in 2022. Following a decline in retail current value sales in 2020 and 2021, olive oil saw positive growth in 2022, although this was due to inflationary…

Edible oil is expected to record stable retail volume growth in 2022. Current volume sales of edible oils increased during the outbreak of COVID-19. Lockdowns and ongoing restrictions meant consumers were spending more time in the home, cooking…

The government decided to abolish the ceiling price for edible oils, effective from 1 July 2022. The government implemented a temporary ceiling price for cooking oil, especially for blended cooking oil and palm oil, in the bottle format in August…

The resumption of cross-border trade and international travel has adversely affected retail volume sales of edible oils in the Norwegian market in 2022. Additionally, the edible oils category has suffered from Norwegians cooking less from scratch and…