Edible Oils

India is heavily dependent on imports to meet the need for the domestic consumption of edible oils. Because of increases in prices in the international market due to the pandemic, imports of edible oils were negatively impacted. It is expected that…

After seeing a particularly strong retail volume increase in 2020, sales of edible oils are expected to turn to slight decline in 2021. As foodservice outlets were temporarily closed due to COVID-19 and people stayed at home during the worst of the…

One of the most important trends across edible oils during 2021 was the increasing consumer interest in more expensive types of edible oils and, in particular, brands that present themselves as a premium option. Among the key category players to…

Olive oil accounts for the majority of value sales of edible oils in Greece, due to the extensive local production. However, with bad weather and lack of foreign workers due to lockdowns, olive yield is down, which is expected to lead to a 30%…

Having slowed significantly during 2020, the rate of growth in retail volume sales of edible oils exhibited no more than a modest acceleration in 2021. Economic conditions remained very difficult, particularly during the first half of the year, as…

Although edible oils registered declining volume and value sales in 2021, this was largely due to sales returning to regular levels after the extremely strong performance recorded in the category in 2020. This was mainly due to the limited consumer…

Having surged during 2020, as worried consumers responded to COVID-19 by stocking up on these products, retail volume sales of edible oils declined during 2021. However, they remained well above their pre-pandemic (2019) level. Edible oils play an…

The sunflower oil format remains the dominant edible oil in Bulgaria, representing the vast majority of the entire category. Despite its enormous price increase in 2021, sunflower oil continues to be the most preferred traditional type of cooking oil…

In February 2021, the Chilean government rolled out its vaccination programme with the aim of reaching the majority of the local population. Chile’s vaccination programme to combat COVID-19 is considered to be one of the most successful in the world,…

Retail volume sales of edible oils are returning to a more regular performance in 2021 after the major changes of 2020. In 2020, sales of edible oils, mainly sunflower oil, were boosted by rising consumer demand due to increased home cooking during…

Retail sales in edible oils are seeing a slump in 2021, following the boost seen in 2020 due to pandemic-related lockdowns and foodservice closures, thus leading to consumers cooking at home more often, along with the absence of cross-border trade…

In 2021, edible oils is anticipating lower current value growth than was seen the previous year, while retail volume is expected to contract. The performance of edible oils is largely driven by sunflower oil which is the most popular in the country…

The still quite new category of rapeseed oil is expected to continue to post the fastest retail volume and current value growth over 2021. While growing from a relatively low base, the accelerated health and robust home-cooking trends in the wake of…

In 2021, there is less stockpiling of edible oils than there was during the COVID-19 outbreak in 2020, despite ongoing home seclusion, due to the return to normality. Palm oil continues to dominate sales of edible oils in Malaysia, with the country…

Rapeseed oil was the largest category in value terms in Japan for decades, until losing its position to olive oil in 2018. However, in 2020 rapeseed oil regained its leading position in terms of value sales within edible oils. Consumers in Japan…

In 2021, voluntary home confinement continued as the Coronavirus (COVID-19) pandemic remained a significant threat to health. There were intermittent restrictions to foodservice establishments (capacity and operation schedules). Moreover, in 2021,…

Following the spike in retail volume and current value sales in 2020, edible oils has continued to see strong growth in 2021. The Coronavirus (COVID-19) lockdown and other restrictions on consumer mobility, as well the closure of foodservice outlets,…

Edible oils experienced double-digit current value growth in 2020, along with very healthy volume growth, as consumers cooked more at home due to lockdown. In 2021, with society opening up and foodservice beginning to recover, volume sales are…

Both retail volume and current value sales of edible oils continued to expand at a moderate pace during 2021. There was a degree of stockpiling during the second quarter of 2020 due to COVID-19, but this was balanced by a decline in demand later in…

The turnover of the members of the Association of Oilseed Refiners of Cameroon (Asroc), which controls over 85% of the market share of vegetable oil in Cameroon, fell significantly in 2020, with March of 2020 recording a peak drop of 40%. This was as…