Edible oil is set to remain stable across the forecast period. Following the outbreak of COVID-19, consumers are expected to cook less, especially from scratch, with a growing interest in ready or partially ready meals impacting current value sales.
Across the review period, the interest in olive oil increased in Belgium. This trend is set to remain as the growing appeal and interest in Mediterranean cuisine, continues in in Belgium.
Products delivered as imports to Belgium from outside of the EU suffered during the pandemic. For instance, COVID-19 brought difficulties in logistics from Indonesia – the main palm oil supplier – to Belgium.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.See All of Our Definitions
This report originates from Passport, our Edible Oils research and analysis database.
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