The strong growth of olive oil is expected to continue across the forecast period in both retail volume and current value terms. This is thanks to the heightened health- and immunity-consciousness that consumers will retain in the aftermath of the pandemic.
Price sensitivity will continue across the forecast period whilst the local economy and household budgets remain in recovery from the COVID-19 pandemic and the financial effects of the war in Ukraine. It is expected that most Czech consumers will continue seeking to purchase edible oils at special price discounts or look for cheaper products.
Other edible oils has good potential over the forecast period and is anticipated to experience continued, albeit not steep, growth. Although other edible oils such as sesame oil, rice oil, avocado oil, pumpkin oil, hazelnut oil, and coconut oil will gain a wider consumer base, blends of rapeseed oil and sunflower oil with other oils (which are included under other edible oils) will continue to decline.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Czech Republic with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Edible Oils industry in Czech Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Edible Oils
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 DefinitionsThis report originates from Passport, our Edible Oils research and analysis database.
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