Market research on the cooking ingredients and meals industry. St...
Market research on the cooking ingredients and meals industry. Standardised and cross-comparable statistics including total market sizes, market share and brand performance, distribution and industry trends.​ Insight and data cover edible oils, ready...
Sales in edible oils continued to stabilise in 2023 in Austria, following the era of price hikes and supply disruptions. That said, the return to foodservice does somewhat place downwards pressure on potential sales, when compared to the era of home…
Edible oils in Singapore continues to face significant disruptions in 2023, caused by climate change and geopolitical risks. While there has been an improvement in demand compared to 2022, the higher average unit price of edible oils continues to…
The edible oils category experienced another year of decline in 2023, both in volume and value terms, following contraction in the previous year. The fact that the CPO (crude palm oil) price had not yet fallen was a key reason for this performance.…
In 2023, the sales volume of edible oils experienced a decline, partially offset by the return to normal routines and a growing demand in the foodservice channel. The normalisation of dining in and travel activities during 2023 boosted demand from…
Retail volume sales of edible oils in India suffered in 2021 and the first half of 2022 due to disrupted global supply chains and high global inflation. Since India imports more than 50% of its edible oil requirements, there were spikes in retail…
In 2023, inflation still had a notable impact on edible oils in Germany, leading to elevated prices and changes in consumer behaviour. Factors such as rising labour costs, fuel prices and agricultural inputs contributed to higher production expenses…
Despite the government’s efforts, subsidised edible oil continues to experience shortages in several regions in Tunisia, which is impacting lower income consumers as they are more likely to buy subsidised oil. The significance of the Ministry of…
There was a poor olive oil harvest in Morocco, in 2022 due mainly to water shortages during winter (January-March). This resulted in reduced flowering and affected the harvest. Moreover, Morocco witnessed the blow of hot arid winds (Chergui) from the…
The Irish population’s experience of the significant trend towards health and wellness has increased health consciousness and had a profound impact on consumer preferences within edible oils. Consumers have displayed a growing understanding of and…
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…
In 2023, the price of edible oil in Ecuador has stabilized following the soaring prices witnessed in 2022. Global oil prices have decreased and the emergence of hard discount chains, such as Tuti, are fostering greater price competition, with other…
Following a sharp contraction in 2022, overall retail volume sales of edible oils in Croatia have rebounded strongly in 2023. The return to growth has been underpinned by the stabilisation of unit prices, which had risen dramatically the previous…
With significant price pressures on palm oil, the government agreed an official price with industry stakeholders in 2022, of FCFA1,500 per litre, though there has had to be a degree of rationing. Discussion are still ongoing regarding Cameroon’s…
Price increases of edible oils in Mexico stemming from widespread inflation seen in 2022 persist; however, these are generally slower in 2023. According to Euromonitor International's Voice of the Industry: Food Survey 2023, 90% of the food industry…
The recent trajectory of edible oils in Brazil brings with it dynamics influenced by both the consumption of a product predominantly manufactured abroad, such as olive oil, and by its commodity-like characteristics, as seen in soy oil. The average…
Pressure on households budgets is driving many Uruguayans to cross the border into Argentina and buy edible oils, alongside other grocery items, at a cheaper price. According to industry sources, edible oil retail prices are up to 70% cheaper in…
In 2023 edible oils is suffering from high unit prices and rising production costs as a result of the ongoing war in neighbouring Ukraine, driving up value sales. Volume sales growth, meanwhile, is undermined thanks to dwindling purchasing power. The…
Sunflower oil prices continued to rise in 2023 boosting current value sales, although consumption has fallen, with retail volume sales registering a second year of decline. Sunflower oil has been losing share in terms of retail volume sales, as olive…
In the first half of 2023, concerns and misconceptions arose regarding the importation of sunflower oil into Poland, primarily due to geopolitical issues and trade restrictions. The Minister of Agriculture clarified that sunflower oil was not,…
Peru has been experiencing a sustained increase in prices since 2021, with prices growing most rapidly in 2022 but continuing to rise in 2023. Although Peru is a country that has strong local brands, many of the final products and supplies are…