Category: Oils & Fats
Europe Oils & Fats
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Edible Oils in Lithuania
... oil prices have remained relatively stable, olive oil has presented some unexpected challenges. Euromonitor International's Edible Oils in Lithuania report offers in-depth knowledge of the market at a national level, providing local insight and understanding ... Read More
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Edible Oils in Slovakia
... retailer smartphone apps, and online platforms to find more favourable prices. Additionally, buying in bulk became increasingly common, with larger pack sizes appealing to consumers looking for better value for money. Euromonitor International's Edible Oils ... Read More
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Edible Oils in Hungary
... environment. Following the dramatic price hikes in 2022 after Russia’s invasion of Ukraine, which significantly affected global sunflower oil prices, the local market faced challenges, including currency devaluation that made exports more appealing to foreign ... Read More
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Edible Oils in the Czech Republic
... in 2024. The demand for some edible oils was supported by price decreases in the first half of the year amid a downward change in VAT (value-added tax) from 15% to 12%. This change in ... Read More
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Cooking Ingredients and Meals in Slovakia
... spending on essential areas during a time of ongoing inflation. In response, brands installed regular promotions and price discounts, gaining ground despite weak consumer sentiment and economic challenges. Euromonitor International's Cooking Ingredients and Meals in ... Read More
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Cooking Ingredients and Meals in Hungary
... pressures, these are significantly easing compared to the high levels experienced in 2022 and 2023. Besides higher energy costs, prices were pushed up by supply chain disruptions, due to the ongoing war in Ukraine. As ... Read More
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Cooking Ingredients and Meals in Norway
... sales for much of the review period, first due to the pandemic and then the cost-of-living crisis and then to high inflation, although the latter has not had as much impact on volume sales. Norwegians ... Read More
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Edible Oils in Portugal
... pushed up prices. Despite being a large producer of olive oil, the country does not have sufficient capacity to impact the global price of olive oil. Spain has the strongest influence on global prices as ... Read More
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Edible Oils in Romania
... 20% mark-up on sunflower oil (in formats up to 2 litres) between July and September 2023, which was later extended until the end of 2024. Sunflower oil was among a group of basic products subject ... Read More
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Edible Oils in Croatia
... product type is widely used in local recipes and considered by many to be the best choice for frying and cooking. However, the high level of demand also reflects the fact that sunflower oil is ... Read More
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Edible Oils in Spain
... subcategory has faced high prices due to low production, though the numbers for 2024 are expected to improve compared to the previous year, thanks to a rainy March in Spain that favoured the harvest. Despite ... Read More
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Cooking Ingredients and Meals in Romania
... fall, average prices continued to rise in 2024, except for vegetable and seed oil where prices declined. Consumption of cooking ingredients and meals has declined due to the price rises, while current value sales maintained ... Read More
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Cooking Ingredients and Meals in Portugal
... channel benefitting from a stronger propensity to eat out. Nonetheless, the cost of living remains high for many locals. Euromonitor International's Cooking Ingredients and Meals in Portugal report offers in-depth knowledge of the market at ... Read More
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Edible Oils in Ireland
... to supply shortages and skyrocketing prices, while substitute products such as rapeseed oil and other edible oils saw increased volume sales. Supply continues to be impacted by lower production in Eastern European countries such as ... Read More
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Edible Oils in Norway
... adverse weather conditions in key producing regions, such as Spain, and the war in Ukraine’s impact on sunflower production, are affecting prices, resulting in further volume decline and changing purchasing habits. However, while the disruptions ... Read More
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Cooking Ingredients and Meals in the Czech Republic
... 2023, Czech households experienced economic stabilisation. Edible oils, after a fast decrease in retail volume sales in 2023, witnessed a rebound in 2024. This performance was underpinned by the growing demand for the most popular ... Read More
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Cooking Ingredients and Meals in Croatia
... On a positive note, inflation has eased. In addition, increasing numbers of tourists is expected to lead to a seasonal boost during the summer months. Also, tourists staying in self-catering accommodation such as Airbnb generally ... Read More
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Cooking Ingredients and Meals in Lithuania
... returning to normal. As inflation is no longer a major concern, consumers are increasingly willing to spend in 2024. Unlike other regional markets, consumer confidence in Lithuania remains high, creating a more stable foundation for ... Read More
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Cooking Ingredients and Meals in Ireland
... sunflower oil, which account for the majority of sales in this category. As a result, demand for rapeseed oil, which is mainly produced in the UK and Ireland, and other alternative oil types increased. Euromonitor ... Read More
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Cooking Ingredients and Meals in Spain
... growth in key categories such as olive oil. In terms of volume, the development is uneven. Edible oils sales are stagnating as Spaniards reduce their consumption of olive oil due to its very high prices ... Read More
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Cooking Ingredients and Meals in the United Kingdom
... but food inflation has eased compared to the sharp increases of 2022 and 2023. While unit price growth for kitchen staples such as edible oils, jams, and pasta sauces is slowing, climate challenges continue to ... Read More
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Edible Oils in the United Kingdom
... for olive oil has been extreme weather, especially the prolonged drought in key olive-producing countries such as Spain, Italy, Portugal, and Greece, which has severely reduced olive oil production. Spain, the world's largest producer and ... Read More
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Edible Oils in Finland
... seen in olive oil globally. Indeed, climate conditions have negatively affected olive oil production and supply in some of the most notable producing countries, thus leading to scarcity and, in turn, price hikes. Therefore, many ... Read More
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Cooking Ingredients and Meals in the Netherlands
... faced ongoing challenges, including rising labour costs, higher packaging expenses, and the escalating prices of raw ingredients, prompting them to adjust their prices to maintain profitability. Euromonitor International's Cooking Ingredients and Meals in Netherlands report ... Read More
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Cooking Ingredients and Meals in Italy
... curbed the purchasing behaviour and levels of many households in Italy, many of whom continued to experience financial difficulties. Against the backdrop of ongoing economic and financial uncertainty, the search for cooking ingredients and meals, ... Read More
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