- Premium cold-pressed oils, such as olive oil, generally trade between USD 15 per liter (L) to USD 20/L across the countries investigated. However, olive oil is more expensive in some countries, crossing the USD 20/L average in countries such as the United States (US), where it trades at an average of USD 25.82/L.
- Refined cooking oils generally sell for between USD 2.5/L to USD 4/L across the countries investigated, except Germany, where refined oils trade at USD 6/L on average. The primary reason for the high prices of refined oils in Germany is that a large portion of refined oils are produced using organic production practices.
- Edible oils in Japan are sold in smaller quantities compared to many Western countries, and are often sold in multi-package solutions. This highlights the Japanese consumers’ preference for buying in bulk but still choosing smaller individual packaging solutions.
Key Takeaways
Market Trends
Actionable Recommendations
Global Trends
Industry News
Top Products and Trends by Country
- United States
- United Kingdom
- Japan
- Korea
- Germany
- France
- Italy
- Australia
Trade4go
Aug 13th, 2024
