Cooking oil purchases up in 2003

Olive oil and declared rapeseed oil increased

Cooking oil consumption in German private households rose in 2003, and at 145,3 million liters the quantity purchased was 2,8 percent higher than in the previous year. With a share of 34 percent, sunflower oil continued to play the most important role in the range, but lost one percentage point compared to the previous year. Vegetable oils with an undeclared composition also held a high market share at 23 percent, but this was three percentage points lower than in 2002. Rapeseed oil is often used for these vegetable oils, but this is not apparent to the consumer.

Olive oil claimed third place in the edible oil segment last year with a share of 20 percent, two percentage points more than the year before. Safflower oil and corn oil held their ground at seven percent and five percent, respectively.

Rapeseed oil is increasingly being offered as an expressly declared commodity, and its share increased by two percentage points to six percent of the market last year. At an average of EUR 2,97 per liter, rapeseed oil is cheaper for consumers than olive oil, which costs an average of EUR 3,89 per liter at the retail level, but it is more expensive than safflower oil (EUR 2,01) and corn oil (2,57 .1,21 euros). Vegetable oils are in the lower price range with an average of EUR 1,13 per liter and sunflower oils with EUR XNUMX per liter according to the results of the ZMP/CMA raw data analysis based on the GfK household panel.

Source: Bnn [ zmp ]