Rapeseed oil remains most popular cooking oil

23-Jun-2023 - Germany

This is followed by sunflower and olive oil. Hoarding purchases led to short-term supply bottlenecks for edible oils in 2022.

OVID, Verband der ölsaatenverarbeitenden Industrie in Deutschland e.V.

Rapeseed oil will remain the most popular cooking oil among Germans in 2022. Around 87 million liters of rapeseed oil were consumed by private households last year. This means that around one in three edible oil bottles sold contained rapeseed oil.

"Rapeseed oil has been the Germans' most popular cooking oil for years. And for good reason!", knows OVID president Jaana Kleinschmit von Lengefeld. "Due to its balanced and broad spectrum of fatty acids, rapeseed oil is the healthiest oil and versatile, the plant thrives in Germany and the oil is produced in this country. This convinces many consumers at the counter."

This was followed by sunflower oil with 66 million liters and olive oil with 42 million liters. Coconut oil and other edible oils hardly played a role, each accounting for less than two percent of total consumption in 2022. Overall, Germans bought around 223 million liters of cooking oil last year, around seven percent less than the year before.

Due to the Ukraine conflict and concerns about supply shortages, there were hoarding purchases in March 2022. Sales of edible oil rose by almost two-thirds compared to previous months - a logistical challenge for retailers. Demand calmed down in April. Later in the year, uncertainty, tight market supply and high energy costs caused price increases for rapeseed and sunflower oil.

The figures are based on an analysis by Agrarmarkt Informations-Gesellschaft (AMI) and on the GfK household panel.

Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.

https://www.yumda.com/en/news/1180883/rapeseed-oil-remains-most-popular-cooking-oil.html