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Edible Oils in Azerbaijan

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    Report

  • 19 Pages
  • November 2023
  • Region: Azerbaijan
  • Euromonitor International
  • ID: 4472531
In 2023, sunflower oil is witnessing moderate growth in retail volume terms compared to 2022 as unit prices fall. By some distance, it is the largest type of edible oil and is traditionally the cheapest oil per unit in Azerbaijan. The decrease in retail prices in 2023 is linked to falling prices of sunflower oil on a global level. Consequently, after two years of double-digit current value growth, there has been a decline in 2023.

The Edible Oils in Azerbaijan report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Corn Oil, Olive Oil, Other Edible Oil, Palm Oil, Rapeseed Oil, Soy Oil, Sunflower Oil.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Edible Oils market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

EDIBLE OILS IN AZERBAIJANKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Lower sunflower oil prices lift retail volume sales
  • Corn oil is stagnating amid price competition from sunflower oil
  • Affluent consumers opt for healthier olive oils
PROSPECTS AND OPPORTUNITIES
  • Edible oils to remain primary ingredient in local cooking
  • Oil mixes to remain a relatively inexpensive alternative
  • Locally produced olive oil to increase retail value share
CATEGORY DATA
  • Table 1 Sales of Edible Oils by Category: Volume 2018-2023
  • Table 2 Sales of Edible Oils by Category: Value 2018-2023
  • Table 3 Sales of Edible Oils by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Edible Oils by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Edible Oils: % Value 2019-2023
  • Table 6 LBN Brand Shares of Edible Oils: % Value 2020-2023
  • Table 7 Distribution of Edible Oils by Format: % Value 2018-2023
  • Table 8 Forecast Sales of Edible Oils by Category: Volume 2023-2028
  • Table 9 Forecast Sales of Edible Oils by Category: Value 2023-2028
  • Table 10 Forecast Sales of Edible Oils by Category: % Volume Growth 2023-2028
  • Table 11 Forecast Sales of Edible Oils by Category: % Value Growth 2023-2028
COOKING INGREDIENTS AND MEALS IN AZERBAIJAN
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2023: The big picture
  • Key trends in 2023
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 12 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
  • Table 14 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
  • Table 16 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
  • Table 17 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
  • Table 18 Penetration of Private Label by Category: % Value 2018-2023
  • Table 19 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
  • Table 20 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources