Braking of extra virgin olive oil in Italian supermarkets

Braking of extra virgin olive oil in Italian supermarkets
Braking of extra virgin olive oil in Italian supermarkets
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In the first six months of 2022, sales at large-scale distribution fully reflected the problems described above with respect to the increase in the prices of both raw materials and other goods and services along the other stages of the supply chain.

It is not surprising, therefore, that a decrease in the volumes purchased in the modern distribution formats is observed in consumption in the face of increases in the unit sales prices of the various products.

With regard to volumes, it should also be noted that the end of the restrictions due to the pandemic have brought people back to eating away from home and this has inevitably reduced domestic purchases.

The reduction in volumes accompanied by the increase in prices is common to almost all segments of the sector in question with seed oils showing the greatest difference between the negative variation in quantities and the positive variation in prices.

The only exception is pomace oil which instead shows all positive variations, but the weight of this product in the shopping basket is very limited.

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A positive note is also related to extra virgin olive oil whose negative decline in volumes sold (-3.5%) is below both the average of the “vegetable fats” sector (-7.5%) and of all oils olive oil (-3.7%).

The article is in Italian

Tags: Braking extra virgin olive oil Italian supermarkets

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