Due to the Israel-Hamas war and global shortages in olives due to poor harvests, olive oil prices are expected to continue rising over the forecast period. The government is also planning tax increases in 2025, including an increase in VAT from 17% to 18%, which will increase prices on all consumer products.
Government relations between Israel and Turkey have deteriorated over 2024. As such, Turkey announced that it will no longer export goods to Israel.
Following a solid year of financial results in 2023, Strauss Group Ltd announced a change in strategy to focus on its fastest growing categories and sell off parts of the company. Strauss Group has announced it is considering selling Yad Mordechai honey and olive oil, as well as its coffee shops.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in Israel with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Edible Oils industry in Israel, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Edible Oils
This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.
See all of our definitionsThis report originates from Passport, our Edible Oils research and analysis database.
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