Oils Price Index in World increased to 155.70 Index Points in June from 152.20 Index Points in May of 2025. This dataset includes a chart with historical data for World Oils Price Index.

The FAO vegetable oil Price Index* reached 178.32 index points in June of 2008 during the financial crisis. During the pandemic, the price index rose to 184.56 points in October of 2021. After the start of the war in Ukraine, the index jumped to over 251 points in March of 2022. As of January 2025, the index had declined from the spike in the previous years to 153 points. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page. For further information about the Russian invasion of Ukraine, please visit our dedicated page on the topic.

The price per unit in the 'Edible Oils' segment of the food market in the United States was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the ***** consecutive increasing year, the price per unit is estimated to reach **** U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Edible Oils' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the average consumption per capita and volume. The Statista Market Insights cover a broad range of additional markets.

Sunflower Oil fell to 1,279.60 INR/10 kg on July 31, 2025, down 0.03% from the previous day. Over the past month, Sunflower Oil's price has risen 3.72%, and is up 42.99% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Sunflower Oil.

The price of Vegetable Oils in March 2023 was $1,644 per ton (CIF, Turkey), showing a decrease of 11.5% compared to the previous month.

In March 2023, the vegetable oils price stood at $3,499 per ton (FOB, US), falling by -12.2% against the previous month.

The global price of crude oil, cereals, and vegetable oils **** sharply in the spring of 2022 following the Russian invasion of Ukraine in February that year. For instance, the price index of vegetable oils reached over *** in March that year, with both Russia and Ukraine being major producers of wheat and corn.

The global edible vegetable oil market, valued at $165,000 million in 2025, is projected to experience robust growth, driven by increasing global population, rising disposable incomes, and shifting dietary habits towards healthier fats. Demand for vegetable oils in food processing, culinary applications, and biofuel production contributes significantly to market expansion. Health consciousness is fueling demand for specific oils like olive oil and avocado oil, while concerns about sustainability and ethical sourcing are influencing consumer choices. The market is witnessing innovation in product offerings, including fortified oils and functional blends enriched with vitamins and antioxidants. Major players like Cargill, Bunge, and ADM are investing in R&D and strategic partnerships to enhance product quality and expand their market reach. Competitive pressures are influencing pricing and distribution strategies. However, fluctuations in raw material prices, weather patterns affecting crop yields, and potential trade restrictions pose challenges to consistent market growth. The market's Compound Annual Growth Rate (CAGR) of 5.6% from 2025 to 2033 indicates a substantial increase in market value by 2033. This growth is expected to be geographically diverse, with emerging economies in Asia and Africa showing significant potential due to rising consumption and increasing urbanization. However, established markets in North America and Europe will also continue to contribute to overall growth, albeit at a potentially slower pace. Specific regional variations will depend on factors such as local agricultural practices, import-export dynamics, and consumer preferences. The segmentation of the market (though not explicitly provided) likely includes various types of vegetable oils (e.g., palm, soybean, sunflower, canola) and different end-use applications. Companies are adapting their strategies to cater to the diverse and evolving needs of a global consumer base.

Indonesia Retail Price: Cooking Oil data was reported at 13,855.000 IDR/l in Jul 2019. This records a decrease from the previous number of 13,961.000 IDR/l for Jun 2019. Indonesia Retail Price: Cooking Oil data is updated monthly, averaging 13,045.000 IDR/l from Nov 2006 (Median) to Jul 2019, with 153 observations. The data reached an all-time high of 14,730.000 IDR/l in Mar 2017 and a record low of 7,525.000 IDR/l in Nov 2006. Indonesia Retail Price: Cooking Oil data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Indonesia – Table ID.PC001: Retail Price: By Major Commodities.

The global cooking vegetable oil market is experiencing robust growth, driven by increasing health consciousness, shifting dietary preferences towards plant-based diets, and expanding applications in food processing and the food service industry. The market, estimated at $80 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching approximately $120 billion by 2033. Key growth drivers include rising disposable incomes in developing economies, leading to increased consumption of processed foods, and the increasing popularity of healthier cooking methods that utilize vegetable oils. Further fueling this growth is the rising demand for convenient and ready-to-eat meals, which significantly rely on vegetable oils in their preparation. However, price volatility of raw materials, fluctuating crude oil prices, and concerns regarding the impact of certain vegetable oils on health are key restraints to market expansion. The market is segmented by application (household, food processing, food service) and type (palm oil, soybean oil, sunflower oil, canola oil, olive oil, others), with palm oil and soybean oil currently dominating the market due to their affordability and widespread availability. Regional analysis reveals that Asia-Pacific, particularly China and India, are major consumers and key growth areas owing to their vast populations and rapidly expanding middle classes. North America and Europe also present substantial market opportunities, driven by the increasing awareness of the health benefits of specific vegetable oils, like olive oil. The competitive landscape is dominated by major players like Archer Daniels Midland, Cargill, and Wilmar International, who hold significant market share through their integrated supply chains and global reach. Smaller regional players are also actively participating, capitalizing on localized preferences and emerging niche markets. Future market growth will be shaped by innovation in oil extraction techniques, advancements in sustainable and ethically sourced oils, and the development of healthier and more functional vegetable oil products. Companies are investing heavily in research and development to enhance the nutritional profile of their offerings and meet evolving consumer demands. The focus on sustainability, including certifications and traceability measures, is also gaining momentum, creating opportunities for brands committed to responsible sourcing and production practices.

Palm Oil fell to 4,251 MYR/T on August 1, 2025, down 0.61% from the previous day. Over the past month, Palm Oil's price has risen 4.63%, and is up 8.53% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on August of 2025.

410 Global import shipment records of Vegetable Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global edible vegetable oil market is experiencing robust growth, projected to reach a market size of $300 billion in 2025, with a compound annual growth rate (CAGR) of 5% from 2025 to 2033. This expansion is driven by several key factors. Rising global populations and increasing disposable incomes in developing nations fuel higher demand for vegetable oils as a crucial ingredient in food processing and culinary applications. Furthermore, the growing awareness of health benefits associated with certain vegetable oils, such as those rich in unsaturated fats, is positively impacting consumer preferences. Favorable government policies promoting sustainable agriculture and biofuel production further contribute to market growth. However, challenges remain, including price volatility due to fluctuating crop yields and global commodity markets, and increasing concerns about deforestation linked to palm oil production. The market is segmented by type (soybean, palm, sunflower, canola, etc.), application (food processing, culinary use, biofuels), and geography. Leading players such as Cargill, Bunge, ADM, and others are actively involved in the market, leveraging vertical integration and strategic partnerships to maintain their competitive edge. The market's future growth trajectory is expected to remain positive, although the rate might fluctuate depending on macroeconomic conditions and global events. Technological advancements in oil extraction and processing, alongside innovations in sustainable agriculture practices, will play a crucial role in shaping the market's future. The increasing demand for healthier and more sustainable options is creating opportunities for specialized vegetable oil products, driving innovation and diversification within the market. Companies are investing heavily in research and development to improve oil quality, enhance nutritional profiles, and reduce their environmental footprint, reflecting a commitment to long-term sustainability and consumer preferences. Competitive pressures will remain intense, with a focus on supply chain optimization, product diversification, and strong branding to capture market share.

Learn about the factors that determine crude edible oil prices, including supply and demand dynamics, geopolitical events, weather conditions, and market speculation. Discover how these factors interact and impact the global edible oil market, and why understanding them is vital for industry participants.

Shortening made from a blend of vegetable oils, regardless of packaging size or type."

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Edible Oil Market Size 2025-2029

The edible oil market size is forecast to increase by USD 18.37 billion, at a CAGR of 3.4% between 2024 and 2029.

The market is driven by the surging demand for trans-fat-free oils due to growing health consciousness among consumers. This trend is fueled by increasing awareness regarding the harmful effects of trans fats on human health. Furthermore, advancements in agriculture technology have enabled the production of high-quality, healthy oils, providing opportunities for market growth. However, the market faces distribution challenges that hinder its expansion. The complex supply chain and logistical issues in transporting edible oils from production sites to consumers in various regions create hurdles for market participants.
Companies must navigate these challenges by implementing robust logistics strategies and collaborating with reliable partners to ensure the timely and efficient delivery of their products. By addressing these challenges and catering to the evolving consumer preferences, market players can capitalize on the growing demand for healthier edible oil options and strengthen their market position. Consumer preferences for healthier alternatives, such as olive oil, are driving demand for alternative oils

What will be the Size of the Edible Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, shaped by dynamic market forces and shifting consumer preferences. Unsaturated fats, such as monounsaturated and polyunsaturated fatty acids, have gained prominence in food processing due to their health benefits. Cold-pressed oils, like olive and avocado, with their desirable nutritional profiles and high omega-3 and omega-6 fatty acid content, have gained popularity in various sectors. The fatty acid profile of oils, including rapeseed, sunflower, safflower, and canola, influences their applications in food processing and dietary guidelines. Smoke point and peroxide value are crucial factors in determining the suitability of oils for cooking applications. Linseed oil, with its high polyunsaturated fat content and low smoke point, is often used in non-cooking applications.

Price volatility, driven by factors like supply chain disruptions and government regulations, impacts the market. Organic and unrefined oils, with their perceived health benefits and higher production costs, command premium prices. Oxidation stability and moisture content are essential considerations for maintaining the quality and shelf life of edible oils. Sustainability concerns, particularly in the palm oil sector, have led to increased scrutiny and regulations. Corn oil, peanut oil, and other vegetable oils are used extensively in salad dressings and food manufacturing. Labeling requirements and consumer preferences for trans-fat-free and low-saturated fat options continue to shape the market landscape. The market is a complex web of interconnected factors, from production methods like solvent extraction and expeller-pressed oil to consumer preferences and government regulations.

The ongoing unfolding of market activities and evolving patterns underscores the importance of staying informed and adaptable in this ever-changing industry.

How is this Edible Oil Industry segmented?

The edible oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Retail
  Food service
  Food processor


Packaging

  Pouches
  Bottles
  Jars
  Cans


Type

  Palm oil
  Soybean oil
  Sunflower oil
  Mustard oil
  Others


Geography

  North America

    US
    Canada


  Europe

    Germany
    Russia
    UK


  APAC

    China
    India
    Indonesia
    Japan


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The Retail segment is estimated to witness significant growth during the forecast period. The market encompasses various types of oils, including unsaturated ones like rapeseed, sunflower, safflower, olive, and avocado, which provide healthier alternatives to saturated fats. The futures market plays a significant role in price determination, influencing the supply chain. Trans fats, however, are a concern due to their adverse health effects, leading to increased focus on omega-6 and omega-3 fatty acids. Cholesterol content is a critical consideration, with olive, canola, and flaxseed oils offering heart-healthy benefits. Food processing techniques, such as cold-pressing, expeller-pressing, and solvent extraction, impact the oil's nutritional value, smoke point, and oxidation stability. Consumer preferences prioritize mon

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Shortening, Cooking Oil, and Margarine (WPU0278) from Jan 1947 to Jun 2025 about cooks, fat, processed, oil, food, commodities, PPI, inflation, price index, indexes, price, and USA.

The global vegetable oils market is a substantial and dynamic sector, exhibiting consistent growth. While precise figures for market size and CAGR are absent from the provided data, a reasonable estimation can be made based on industry knowledge and publicly available reports. Considering the presence of major players like Cargill, Unilever, and ADM, and the significant consumption of vegetable oils globally, a market size of approximately $250 billion in 2025 seems plausible. A conservative CAGR of 4% for the forecast period (2025-2033) is assumed, reflecting ongoing growth influenced by factors like increasing global population, rising demand for processed foods, and the use of vegetable oils in biofuels. Key drivers include expanding food processing industries, increasing health consciousness (leading to demand for specific oils like olive oil), and the growing use of vegetable oils in various non-food applications. Trends such as sustainable sourcing, innovative oil extraction techniques, and the rise of plant-based alternatives are shaping the market landscape. Restraints, however, include price volatility tied to agricultural commodity prices, environmental concerns surrounding palm oil production, and the potential impact of alternative cooking oils and fats. The market segmentation is diverse, encompassing various oil types (palm oil, soybean oil, sunflower oil, etc.), applications (food, cosmetics, biofuels), and geographical regions. Major companies mentioned are actively involved in various aspects of the value chain, from cultivation and processing to distribution and branding. The regional distribution is likely skewed towards Asia-Pacific and North America, reflecting high population densities and robust food processing industries. The forecast period of 2025-2033 offers significant potential for growth, however, strategic management of price fluctuations, sustainable sourcing, and catering to consumer preferences for healthier options will be vital for long-term success within this competitive market.

Russia Average Import Price: Vegetable Oil data was reported at 667.000 USD/Ton in 2017. This records a decrease from the previous number of 853.000 USD/Ton for 2016. Russia Average Import Price: Vegetable Oil data is updated yearly, averaging 878.000 USD/Ton from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 1,584.000 USD/Ton in 2008 and a record low of 495.000 USD/Ton in 2001. Russia Average Import Price: Vegetable Oil data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PC007: Average Import Price: Annual.

The Wholesale Price Index of edible oils across India during financial year 2024 was ***. An overall increase in the price index was seen over the years from financial year 2013 till 2022 in the country. Edible oils refers to vegetable and animal oils and fats.