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Edible Oils in Latvia

Publisher Euromonitor International
Published Nov 10, 2025
Length 19 Pages
SKU # EP20589479

Description

While remaining niche, olive oil is benefiting from being increasingly perceived as a healthier option, as well as declining prices following a significant spike in 2024. However, sunflower and rapeseed oils retain their dominant positions as they are economical and versatile oils, and have an entrenched role in Latvian cooking.

Euromonitor International's Edible Oils in Latvia 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 2020-2024, 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 currently shaping the market along with prospects for the next five years, 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

19 Pages
Edible Oils in Latvia
Euromonitor International
November 2025
List Of Contents And Tables
EDIBLE OILS IN LATVIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Olive oil benefits from greater affordability and healthy appeal
INDUSTRY PERFORMANCE
Declining prices support growth of niche olive oil in 2025
Vegetable oils continue to dominate
WHAT’S NEXT?
Stagnation due to market’s established nature
Olive oil perceived as a healthier choice
COMPETITIVE LANDSCAPE
Associated Oil Packers’ lead supported by strong demand from price-sensitive consumers
Dynamic Medsol Srl appeals to a broad consumer base
CHANNELS
Supermarkets lead, offering convenience and private label
Discounters’ growth driven by the ongoing expansion of Lidl
CATEGORY DATA
Table 1 Sales of Edible Oils by Category: Volume 2020-2025
Table 2 Sales of Edible Oils by Category: Value 2020-2025
Table 3 Sales of Edible Oils by Category: % Volume Growth 2020-2025
Table 4 Sales of Edible Oils by Category: % Value Growth 2020-2025
Table 5 NBO Company Shares of Edible Oils: % Value 2021-2025
Table 6 LBN Brand Shares of Edible Oils: % Value 2022-2025
Table 7 Distribution of Edible Oils by Format: % Value 2020-2025
Table 8 Forecast Sales of Edible Oils by Category: Volume 2025-2030
Table 9 Forecast Sales of Edible Oils by Category: Value 2025-2030
Table 10 Forecast Sales of Edible Oils by Category: % Volume Growth 2025-2030
Table 11 Forecast Sales of Edible Oils by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
COOKING INGREDIENTS AND MEALS IN LATVIA
EXECUTIVE SUMMARY
Greater stability as price fluctuations ease
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
Olive oil benefits from falling prices
Global cocoa price fluctuations impact chocolate spread
Impact of a cold summer
WHAT’S NEXT?
Stagnating sales of a mature market
Private label growth
Better future for barbecue-related products
COMPETITIVE LANDSCAPE
Orkla Food Latvija leads with its flagship Spilva brand
Medsol Srl’s dynamic growth supported by rising olive oil demand
CHANNELS
Convenience stores and supermarkets lead
Discounters’ growth driven by the ongoing expansion of Lidl
E-commerce’s development constrained by a lack of investment
MARKET DATA
Table 12 Sales of Cooking Ingredients and Meals by Category: Volume 2020-2025
Table 13 Sales of Cooking Ingredients and Meals by Category: Value 2020-2025
Table 14 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2020-2025
Table 15 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2020-2025
Table 16 NBO Company Shares of Cooking Ingredients and Meals: % Value 2021-2025
Table 17 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2022-2025
Table 18 Penetration of Private Label by Category: % Value 2020-2025
Table 19 Distribution of Cooking Ingredients and Meals by Format: % Value 2020-2025
Table 20 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2025-2030
Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2025-2030
Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2025-2030
Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
SOURCES
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