If there's one thing that has caught the attention of consumers in Spain this summer, it's the rising price of olive oil. With a staggering increase of 52.5% compared to last year, it's no wonder people are looking for ways to save. But just how much can you save depending on where you shop? Well, SUR conducted a price comparison and found that the same one-liter bottle of Coosur Virgen extra hojiblanca costs 3.30 euros less in Lidl compared to Día. And it's not just Coosur; the price difference extends to other brands as well. By choosing the right supermarket, you could potentially save up to 24 euros a year on olive oil alone. So, where you shop can make a significant impact on your wallet.

Olive oil prices in large supermarket chains

When it comes to purchasing olive oil, the price can vary significantly depending on where you shop. Large supermarket chains offer a wide range of brands and prices, giving consumers plenty of options to choose from. However, it's important to be aware of the potential savings that can be made by comparing prices between different supermarkets.

Comparison of specific brands and prices

For example, a one-litre bottle of Coosur Virgen extra hojiblanca can cost 8.69 euros in Lidl but 11.99 euros in Día, a difference of 3.30 euros for the same product. Another example is the same brand's Virgen Serie Oro oil, which costs 8.75 euros in Maskom and 11.25 euros in Carrefour, making it 2.50 euros more expensive in the latter. These differences in price show that there can be significant savings to be made by choosing the right supermarket.

Average consumption of olive oil in Spain

According to the Spanish Ministry of Agriculture, Fisheries, and Food's 2022 report, the average person in Spain consumes 3.6 litres of olive oil, 0.7 litres of virgin olive oil, and 3 litres of extra virgin olive oil per year. This means that by buying the same one-litre bottles of each category, an average consumer can save up to 24 euros a year depending on which supermarket they choose.

Potential savings based on choice of supermarket

Based on the price comparison mentioned earlier, we found that Maskom and Lidl are the cheapest options for buying name-branded olive oil compared to Carrefour or Aldi. However, it's important to note that Mercadona only sells its own brand, Hacendado oil, so it cannot be directly compared to other supermarkets.

Cheapest options for buying name-branded olive oil

When it comes to own-brand olive oils, the prices are often similar across different supermarkets. Stores like Mercadona, Lidl, and Maskom offer their own branded oils at prices ranging from 6.80 euros for refined oil to 8.50 euros for extra virgin oil. In fact, it is often the case that own-brand extra virgin olive oil is cheaper than refined olive oil from other manufacturers' name brands.

Comparison of extra virgin and refined olive oils

When choosing olive oil, it's important to understand the difference between extra virgin and refined oils. Extra virgin olive oil is made from pure, cold-pressed olives and is considered the highest quality and healthiest option. Refined olive oil, on the other hand, is processed and may undergo some chemical treatments. While both types of oil can be used for cooking, extra virgin olive oil is often preferred for its superior taste and health benefits.

Factors affecting the price difference

The disparity in prices between different brands and supermarkets can be attributed to various factors. One possible reason is the different times of purchase of the raw materials. Supermarkets may also have different sales strategies and may choose to reduce margins to attract customers. It's important to keep these factors in mind when comparing prices and making a purchasing decision.

Quality considerations in choosing olive oil

While price is an important factor, it's also essential to consider the quality of the olive oil you are buying. An extra virgin olive oil, regardless of the brand, should not have any defects. The organoleptic characteristics, such as aroma and flavor, may differ between oils, so it's worth paying attention to these aspects. Consider factors like the denomination or variety of olives used in the oil to make an informed choice.

Reasons for lower prices of store-brand oils

Store-brand oils are often considerably cheaper than manufacturer's name brands. This price difference is not necessarily indicative of a difference in quality. In many cases, store-brand oils are sourced from small producers who take them to a cooperative. The lower prices may be due to different purchasing strategies or the use of olive oil as a promotional tool by supermarkets.

In conclusion, when it comes to buying olive oil, there can be significant price differences depending on where you shop. By comparing prices between different supermarkets and considering factors like the type of oil and its quality, you can make informed choices and potentially save money. Store-brand oils can be a cost-effective option without compromising on quality. So next time you're shopping for olive oil, consider exploring different supermarkets for the best deals.

Author

Olive Oil Blogger, a true aficionado of everything related to olive oil, is dedicated to exploring the ins and outs of this versatile and healthy product. A connoisseur with a keen eye for quality, Olive Oil Blogger is on a mission to educate the masses about the benefits and uses of this liquid gold. The content he creates is diverse, showcasing not only his knowledge of the different types and grades of olive oil but also their flair for culinary creativity. With articles ranging from informative guides on choosing the right olive oil to mouthwatering recipes that incorporate this essential ingredient, it's clear that Olive Oil Blogger has an insatiable appetite for knowledge and a desire to share it with others. His dedication to olive oil goes beyond the kitchen, as he also delves into the world of olive oil production, exploring the techniques and craftsmanship behind this ancient art. Olive Oil Blogger's enthusiasm shines through in their writing, as they discuss the rich history, cultural significance, and health benefits of olive oil, making their blog a one-stop-shop for olive oil enthusiasts. Olive Oil Blogger's love for olive oil and commitment to educating others about this fantastic product is undeniable. As a trusted source of information and inspiration, Olive Oil Blogger has made a postive impact on he lives of their readers, inspiring them to embrace the many wonders of olive oil in their everyday lives.

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