How much olive oil costs in 5 large supermarkets

By being one of the most expensive consumer products, but also absolutely necessary in Greek households, the Greek service comparison company Pricefox published research with olive oil prices in the 5 largest chains in Greece. In this research, beyond what olive oil costs in the 5 largest supermarkets, it is still reflected that we can save money on the olive oil market and at what prices are the other oils. This year, olive oil production faced difficulties as the absence of expected rains also led to reduced production. Olives are dehydrated, resulting in a greater amount of olive oil for olive oil production. Where are the prices in the supermarkets? With real prices from the market observatory, Pricefox collected olive oil prices at the 5 largest supermarket chains. On average 1 litre of olive oil can be found from 11.70 euros to 13.80 euros. This difference is due to the fact that each chain has different olive oil prices although they sell the same brands. Specifically, the cheapest olive oil bottle can be found at 8.15 euros, while the most expensive has twice the price at 16.39 euros. Even within the same chain, the range of prices is large, with the difference between cheaper and more expensive olive oil being from 4,78 euros to 6 euros. The chain that offers the cheapest options is Masutis that consumers can find the liter from 8.15 euros to 14.15 euros, depending on the brand they choose. At My Market and Slavenitis stores, prices range to the same relative levels as the average being below 13 euros in both chains. On the contrary, AB Vasilopoulos and Cretan stores have the highest prices in olive oil with their highest prices exceeding 16 euros. 4 ways to save without sacrificing quality in olive oil There are ways to save money on the olive oil market. The following ways can be saved from 2 euros to 8 euros per litre. 1. Comparison of prices in different chains The range of prices between different chains and within the same store gives consumers more choice and opportunities to save the olive oil market. One can find financial options, comparing the prices offered by different shops and different brands. 2. Purchase in larger packages Usually, larger packages, e.g. 3 litres or more, provide lower prices per litre and cost less than smaller packages. So if a household regularly consumes olive oil, the larger packaging market can reduce costs over time. As long as it is stored in a cool and shady place, where it will preserve both its taste and its quality. It is good to choose glass containers instead of metal cans. 3. Tender exploitation Many times specific brands or specific supermarket chains have significant discounts and consumers can find good offers. When a product is on offer, one can buy larger quantities and be covered for the next period. 4. Purchase of olive oil from local producers In Greece there are local producers selling olive oil directly to consumers. The choice to buy olive oil directly from the producer saves money, as they sell it at lower prices, while also having high quality. What other oil options do consumers have? As an alternative, many households choose other types of cooking oils. Seed oils, such as sunflower oil, arabs, or pyre oil, are much cheaper choices. More specifically, one can find the liter on average from EUR 3,60 to EUR 3,78, and there are options starting from only EUR 1.90. Seed oils, although a more affordable option, contain more polyunsaturated fats and do not offer the same benefits as olive oil. Olive oil is known for its health benefits, as it is rich in monounsaturated fats and antioxidants, making it ideal for everyday use. A family who chooses to use only olive oil instead of seed oil for cooking can invest a little more money, but the long – term health benefits are valuable.