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Hanukkah: donuts, fritters and the differences in the price of oil - voila! Of money

2022-12-14T12:47:32.608Z


The Hasmoneans experienced the miracle of the oil mouth, and a small jar was enough for eight days. But these days the price of base oil has become very expensive. How much did the price change and in which network did we pay the cheapest price?


Frying oil: the shelves in the marketing chains are filling up for Hanukkah (photo: Nir Landau, Walla system!)

The holiday of Hanukkah is also the holiday of oil.

Frying oil is indeed a basic food product in every kitchen, even on normal days, but in preparation for Hanukkah, the shelves in the marketing chains are filled with a wider variety of products and in higher quantities than usual, due to the high demand.

Representatives of the chains report increased sales of bottles of oil and point out that every shopping basket does not include a bottle or two.



The reason is clear: the traditional holiday foods, mainly the fritters and donuts, celebrate the miracle of deep-frying the tin of oil throughout the eight days of Hanukkah.

We will address the caloric costs in another section, but in the meantime - how much will we pay for an average bottle of oil and where will we find the cheapest?

How much oil will we consume during the eight days of the holiday and how much will it cost us?

We set out to compare prices (Photo: ShutterStock)

Popular, healthy and expensive: how much will a liter of oil cost us?

Before we examine oil prices, what happened to them in recent years and how big the differences are between the various chains, we will bring you some interesting facts about the category.



Canola oil is considered an oil with a good content of fatty acids, it contains a high percentage of monounsaturated acids (which are considered healthy and recommended), polyunsaturated fatty acids - among them also a little omega 3 and very little saturated fatty acids.

Canola oil is considered healthy, safe to use, and is suitable for seasoning and frying.



Perhaps these are the reasons that lead over 85% of all Israeli consumers to consume mainly canola oil for home use.

Types of oils produced from sunflower and corn, more popular among the Russian and Arab sectors, respectively.

Another type of oil, soy, has almost disappeared from grocery store shelves, due to controversial opinions on health issues.



Regarding prices,

sunflower oil is cheaper than canola by about 8% and corn oil by about 5%.



The Arab sector usually buys oil in large bottles of about 3 liters, while the Israeli consumer prefers bottles with a volume of 1 liter.



Israel is not a very important player among base oil producers and

most of the oil comes to Israel from Eastern Europe and the Far East.



The various brands in the segment do not gain high loyalty among consumers and the majority of the market has switched to a private brand with personal imports, where the influencing parameter is - the price.



"Olive Tree" is the only Israeli brand, it is considered a premium product

and is the only player in the health segment, the brand's "health" oils are marketed at a price that is up to 2 times more expensive than the price of a base oil.



Shufersal chain imports a private label, Rami Levy a private label and other chains such as "Yohannoff" and "Victory" fill the shelves with products selected on the basis of supply and price.

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At least this: price increases are not noticeable in the last 4 years (per liter of oil tested) (Photo: CHP)

The same product, more expensive: a gap of about 90% between the cheap price and the expensive one

According to the Pricez price comparison site, the consumer prices for a liter of canola oil today range from NIS 6.25 to NIS 14.90.

When a liter of refined canola oil (basic) from the premium brand "Olive Tree" will cost between NIS 9.90 and NIS 18.90 (huge differences of about 90% between the expensive price and the high price of the exact same product. This figure sent us to check where we can find the same The

product, only less expensive.



We visited the marketing chains and looked at the oil shelves, if the variety and quantities represent the demand, it appears that the product for which we found the highest price differences, is also among the best-selling products in the category - it is refined canola oil, 1 liter of the "Etz" brand The olive" and we chose to check it.



Even before the price comparison, we discovered a surprising figure in the CHP price comparison system, the price of the bottle of oil being tested has hardly changed in the last 4 years and we found proof of this in Shufersal Express chains and confirmed it until it is marketed,

except on special days

, at an almost uniform price, NIS 16.90 at Shufersal Express and 14.90 at Osher until.



The comparison made as mentioned, using the CHP price comparison system and with the summary of the comparison data, a price gap of over 90% is evident between the chain that sells it at the cheapest price (NIS 9.90) and the chain that sells it at the highest price (NIS 18.90).



So where should we buy and how much will it cost us?

Reasonable prices for the tested product that we found in the various marketing chains (network average) (Photo: CHP)

The cheapest price: found in the Osher network, NIS 9.90, in two individual branches, in Ashdod and Jerusalem.

It should be noted that in most branches of the chain the price is higher and reaches up to NIS 14.90.



Fair prices that we found in the chains: Tiv Taam online (NIS 11.90), Yesh Chesed (NIS 12.90 and currently at a price of NIS 10.00 per unit as part of a 2 bottles for 20 sale that will last until 12.31)



Mid-range price: we found in Rami Levy, Rami Levy in the neighborhood, Shufersal Online and Shufersal Deal , there is in the neighborhood, half free online and a half free store, Yohannoff and Tiv Taam (NIS 14.90), Mahshanas Shuk and Stopmarket and Beitan wines (NIS 15.90), Victory (regular price up to NIS 16.90 but offering a sale until December 31 for NIS 14.90), Tiv Taam City , Shufersal Express, Shufersal Sheli, Alonit (NIS 16.90).

More expensive prices that we found in the marketing networks for the product in question (network average) (Photo: CHP)

Why so expensive?

We found higher prices in the chains: most branches of SUPER (the future Carrefour) and Mega Market (NIS 17.90 to NIS 18.40), YELLOW (NIS 18).



The highest price: we found in the Alonit chain and Mini Super Alonit (NIS 18.90), as mentioned - more than 90% more expensive than the cheapest price we found.



It is very difficult to understand such disparities, certainly in an era where the cost of living has become the talk of the day.

In any case - if you have already decided to save up for the Hanukkah holiday and fry your own donuts at home, at least you will know who is trying to make a profit on our back, even in the most basic consumer product.

  • Of money

  • consumption

  • Compare prices

Tags

  • consumption

  • Compare prices

  • Fat

  • Hanukkah

  • frying

  • Marketing networks

  • Cost of living

  • Fritters

  • Donuts

Source: walla

All business articles on 2022-12-14

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