Production
Greece’s olive oil yield for the 2021/22 crop year decreased by 18% compared to the previous year, but the country remains the third-largest producer in the European Union. Despite the challenges faced by producers due to weather fluctuations and rising energy costs, the prospects for a substantial olive oil yield in the next crop year in Greece are promising.
The 2021/22 crop year has come to an end in Greece, with the country’s olive oil yield totaling around 225,000 tons, an 18-percent reduction compared to the 275,000 tons of 2020/21.
According to official data and estimates from the International Olive Council, Greece remains the third-largest producer in the Europan Union behind Spain and Italy.
Production was limited in terms of volume this season; however, the quality of the olive oil produced in the country was quite satisfying.- Vasilios Frantzolas, olive oil quality consultant
However, when the wider Mediterranean region is considered, the country ranks fifth, also being surpassed by Tunisia and Turkey.
Despite the disappointing yields, producers reported that quality remained high throughout the country.
See Also:2021 Harvest Updates“Production was limited in terms of volume this season; however, the quality of the olive oil produced in the country was quite satisfying,” Vasilios Frantzolas, a quality consultant and expert olive oil taster, told Olive Oil Times.
Frantzolas pointed out that the unnatural weather throughout the season was the main reason for the reduced yield of the country.
“In general, the olive trees had a hard time coping with the temperature fluctuations during the season,” he said. “The mild winter of early 2021 was followed by two frost events in March and another one in April, and the summer heatwave was the culmination of the funny weather variations.”
“The net result was a noticeable reduction in olive tree fruition in many areas of the country,” Frantzolas added.
“Crete, Laconia in the Peloponnese and the Aetolia-Acarnania district in western Greece had a considerably more productive season than Lesvos and the districts of Chalkidiki, Messenia and Ilia.”
Energy prices, which were on the rise in Greece, especially in the second half of the crop year (from January to March), were a factor to consider for mill owners who have already started to question the modus operandi of the mills in the country.
“If things remain unchanged, it is likely that the status of our olive oil entitlements [a percentage of the olive oil produced from each batch of olives with which millers in Greece are paid] will be overturned,” said Panayiotis Zoumboulakis, head of the Sykia association, which operates a mill in Lakonia in southern Peloponnese.
Zoumboulakis’ words were echoed by his counterparts in other olive oil-producing territories.
“The status should be changed, and we should get paid according to the [quantity of the] olives to be processed since the output of olive oil is reduced due to drought,” said mill owner Aris Christopoulos from the neighboring Messenia.
“Nowadays, olive oil producers do not take care of their groves as they used to in the past,” he added. “Many of them just harvest their olives, neglecting fertilizing and other necessary operations in the field. So far, the increased production cost has been absorbed by the mill owners.”
Meanwhile, the Greek government has waived the excise tax on diesel fuel for farmers until the end of 2022.
Despite the shake-up in the global market for edible oils created by the war in Ukraine, olive oil prices in Greece remain virtually unchanged compared to the beginning of the season.
According to reports in the agricultural press, producers’ prices in most producing territories, including Laconia, Messenia, Heraklion and Chania, in Crete, range from €3.30 and €3.50 per kilogram of low-acidity extra virgin olive oil.
Nevertheless, according to the European Commission, producers’ prices for extra virgin olive oil in Greece increased by 12 percent in the 2021/22 crop year compared to the average price of the past five years.
Regarding the next crop year, the prospects are promising for a substantial yield of olive oil in the country.
“We had low temperatures in the winter, significant rainfalls in the beginning of the spring and a low production in terms of quantity in the 2021/22 crop year,” Frantzolas said.
“All these suggest a strong olive oil production for Greece in the next harvesting season, provided that the fruit fly will not cause significant problems.”
More articles on: 2021 olive harvest, Greece, prices
Jun. 16, 2025
EU Investigates Alleged Fraud in Greek Agricultural Subsidies
Greek officials are under investigation for mismanaging agricultural subsidies, with allegations of fraud and misuse of funds.
Dec. 31, 2025
The 10 Most-Read Olive Oil Times Articles of the Year
From climate pressures and scientific breakthroughs to shifting consumer habits and historic milestones, these were the Olive Oil Times stories that readers returned to the most in 2025.
Oct. 28, 2025
Quality Push Redefines Olive Oil Production in Montenegro
Modern equipment, renewed collaboration, and respect for ancient groves are redefining olive oil production in Montenegro,.
Mar. 21, 2025
Italian Bill Would Support Hobby Growers to Prevent Abandonment
The proposed legislation recognizes the role of hobbyist olive growers in preserving the environment and Italy’s agricultural heritage.
Mar. 10, 2026
New Olive Groves Take Root in Italy’s Northern Regions of Piedmont, Trentino
Olive cultivation is expanding across northern Italy, driven by a mix of shifting climate conditions, farm diversification and renewed interest in local production.
Mar. 27, 2025
Young Croatian Grower Wins International Acclaim for Oil from Historic Grove
Young Croatian grower Stjepan Dević wins international acclaim at the NYIOOC for his award-winning olive oil, produced from a historic grove.
Dec. 4, 2025
China Bets on Hubei to Lead the Next Phase of Olive Oil Development
Hubei, China’s smallest olive-producing region, is investing heavily in research and olive milling byproducts as it seeks to become a national hub for the industry.
Dec. 8, 2025
Extreme Weather Ravages Olive Groves Across Greece, Undermining 2025 Output
Hailstorms of unusual intensity have devastated olive farms across Greece, leaving producers facing severe losses in a year already marked by climate and pest pressures.