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
Jan. 9, 2025
Uruguay Anticipates Harvest Rebound
Good climate conditions and a promising fruit set portend a harvest rebound in Uruguay. While this year's yield will exceed the 2024 total, it will likely be less than in 2023.
Jun. 16, 2025
Why Olive Oil Prices Are Higher in Croatia
Croatian olive oil prices are on the rise, with an 18% increase in April 2025. Factors include consumer awareness, market trends and production costs.
Sep. 24, 2025
Cretan Olive Oil Receives PGI Quality Certification
Made mainly from Koroneiki and Tsounati olives, extra virgin olive oil from across the island has received a Protected Geographical Indication status from the EU.
Apr. 29, 2025
Campaign Encourages Australians to Get Drizzling
The "Get Drizzling" campaign by AOOA aims to reignite Australian consumers' interest in using olive oil and promote its health benefits and versatility.
Feb. 18, 2025
Safeguarding Unique Olive Farming Traditions on Italy’s Pantelleria Island
Olive farming on the Sicilian island has unique features resulting from a peculiar pruning and training system that encourages horizontal growth.
Feb. 12, 2025
Meet the Genoese Couple Cultivating Traditional Italian Olives in Uruguay
After careers in foreign service, the founders of Pique Roto are introducing Uruguayan consumers to traditional Italian olive varieties.
Feb. 7, 2025
Olive Oil Demand Expected to Grow Alongside Supply
The International Olive Council expects global olive oil consumption to increase with production, though its distribution is changing.
Jun. 3, 2025
Precision in Every Step: Inside an Award-Winning Producer’s Methodical Approach
Harvesting and milling with surgical precision is paramount at Hellenic Fields, which celebrated a sixth-straight award-winning performance at the 2025 NYIOOC.