olive oil consumption

Apr. 16, 2024

Algerian Olive Oil Sector Maintains Momentum Despite Poor Harvest

Olive oil production in the 2023/24 crop year is expected to be about 50 percent below average. Still, officials are confident that the sector is poised to grow.

Apr. 11, 2024

Germany's Consumer Watchdog Warns Olive Oil Quality Is Falling

The warning comes after 17 of 19 samples of labeled extra virgin olive oil were found to be marginal, at best.

Apr. 1, 2024

Italians Have Changed Their Olive Oil Purchase Habits, Survey Finds

Despite rising prices and lower availability, 48 percent of Italian households continue to purchase as much olive oil as they did in previous years.

Mar. 13, 2024

High Prices Are Changing How Italians Feel About Olive Oil

Consumer surveys show Italians are buying less extra virgin olive oil, while other data confirm lower supermarket sales.

Mar. 6, 2024

US Surpasses Spain as Second-Largest Olive Oil Consumer

Experts predict the U.S. will overtake Italy to become the world’s largest consumer of olive oil.

Feb. 7, 2024

Acesur CEO Highlights Andalusia's Key Role in Sector's Future

Gonzalo Guillén believes production capacity is the limiting factor to increase olive oil consumption and Andalusia remains best positioned to expand the market.

Jan. 2, 2024

Extra Virgin Olive Oil Sales in Spain Fell by 40 Percent in 2023

The soaring retail price for extra virgin olive oil has driven the vital ingredient out of the reach of many families.

Dec. 18, 2023

Tunisia Takes Measures to Lower Olive Oil Prices at Home as Export Revenues Fall

Low fixed prices for Tunisian bulk exports to Europe mean Tunisian farmers are not benefiting from the surge in global olive oil prices.

Dec. 18, 2023

Reflections on 45 Years Championing Italian Olive Oil in America

Nearly half of a century after a chance encounter with an Italian olive oil producer, John J. Profaci looks back on his role in the American market.

Nov. 27, 2023

High Olive Oil Prices in Spain Spur Interest in Black Friday Discounts

While prices at origin have dipped slightly, they remain elevated in stores, prompting concern among retailers over theft and consumers over fraud.

Nov. 20, 2023

Olive Oil Sales Slump in Spain and Italy Amid Rising Prices

Consumers are switching to smaller bottles of extra virgin olive oil and, in some cases, choosing lower grades.

Nov. 6, 2023

Olive Oil Production in Europe Expected to Reach 1.5M Tons in 2023/24

Yields are expected to rebound after last year's historic lows. However, rising prices will hamper exports and consumption.

Sep. 14, 2023

Syria Restricts Olive Oil Exports as Harvest Outlook Worsens

Olive oil production in Syria is expected to fall by 50 percent in the 2023/24 crop year. Authorities have banned exports to prevent price rises.

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Mar. 9, 2023

Third-Generation Producer Brings the World's Best Olive Oils to London

Danilo Manco opened The Olive Oil Co. more than 20 years ago to help nourish the United Kingdom’s growing olive oil culture.

Mar. 2, 2023

Olive Oil Consumption in Italy, Greece Expected to Grow Amid Global Decline

Despite rising prices, lower production and the impacts of inflation, olive oil consumption in Italy and Greece is expected to rise, bucking the global trend.

Feb. 15, 2023

Officials in Uruguay Expect Another Bumper Harvest

As agronomic techniques improve and recently-planted groves enter maturity, Uruguay’s agriculture ministry expects production to continue to rise in the medium term.

Feb. 9, 2023

Olive Oil Consumption Slumps in Europe as High Prices Persist

Olive oil sales and exports have slowed down in Spain as prices at origin remain high and general inflation remains elevated.

Feb. 5, 2023

Spain's 2022 Olive Oil Sales only Slightly Lower than Expected

Olive oil sales in Spain hold relatively steady despite the many problems and price increases throughout 2022.

Dec. 30, 2022

Olive Council Forecasts Significant Production Decline

Olive oil production is expected to fall to 2.73 million tons in the 2022/23 crop year, largely due to drought and inclement weather in the Mediterranean.

Dec. 14, 2022

In Spain, Household Olive Oil Sales Fall While Overall Consumption Rises

Feeling the pinch of inflation, households cut back on their olive oil purchases. However, the end of pandemic-era restrictions saw a rise in demand from hospitality.

Dec. 13, 2022

European Officials See Olive Oil Supplanting Butter, Vegetable Oil Consumption

E.U. officials said increased awareness of olive oil health benefits and reduced consumption of other edible oils would drive the trend.

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