prices / page 2

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.

Oct. 26, 2023

High-Priced Olive Oil Fuels Thefts in Greece, Farmers Respond

Tons of olive oil were stolen from a mill in northern Greece. Meanwhile, producers in Crete are contemplating anti-theft measures such as GPS trackers.

Oct. 23, 2023

Olive Oil Producers in Turkey Decry Export Freeze

Turkey’s temporary olive oil export ban has brought down domestic prices while causing headaches for exporters.

Sep. 25, 2023

Olive Farmers in Puglia Face Catastrophic Harvest After Autumn Storms

The damage to the southern Italian region’s olive trees is expected to drive up prices in the short term and lower production in future harvests.

Sep. 18, 2023

Olive Oil Thefts Rising in Mills and Supermarkets Across Spain

Rising prices and an increase in organized criminal activity are driving the increase in thefts, officials said.

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.

Sep. 14, 2023

Olive Oil Prices Soar on Drought and Poor Harvests, Impacting Consumers Worldwide

Olive oil prices are soaring due to drought and poor harvests in major producing countries with varying impacts in different regions.

Sep. 7, 2023

Spanish Officials Raise Alarm Over Rising Olive Oil Prices While Calling for Calm

Olive oil prices have exceeded €10 per liter at retail and are expected to continue rising. Rain in Andalusia would provide a glimmer of hope for the approaching harvest.

Aug. 24, 2023

Olive Oil Prices Soar in Greece

The shortage of olive oil stocks in Europe and domestic inflation are pushing prices to new heights.

Aug. 18, 2023

Citing Rising Prices and Low Margins, Turkey Bans Bulk Olive Oil Exports

The trade ministry wants to promote the country's packaged olive oil exports while limiting further price rises for domestic consumers.

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Aug. 2, 2023

Extra Virgin Olive Oil Prices Could Reach €11/Kg in Italy, Officials Warn

A poor harvest in 2023 combined with low olive oil stocks and anticipation of a modestly higher harvest in 2024 has seen Italian olive oil prices reach unprecedented heights.

Jul. 31, 2023

Concerns Mount Over Olive Oil Shortage in Spain

With olive oil stocks expected to run out by the start of the coming harvest and predictions of another low yield, experts anticipate prices to continue rising.

Jul. 26, 2023

Europe Confirms Steep Decline in Olive Oil Production

In the bloc’s latest short-term agricultural outlook report, E.U. experts said the poor harvest and low stocks will keep pressure on prices.

Jun. 5, 2023

Farmers and Consumers React to Rising Olive Oil Prices

As drought pushes production prices up across the Mediterranean, farmers and consumers adapt.

May. 22, 2023

As Spain Fights Food Inflation, Pressures Keep Mounting

While inflation shows signs of moderation, political uncertainty ahead of a major election and the ongoing drought will continue to put pressure on olive oil and food prices.

May. 19, 2023

Climate Disasters Drive Prices Higher

Drought on the Iberian Peninsula and floods in Croatia have resulted in a rocky start to olive development, spurring more price rises.

May. 2, 2023

Prices Continue to Break Records in Spain Ahead of Dismal Harvest Outlook

However, timely rain paired with stagnant global demand and an increasing number of olive groves entering maturity could reverse the price trends.

Apr. 22, 2023

Olive Oil Prices Rising Faster than Inflation in Italy

Olive oil prices at origin in Italy are 46 percent higher than last year, driving up the costs of other popular foods.

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