Jan. 19, 2022
Olive oil production decreased by nearly eight percent in 2020/21 along with consumption. Both are expected to rebound during the current crop year.
Dec. 16, 2021
Production and exports are expected to surge in Spain and Portugal. Italy will see modest production gains and fewer imports. Production in Greece is projected to fall.
Dec. 15, 2021
Despite positive trade news, climate change and declining consumption present challenges for the sector in the coming decade.
Oct. 20, 2021
The latest short-term projections show limited growth in exports and steady production. While olive oil prices rose last year, so did production costs.
Oct. 19, 2021
Spain is expected to produce about 1.3 million tons of olive oil in the 2021/22 crop year. Poor weather conditions in Andalusia are largely to blame.
Jul. 19, 2021
International Olive Council figures revealed a dip in global production, imports and exports, while consumption held.
May. 24, 2021
Increasing production paired with rising vegetable oil prices is also expected to yield record exports and olive oil consumption levels.
Apr. 20, 2021
The International Olive Council predicts that Australians will consume 51,000 tons of olive oil in the 2020/21 fiscal campaign ahead of what could be a record harvest for producers.
Mar. 17, 2021
Spain, Italy and Greece remain the largest per-capita consumers worldwide, while imports to the United States, Japan and Canada show an upturn.
Mar. 5, 2021
Trends seen at America’s fourth-largest retailer may predict where the olive oil sector is going.
Jun. 3, 2020
While the data show that plant-based food sales in the United States grew by 90 percent over the same period last year, anecdotal evidence suggests olive oil sales grew with them.
Apr. 24, 2020
Domestic consumption has dried up as restaurants close and hotel rooms sit empty. Exports have also dropped as countries around the world cancel their orders for Portuguese oil.
Apr. 21, 2020
Italian olive oil production reached 365,000 tons, an increase of 110 percent compared to 2018 and 25,000 tons higher than initial estimates. Consumption, imports and exports also increased.
Apr. 21, 2020
Olive oil consumption has crept up as a result of the pandemic and prices of extra virgin, virgin and lampante olive oils have started to stabilize. However, both exports and imports are expected to fall.
Mar. 31, 2020
More than 60 percent of respondents said they would never give up extra virgin olive oil, citing its taste, health benefits and cultural importance.
Dec. 26, 2019
Europe expects olive oil consumption to increase mostly in non-producing countries and exports to grow in both traditional and new markets.
Aug. 9, 2019
The trade deal will eliminate tariffs on both Mercosur and E.U. exports and creates the world's largest bloc of olive oil consumers and producers.