olive oil consumption

Jan. 19, 2022

Olive Council: Production Expected to Rebound in 2021/22 Crop Year

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. 17, 2021

Greeks Are Consuming Less Extra Virgin Olive Oil

Greeks are among the top per capita consumers of olive oil in the world but have cut back on the highest grade.

Dec. 16, 2021

European Commission Predicts an Upward Trend in Production After This Year's Setback

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.

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Dec. 15, 2021

Olive Oil Exports to Exceed 1M Tons by 2030, E.U. Forecasts

Despite positive trade news, climate change and declining consumption present challenges for the sector in the coming decade.

Oct. 20, 2021

European Olive Oil Exports Expected to Recover as Costs Rise

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

Olive Oil Production in Spain Expected to Fall, Officials Say

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.

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Jul. 19, 2021

Olive Oil Consumption Holds Steady as Production Slips, Latest Data Shows

International Olive Council figures revealed a dip in global production, imports and exports, while consumption held.

May. 24, 2021

Global Olive Oil Production Will Hit Four-Year High, USDA Estimates

Increasing production paired with rising vegetable oil prices is also expected to yield record exports and olive oil consumption levels.

May. 11, 2021

Olive Oil Sales Continue to Surge in Spain

The latest figures confirm a growing trend in domestic and international markets.

Apr. 20, 2021

Olive Oil Consumption Hits Record High in Australia

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

Olive Council Projects Slight Decrease in Olive Oil Consumption

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

Costco Poised for Upturn in U.S. Olive Oil Consumption

Trends seen at America’s fourth-largest retailer may predict where the olive oil sector is going.

Mar. 3, 2021

Mauritania Seeks to Join Olive Council

The West African nation and IOC will work together to promote olive cultivation, olive oil consumption and establish quality control measures.

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Jun. 3, 2020

Plant-Based Food Sales Skyrocket as U.S. Consumers Seek Healthier Options

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

Coronavirus Crisis Hits Small Producers Hardest in Portugal

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 Production in 2019 Exceeds Initial Estimates

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

Mixed Fortunes for European Olive Oil Sector Amid Covid-19 Pandemic

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

Olive Oil 'Indispensable' for Most Italians, Survey Reveals

More than 60 percent of respondents said they would never give up extra virgin olive oil, citing its taste, health benefits and cultural importance.

Mar. 30, 2020

Consumers Reject EVOO Bitterness, Study Finds

New research analyzes how consumers perceive and evaluate bitterness in olive oils.

Dec. 26, 2019

E.U. Anticipates Increase in Consumption and Exports by 2030

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

Producers and Exporters Eagerly Await Ratification of EU-Mercosur Deal

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.

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