olive oil consumption

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.

Feb. 1, 2024

Tunisia's Olive Oil Price Cap Gets Mixed Response from Consumers

The government capped the price of olive oil to keep household costs down, but locals question the efficacy of the plan.

Jan. 25, 2024

Record Olive Oil Prices Drive Down Consumption in Spain

Consumers are using less olive oil, buying smaller formats and switching to lower-quality categories.

Jan. 16, 2024

El Niño Decimates Peruvian Olive Harvest

Olive oil production in Peru is expected to fall by as much as 90 percent in 2024.

Jan. 16, 2024

IOC Leader Focuses on Expanding Cultivation, Fighting Climate Change

The International Olive Council director, Jaime Lillo, says the future of olive oil production lies beyond the Mediterranean.

Jan. 15, 2024

Producers in Uruguay See Awards Fueling Exports, Local Olive Oil Culture

Uruguayans turned heads at the 2023 World Olive Oil Competition, setting their sights on export markets and homegrown appreciation.

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.

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. 14, 2023

Tunisia Has a Plan to Boost Its Olive Oil Industry

The strategy aims to increase annual production of extra virgin olive oil while growing packaged exports and domestic consumption.

Aug. 10, 2023

Andalusian Producers Seek Deeper Trade Ties with Japan

Olive oil consumption has risen steadily in the world’s third-largest economy over the past 30 years, and Andalusian producers are seeking to grow their market share.

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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.

Dec. 12, 2022

Record-High Olive Oil and Fruit Yields Anticipated in Iran

Authorities anticipate olive oil production could reach 17,000 tons in 2022/23. They hope the bumper harvest will result in more exports and stimulate domestic consumption.

Dec. 12, 2022

Producers in Israel Reap Benefits of Record Harvest

Despite rising production costs and persistent challenges from imports, Israeli olive oil producers anticipate a bumper harvest and improved market share.

Nov. 28, 2022

Low Availability and Rising Prices Spark Concerns of Olive Oil Fraud in Morocco

Already-high olive oil prices could rise a further 25 percent, which would put the product out of reach of many of the country’s consumers.

Oct. 31, 2022

Concerns Over Shortages of Olive Oil in Italy Mount

Multiple organizations have raised dire warnings of significant shortages in the country's domestic retail market. Others anticipate rising prices to reduce demand.

Oct. 27, 2022

Meet an Award-Winning Producer Promoting Greek Oils in Berlin

Amadeus Tzamouranis is connecting German consumers with olive oil producers in Kalamata.

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