olive oil consumption

Jul. 23, 2024

The Challenges and Opportunities Facing Morocco’s Olive Oil Sector

While investments are being made to promote quality and climate resilience, some policies are hurting local consumption and inhibiting value-added production.

Jul. 18, 2024

Despite Falling Prices at Origin, Olive Oil Retail Prices Remain Elevated

Various factors contribute to persistently high olive oil prices at retail, including market structure, speculation and resilient global demand.

Jun. 25, 2024

Spanish Households Purchase More Sunflower Oil Than Olive Oil for the First Time

Falling olive oil sales are linked to reduced production and elevated prices, whereas sunflower oil has become more affordable during the same timeframe.

Jun. 12, 2024

Deoleo North America CEO Says Sustainability is Key to Growing Olive Oil Sector

Thierry Moyroud views Deoleo as guardians of the industry, prioritizing quality production and sustainable practices above all else.

Jun. 10, 2024

U.S. Sees Significant Growth in Organic Olive Oil Sales

In the past two years, organic olive oil sales in the U.S. have increased by ten percent while conventional extra virgin olive oil sales slipped.

May. 28, 2024

Spanish Olive Oil Sector Works to Develop Exports to China

As high prices change consumption habits in Europe, Spanish producers and exporters seek to promote olive oil consumption in the world’s second-largest economy.

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.

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.

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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. 27, 2023

Domestic Olive Oil Sales in Spain Remain Strong as Exports Fall

While demand for olive oil remains strong despite high prices, some in the sector worry there will not be enough stock if there is another poor harvest.

Jun. 12, 2023

Tracking the Rise of Olive Oil in Japan

The rising quantity and quality of olive oil production in Japan presents opportunities for local farmers as well as European exporters.

May. 30, 2023

Even an Abundant Harvest Would Not Ward Off Olive Oil Shortage in Italy

The general director of Assitol blamed an imbalanced market on poor harvests across the Mediterranean and the strategies of large retailers.

May. 17, 2023

Global Olive Oil Production Predicted to Rebound

USDA economists project that production will rise in Europe and Tunisia.

Apr. 11, 2023

Portugal Enjoys Record-High ‘Off-Year’ Harvest

The country is expected to produce slightly more than 126,000 tons, the fourth-highest yield on record. Initial estimates forecasted production of fewer than 100,000 tons.

Mar. 27, 2023

Demand for Organic Olive Oil Growing Globally

By 2030, the organic olive oil market could be worth more than ten percent of the sector total, up from the current six percent.

Mar. 27, 2023

Olive Oil Sales Slump in Spain, Production Forecasts Again Revised Downward

Spain will produce 680,000 tons of olive oil in the 2022/23 crop year, the lowest total in a decade. Sales domestically have also decreased compared to last year.

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