olive oil consumption / page 3

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.

Mar. 9, 2023

Third-Generation Producer Brings the World's Best Olive Oils to London

Danilo Manco opened The Olive Oil Co. more than 20 years ago to help nourish the United Kingdom’s growing olive oil culture.

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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Oct. 26, 2022

Spain Wraps up 2021/22 Campaign with Record Sales

Officials estimated that 1 million tons of olive oil were exported with the remaining 600,000 tons sold domestically. Ending stocks are expected to remain stable.

Oct. 17, 2022

Olive Oil Production to Fall 25%, European Commission Predicts

All of Europe’s main producing countries, with the exception of Greece, are expecting significant production drops. However, some believe the forecast is too pessimistic.

Sep. 30, 2022

Inflation Cuts Premium Food Sales in U.S., but Not EVOO

A recent survey found six in 10 Americans are buying less premium or luxury food. However, importers and producers reported no drop in olive oil sales.

Aug. 16, 2022

Challenges Abound for Spain’s Olive Oil Producers

High prices have buoyed the sector for much of the past year and a half, but rising production costs and persistent drought mean significant challenges lie ahead.

Jul. 25, 2022

Rising Olive Oil Prices Do Not Slow Consumption in Europe

Growing demand from households and the recovery of the foodservice sector are the main drivers increasing olive oil sales in the E.U.

May. 23, 2022

Global Olive Oil Production Expected to Slip to 2.9M Tons

The U.S. Department of Agriculture expects olive oil consumption, exports, imports and ensign stocks to decrease as well.

May. 20, 2022

Amid Growing Inflation, Italians Prioritize High-Quality Food Purchases

Italians intend to cope with the rising inflation by cutting other expenditures instead.

May. 4, 2022

Olive Oil Market Stable in E.U. Short-Term Outlook

Despite the war in Ukraine, olive oil prices are expected to remain steady. E.U.production and consumption will rise. Exports will fall.

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