olive oil prices

Jun. 5, 2023

Farmers and Consumers React to Rising Olive Oil Prices

As drought pushes production prices up across the Mediterranean, farmers and consumers adapt.

May. 22, 2023

As Spain Fights Food Inflation, Pressures Keep Mounting

While inflation shows signs of moderation, political uncertainty ahead of a major election and the ongoing drought will continue to put pressure on olive oil and food prices.

May. 19, 2023

Climate Disasters Drive Prices Higher

Drought on the Iberian Peninsula and floods in Croatia have resulted in a rocky start to olive development, spurring more price rises.

May. 2, 2023

Prices Continue to Break Records in Spain Ahead of Dismal Harvest Outlook

However, timely rain paired with stagnant global demand and an increasing number of olive groves entering maturity could reverse the price trends.

Apr. 22, 2023

Olive Oil Prices Rising Faster than Inflation in Italy

Olive oil prices at origin in Italy are 46 percent higher than last year, driving up the costs of other popular foods.

Mar. 20, 2023

16 Arrested as Police Uncover Network of Olive Thieves Outside Madrid

Spain’s Guardia Civil seized 6,000 liters of olive oil likely made from stolen olives.

Jan. 24, 2023

Albanian Producers Struggle with Low Prices

While Albanian farmers enjoyed a bountiful harvest, low prices on the internal market and challenging logistics are causing concern.

Jan. 18, 2023

Tunisian Olive Oil Prices Keep Climbing

Local authorities have confirmed a lower-than-expected olive oil yield, leading to a steady rise in prices.

Jan. 17, 2023

Spain's Olive Oil VAT Reduction Might Not Be Sufficient

Olive oil producers argue that the temporary VAT reduction is undercut by rising production costs and the tax on plastics.

Jan. 5, 2023

Prices Set Records in Spain

Olive oil prices at origin are mounting in Spain. Extra virgin olive oils, in particular, are showing record-breaking week-by-week increases.

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. 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.

Dec. 8, 2022

In Turkey, Olive Oil Exports Rise with Prices and Production

The rising volume and value of Turkish olive oil exports have been fueled by strong production, surging prices and more branded oils.

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.

Jul. 13, 2022

Agricultural Incomes Rise in Andalusia, Boosted by Resurgent Olive Oil Sector

Andalusian agricultural income exceeded €10 billion for the first time, spurred on by a 77-percent increase in the value of its olive oil production.

May. 16, 2022

Rising Prices Contribute to Spike in Olive Thefts in Jaén

The increase in thefts, which mainly involve criminal organizations stealing harvested olives from the field or the mills, was largely attributed to rising prices.

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.

Apr. 26, 2022

A Bittersweet Harvest Season for Greek Producers

Olive oil of high quality, medium quantity and average prices with increased production costs amid adverse weather were the main characteristics of the harvesting season in Greece.

Apr. 11, 2022

Olive Oil Sales and Exports on the Rise in Tunisia and Spain

Olive oil prices are also rising in both countries but producers are not always seeing the benefit.

Apr. 6, 2022

Rising Sunflower Oil Prices Present Opportunities and Challenges in Spain

Some industry officials believe the country’s surplus of olive oil will alleviate the rising prices of sunflower oil.

Apr. 5, 2022

Transportation Strikes in Spain Lead to Decrease in Olive Oil Exports

Officials warned that the latest setback for the sector may cause irreversible damage and lead to permanent market share loss in some key destinations.