prices / page 16
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.
Sep. 29, 2021
Producers in Istria Brace for a Disappointing Harvest
Producers on Croatia’s northwestern peninsula expect a decrease of up to 80 percent compared with last year’s yield.
Sep. 1, 2021
Turkey Lifts Ban on Bulk Olive Oil Exports Ahead of Schedule
The government said it implemented the ban to prevent price speculation and protect small producers. However, many producers largely opposed the prohibition.
Aug. 24, 2021 Business
Algerian Farmers in ‘State of Shock’ After Week of Deadly Fires
Aug. 6, 2021 Business
Aug. 2, 2021 Business
Report: Only One-Third of Italian Olive Oil Producers Are Competitive
Jul. 29, 2021 Business
Jul. 20, 2021 News Briefs
Edible Oil Prices Expected to Keep Increasing, Olive Oil Levels Remain Steady
May. 25, 2021
Vegetable Oil Prices Rise While Olive Oil Prices Remain Steady
Prices of rapeseed, soybean and palm oils increased in the first half of the year due to strong global demand and precarious supply.
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.
May. 6, 2021
Lower Yields in Tunisia Push Prices Higher
The growth in packaged olive oil exports has helped fuel the increase in prices per unit.
May. 3, 2021
Greek Producers Await Reopening of Restaurants, Tourism
Industry professionals believe that the reopening of the food businesses could put the stagnant market back in motion.
Apr. 22, 2021
Producers Puzzled by Turkish Ban on Bulk Olive Oil Exports
In a season where 220,000 tons were produced, Turkey has stopped bulk olive oil exports until the end of next October.
Apr. 16, 2021
Olive Oil Prices Hit Two-Year High in Spain
The suspension of U.S. tariffs and global consumption outpacing production contributed to EVOO prices exceeding €3.00 for the first time in three years.
Mar. 4, 2021
Exports and Prices Are Looking Up in Greece
The limited supply of extra virgin olive oil in Europe has created the conditions for an upward trend in producer prices in Greece following an uptick in exports.
Feb. 24, 2021
Hardships in Lebanon Shift Focus to Exports
A devaluing local currency coupled with the scarcity of hard currencies has made production more expensive. Producers are turning to exports as a solution.
Jan. 15, 2021
Apulian Producers Call for More Government Support for Olive Oil Sector
Olive oil prices in Puglia continue to slide despite lower production in 2020. Coldiretti believes the government must do more.
Nov. 18, 2020
Second Wave of Covid Hampers Harvest in Greece
A newly-imposed lockdown has brought Greece to a standstill and created a logistical nightmare for olive growers. Some health experts believe the start of the harvest is partly responsible for the spread of the virus.
Nov. 10, 2020
Europe Allows Cooperatives in Spain to Regulate Supply
After years of lobbying Brussels, Spanish cooperatives will now be able to voluntarily withdraw surplus olive oil from the market.
Oct. 27, 2020
Olive Oil Consumption Set to Outpace Production For a Change
Consumption is projected to reach 3.14 million tons while production slips in the 2020 campaign, finally reversing the downward price trends.
Oct. 27, 2020
Prices Open Higher in Greece Amid Shortage of Laborers
Early seasonal prices have reached €3.80 per kilo while the lack of foreign workers has prevented some harvesting activities in Greece.
Oct. 15, 2020
As Extra Virgin Olive Oil Consumption Remains Strong in Italy, Producers Hope Prices Follow
A survey showed that 80 percent of Italians habitually buy extra virgin olive oil. Strong domestic consumption paired with poor harvests in Europe could lead to a rebound in prices.