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prices / page 2

Dec. 10, 2024

Italian Producers Grapple with Market Instability

Record olive oil imports paired with lowered yields have compounded the worries of the sector.

Dec. 2, 2024

Producers Navigate Climate and Market Headwinds with Optimism

In the annual Olive Oil Times Harvest Survey, farmers and millers rated their harvests above average while citing familiar challenges of climate change and consumer confusion.

Nov. 22, 2024

Experts Predict Significant Decline in Olive Oil Prices

The world’s largest bottlers expect prices to fall below €5 per liter as major producing countries report harvest rebounds.

Sep. 23, 2024

Light Harvest in Argentina Accompanied by Rising Production Costs

Olive oil production in Argentina is expected to be less than one-third of last year’s record yield. At the same time, electricity and fuel prices have risen dramatically.

Aug. 11, 2024

Social Media Users Unimpressed With Spain's Olive Oil Tax Cut

Consumers contended that eliminating the value-added tax for olive oil did not result in a significant price drop in supermarkets.

Aug. 7, 2024

Open Source AI Model Accurately Predicted Olive Oil Prices

The model accurately predicted olive oil price movements and timing while it was developed in 2017 and 2018. Its creator said its scientific basis remains valid and released it publicly.

Jul. 31, 2024

Rising Olive Oil, Cocoa Prices Challenge Specialty Chocolatiers

Despite historically high prices, extra virgin olive oil has made olive oil chocolatiers more competitive as cocoa butter prices have risen even more.

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

Bank of Spain Attributes Ongoing Inflation to Soaring Olive Oil Prices

The bank’s statements come as the government announced plans to continue its Value-Added Tax markdown on most foods, including olive oil.

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.

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Jun. 12, 2024

Record Olive Oil Prices Drive Food Inflation in Greece

A study from the National Bank of Greece found that record olive oil prices were responsible for almost 50 percent of the increase in total food inflation.

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.

May. 9, 2024

Renewed Concerns of Extra Virgin Olive Oil Shortages in Spain

Extra virgin olive oil supplies from the world's largest producer are expected to fall short of both domestic demand and export needs, potentially signaling an impending global shortage.

Apr. 16, 2024

Award-Winning Catalan Producer Bets on Growing Demand for Arbequina

Two heat-hampered harvests have not deterred the producers behind Gaudea, who are betting that demand for Arbequina extra virgin olive oil will keep growing.

Apr. 12, 2024

Global Production May Exceed Expectations, but Not Enough to Move Prices

Analysts predict climate change will result in new price dynamics, with high-quality extra virgin olive oil and other market segments behaving differently.

Apr. 11, 2024

Turkish Producers Pray Export Ban Ends with Ramadan

While the prohibition on bulk exports has helped control domestic prices, producers worry it has hurt their credibility with international partners.

Apr. 9, 2024

Discovery of Adulterated Olive Oil Kindles Debate Over Testing in Northern Cyprus

High olive oil prices and an import ban by the de facto state have created fertile ground for unscrupulous actor’s in the local market.

Apr. 1, 2024

Italians Have Changed Their Olive Oil Purchase Habits, Survey Finds

Despite rising prices and lower availability, 48 percent of Italian households continue to purchase as much olive oil as they did in previous years.

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