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.
Oct. 18, 2024 News Briefs
European Union Olive Oil Production Set to Grow by One-Third
Oct. 18, 2024 Production
Officials in Spain Optimistic Ahead of Harvest as Prices Remain Elevated
Oct. 18, 2024 Business
Trump’s Tariff Proposals Would Sting U.S. Olive Oil Consumers
Oct. 13, 2024 Production
Filippo Berio Exec Forecasts Production Rebound, Falling Prices
Oct. 1, 2024 Production
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.
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.