prices / page 2

Feb. 29, 2024

Supermarkets in Spain Poised to Clash Over Olive Oil Prices

Olive oil prices at origin remain at historic highs, but direct-to-consumer promotions by some brands have supermarkets weighing their next move.

Feb. 23, 2024

After Bumper Harvests, a Sharply Lower Yield in Argentina

An ‘off-year’ harvest, lack of chill hours, and extreme weather events are expected to reduce the yield by as much as 40 percent.

Feb. 19, 2024

A Dismal Harvest Concludes in Greece

With the country’s olive oil production almost halved compared to last year, record prices at origin have shaped a market searching for equilibrium.

Jan. 25, 2024

Record Olive Oil Prices Drive Down Consumption in Spain

Consumers are using less olive oil, buying smaller formats and switching to lower-quality categories.

Jan. 16, 2024

El Niño Decimates Peruvian Olive Harvest

Olive oil production in Peru is expected to fall by as much as 90 percent in 2024.

Jan. 16, 2024

Spain Set to Eliminate Value-Added Tax on Olive Oil Sales

The tax cut is part of wider efforts to address the rising cost of living. The measure would eliminate VAT on olive oil until June 30th.

Jan. 2, 2024

Extra Virgin Olive Oil Sales in Spain Fell by 40 Percent in 2023

The soaring retail price for extra virgin olive oil has driven the vital ingredient out of the reach of many families.

Dec. 21, 2023

Climate Extremes, Economic Pressures Dampen 2023 Harvest, Survey Finds

Olive oil producers gave the 2023 harvest a dismal rating in terms of yields and quality.

Dec. 18, 2023

Tunisia Takes Measures to Lower Olive Oil Prices at Home as Export Revenues Fall

Low fixed prices for Tunisian bulk exports to Europe mean Tunisian farmers are not benefiting from the surge in global olive oil prices.

Nov. 27, 2023

High Olive Oil Prices in Spain Spur Interest in Black Friday Discounts

While prices at origin have dipped slightly, they remain elevated in stores, prompting concern among retailers over theft and consumers over fraud.

Advertisement

Nov. 21, 2023

The Agronomic and Macroeconomic Forces Behind Olive Oil Prices in Italy

Despite an anticipated production rebound in Italy, prices will likely remain high. Farmers will need to adapt to a new reality.

Nov. 20, 2023

Olive Oil Sales Slump in Spain and Italy Amid Rising Prices

Consumers are switching to smaller bottles of extra virgin olive oil and, in some cases, choosing lower grades.

Nov. 6, 2023

Olive Oil Production in Europe Expected to Reach 1.5M Tons in 2023/24

Yields are expected to rebound after last year's historic lows. However, rising prices will hamper exports and consumption.

Oct. 26, 2023

High-Priced Olive Oil Fuels Thefts in Greece, Farmers Respond

Tons of olive oil were stolen from a mill in northern Greece. Meanwhile, producers in Crete are contemplating anti-theft measures such as GPS trackers.

Oct. 23, 2023

Olive Oil Producers in Turkey Decry Export Freeze

Turkey’s temporary olive oil export ban has brought down domestic prices while causing headaches for exporters.

Oct. 23, 2023

Rising Prices, New Technology Attract Private Equity Interest in Olive Oil

Analysts are eyeing promising financial returns in the olive oil market, particularly in Spain and Portugal.

Oct. 12, 2023

Another Poor Harvest in Andalusia Predicted

Low output in the world’s largest olive oil-producing region will continue to push prices higher.

Oct. 11, 2023

Morocco Bans Olive Oil Exports in Bid to Control Rising Prices

Officials say the ban will stem olive oil price increases in the country. It won't help elsewhere.

More