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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.

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.

Mar. 27, 2024

Technology Drives the Ambitions of Tunisia’s Largest Olive Oil Producer

The CHO Group was an early adopter of blockchain technology for traceability. Now, they are turning to AI to help mitigate the impacts of climate change.

Mar. 22, 2024

The Growing Pains of Albania’s Ascendant Olive Oil Sector

Production has doubled in the past decade and is expected to continue to rise. Some worry that quality will not follow suit.

Mar. 13, 2024

High Prices Are Changing How Italians Feel About Olive Oil

Consumer surveys show Italians are buying less extra virgin olive oil, while other data confirm lower supermarket sales.

Mar. 6, 2024

US Surpasses Spain as Second-Largest Olive Oil Consumer

Experts predict the U.S. will overtake Italy to become the world’s largest consumer of olive oil.

Feb. 29, 2024

Turkey's Production Plummets After Last Year's Record Harvest

Adverse weather, a poor fruit set and an ‘off-year’ have led to a meager yield.

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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.

Feb. 19, 2024

Quality Is Key in El Mistol’s Drive to Grow in Argentina, Expand Exports

The producer hopes the new government’s policy agenda and the company’s investments to expand production will improve profitability and grow the local consumer base.

Feb. 13, 2024

Local Mils in France Are All the Rage

An ample harvest and high prices have led to a surge in activity and investments in community mills.

Feb. 7, 2024

Acesur CEO Highlights Andalusia's Key Role in Sector's Future

Gonzalo Guillén believes production capacity is the limiting factor to increase olive oil consumption and Andalusia remains best positioned to expand the market.

Feb. 1, 2024

Tunisia's Olive Oil Price Cap Gets Mixed Response from Consumers

The government capped the price of olive oil to keep household costs down, but locals question the efficacy of the plan.

Jan. 29, 2024

Production in Spain Expected to Fall Short of Initial Estimates

Production estimates range from 680,000 to 755,000 tons for the 2023/24 crop year, below expectations at the start of the harvest.

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