olive oil consumption
Feb. 7, 2025
Olive Oil Demand Expected to Grow Alongside Supply
The International Olive Council expects global olive oil consumption to increase with production, though its distribution is changing.
Jan. 28, 2025
Moroccan Producers Face Third Straight Year of Declining Production
Olive oil production is expected to fall to 90,000 metric tons, resulting in rapidly rising prices and fears of a shortage.
Jan. 9, 2025
Uruguay Anticipates Harvest Rebound
Good climate conditions and a promising fruit set portend a harvest rebound in Uruguay. While this year's yield will exceed the 2024 total, it will likely be less than in 2023.
Dec. 16, 2024
Olive Oil Exports from Spain Reach Record High, Defying Production Hurdles
Exporters saw revenues rise by more than 50 percent even as they shipped average volumes.
Dec. 16, 2024
Spain Bets on Comedy to Boost Olive Oil Sales
In a new national comedy tour, stand-up stars will be promoting extra virgin olive oil in major cities across Spain.
Dec. 14, 2024
E.U Report Predicts Stagnant Olive Oil Market
Olive oil production and consumption will be flat or slightly declining over the next ten years, a European Commission report predicts.
Nov. 7, 2024 News Briefs
Oct. 18, 2024 News Briefs
European Union Olive Oil Production Set to Grow by One-Third
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
Sep. 5, 2024 News Briefs
Spanish Producers, Policy Makers Explore Strategies for Success in Chinese Market
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.
Jul. 23, 2024
The Challenges and Opportunities Facing Morocco’s Olive Oil Sector
While investments are being made to promote quality and climate resilience, some policies are hurting local consumption and inhibiting value-added production.
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
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
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.
Jun. 10, 2024
U.S. Sees Significant Growth in Organic Olive Oil Sales
In the past two years, organic olive oil sales in the U.S. have increased by ten percent while conventional extra virgin olive oil sales slipped.
May. 28, 2024
Spanish Olive Oil Sector Works to Develop Exports to China
As high prices change consumption habits in Europe, Spanish producers and exporters seek to promote olive oil consumption in the world’s second-largest economy.
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.
Dec. 18, 2023
Reflections on 45 Years Championing Italian Olive Oil in America
Nearly half of a century after a chance encounter with an Italian olive oil producer, John J. Profaci looks back on his role in the American market.
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.
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.
Sep. 14, 2023
Syria Restricts Olive Oil Exports as Harvest Outlook Worsens
Olive oil production in Syria is expected to fall by 50 percent in the 2023/24 crop year. Authorities have banned exports to prevent price rises.
Sep. 14, 2023
Olive Oil Prices Soar on Drought and Poor Harvests, Impacting Consumers Worldwide
Olive oil prices are soaring due to drought and poor harvests in major producing countries with varying impacts in different regions.
Sep. 7, 2023
Spanish Officials Raise Alarm Over Rising Olive Oil Prices While Calling for Calm
Olive oil prices have exceeded €10 per liter at retail and are expected to continue rising. Rain in Andalusia would provide a glimmer of hope for the approaching harvest.