olive oil consumption

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.

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.

May. 7, 2024

European Olive Oil Supply Hits Decade-Low

A production drop and low stocks have kept prices high, tempering demand.

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. 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

IOC Leader Focuses on Expanding Cultivation, Fighting Climate Change

The International Olive Council director, Jaime Lillo, says the future of olive oil production lies beyond the Mediterranean.

Jan. 15, 2024

Producers in Uruguay See Awards Fueling Exports, Local Olive Oil Culture

Uruguayans turned heads at the 2023 World Olive Oil Competition, setting their sights on export markets and homegrown appreciation.

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.

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Jun. 12, 2023

Tracking the Rise of Olive Oil in Japan

The rising quantity and quality of olive oil production in Japan presents opportunities for local farmers as well as European exporters.

May. 30, 2023

Even an Abundant Harvest Would Not Ward Off Olive Oil Shortage in Italy

The general director of Assitol blamed an imbalanced market on poor harvests across the Mediterranean and the strategies of large retailers.

May. 17, 2023

Global Olive Oil Production Predicted to Rebound

USDA economists project that production will rise in Europe and Tunisia.

Apr. 11, 2023

Portugal Enjoys Record-High ‘Off-Year’ Harvest

The country is expected to produce slightly more than 126,000 tons, the fourth-highest yield on record. Initial estimates forecasted production of fewer than 100,000 tons.

Mar. 27, 2023

Demand for Organic Olive Oil Growing Globally

By 2030, the organic olive oil market could be worth more than ten percent of the sector total, up from the current six percent.

Mar. 27, 2023

Olive Oil Sales Slump in Spain, Production Forecasts Again Revised Downward

Spain will produce 680,000 tons of olive oil in the 2022/23 crop year, the lowest total in a decade. Sales domestically have also decreased compared to last year.

Mar. 9, 2023

Third-Generation Producer Brings the World's Best Olive Oils to London

Danilo Manco opened The Olive Oil Co. more than 20 years ago to help nourish the United Kingdom’s growing olive oil culture.

Mar. 2, 2023

Olive Oil Consumption in Italy, Greece Expected to Grow Amid Global Decline

Despite rising prices, lower production and the impacts of inflation, olive oil consumption in Italy and Greece is expected to rise, bucking the global trend.

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