olive oil consumption / page 2

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.

Jul. 26, 2023

Europe Confirms Steep Decline in Olive Oil Production

In the bloc’s latest short-term agricultural outlook report, E.U. experts said the poor harvest and low stocks will keep pressure on prices.

Jun. 27, 2023

Domestic Olive Oil Sales in Spain Remain Strong as Exports Fall

While demand for olive oil remains strong despite high prices, some in the sector worry there will not be enough stock if there is another poor harvest.

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.

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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.

Feb. 15, 2023

Officials in Uruguay Expect Another Bumper Harvest

As agronomic techniques improve and recently-planted groves enter maturity, Uruguay’s agriculture ministry expects production to continue to rise in the medium term.

Feb. 9, 2023

Olive Oil Consumption Slumps in Europe as High Prices Persist

Olive oil sales and exports have slowed down in Spain as prices at origin remain high and general inflation remains elevated.

Feb. 5, 2023

Spain's 2022 Olive Oil Sales only Slightly Lower than Expected

Olive oil sales in Spain hold relatively steady despite the many problems and price increases throughout 2022.

Dec. 30, 2022

Olive Council Forecasts Significant Production Decline

Olive oil production is expected to fall to 2.73 million tons in the 2022/23 crop year, largely due to drought and inclement weather in the Mediterranean.

Dec. 14, 2022

In Spain, Household Olive Oil Sales Fall While Overall Consumption Rises

Feeling the pinch of inflation, households cut back on their olive oil purchases. However, the end of pandemic-era restrictions saw a rise in demand from hospitality.

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