olive oil consumption / page 2

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.

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.

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Aug. 24, 2023

Olive Oil Prices Soar in Greece

The shortage of olive oil stocks in Europe and domestic inflation are pushing prices to new heights.

Aug. 14, 2023

Tunisia Has a Plan to Boost Its Olive Oil Industry

The strategy aims to increase annual production of extra virgin olive oil while growing packaged exports and domestic consumption.

Aug. 10, 2023

Andalusian Producers Seek Deeper Trade Ties with Japan

Olive oil consumption has risen steadily in the world’s third-largest economy over the past 30 years, and Andalusian producers are seeking to grow their market share.

Jul. 31, 2023

Concerns Mount Over Olive Oil Shortage in Spain

With olive oil stocks expected to run out by the start of the coming harvest and predictions of another low yield, experts anticipate prices to continue rising.

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.

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