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olive oil consumption / page 2

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. 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.

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.

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.

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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.

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.

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