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 News Briefs
Aug. 10, 2023 News Briefs
Jul. 31, 2023 Business
Jul. 26, 2023 News Briefs
Jun. 27, 2023 News Briefs
Domestic Olive Oil Sales in Spain Remain Strong as Exports Fall
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.
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.
Dec. 13, 2022
European Officials See Olive Oil Supplanting Butter, Vegetable Oil Consumption
E.U. officials said increased awareness of olive oil health benefits and reduced consumption of other edible oils would drive the trend.
Dec. 12, 2022
Record-High Olive Oil and Fruit Yields Anticipated in Iran
Authorities anticipate olive oil production could reach 17,000 tons in 2022/23. They hope the bumper harvest will result in more exports and stimulate domestic consumption.