olive oil consumption / page 5
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 Business
Third-Generation Producer Brings the World's Best Olive Oils to London
Mar. 2, 2023 Business
Olive Oil Consumption in Italy, Greece Expected to Grow Amid Global Decline
Feb. 15, 2023 Production
Feb. 9, 2023 Business
Olive Oil Consumption Slumps in Europe as High Prices Persist
Feb. 5, 2023 News Briefs
Spain's 2022 Olive Oil Sales only Slightly Lower than Expected
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.
Dec. 12, 2022
Producers in Israel Reap Benefits of Record Harvest
Despite rising production costs and persistent challenges from imports, Israeli olive oil producers anticipate a bumper harvest and improved market share.
Nov. 28, 2022
Low Availability and Rising Prices Spark Concerns of Olive Oil Fraud in Morocco
Already-high olive oil prices could rise a further 25 percent, which would put the product out of reach of many of the country’s consumers.
Oct. 31, 2022
Concerns Over Shortages of Olive Oil in Italy Mount
Multiple organizations have raised dire warnings of significant shortages in the country's domestic retail market. Others anticipate rising prices to reduce demand.
Oct. 27, 2022
Meet an Award-Winning Producer Promoting Greek Oils in Berlin
Amadeus Tzamouranis is connecting German consumers with olive oil producers in Kalamata.
Oct. 26, 2022
Spain Wraps up 2021/22 Campaign with Record Sales
Officials estimated that 1 million tons of olive oil were exported with the remaining 600,000 tons sold domestically. Ending stocks are expected to remain stable.
Oct. 17, 2022
Olive Oil Production to Fall 25%, European Commission Predicts
All of Europe’s main producing countries, with the exception of Greece, are expecting significant production drops. However, some believe the forecast is too pessimistic.
Sep. 30, 2022
Inflation Cuts Premium Food Sales in U.S., but Not EVOO
A recent survey found six in 10 Americans are buying less premium or luxury food. However, importers and producers reported no drop in olive oil sales.
Aug. 16, 2022
Challenges Abound for Spain’s Olive Oil Producers
High prices have buoyed the sector for much of the past year and a half, but rising production costs and persistent drought mean significant challenges lie ahead.
Jul. 25, 2022
Rising Olive Oil Prices Do Not Slow Consumption in Europe
Growing demand from households and the recovery of the foodservice sector are the main drivers increasing olive oil sales in the E.U.
May. 23, 2022
Global Olive Oil Production Expected to Slip to 2.9M Tons
The U.S. Department of Agriculture expects olive oil consumption, exports, imports and ensign stocks to decrease as well.
May. 20, 2022
Amid Growing Inflation, Italians Prioritize High-Quality Food Purchases
Italians intend to cope with the rising inflation by cutting other expenditures instead.