olive oil consumption / page 6
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 News Briefs
Dec. 12, 2022 Production
Nov. 28, 2022 Business
Low Availability and Rising Prices Spark Concerns of Olive Oil Fraud in Morocco
Oct. 31, 2022 News Briefs
Oct. 27, 2022 Producer Profiles
Meet an Award-Winning Producer Promoting Greek Oils in Berlin
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.
May. 4, 2022
Olive Oil Market Stable in E.U. Short-Term Outlook
Despite the war in Ukraine, olive oil prices are expected to remain steady. E.U.production and consumption will rise. Exports will fall.
May. 3, 2022
Campaign in Crete Urges Hospitality Establishments to Choose Local Olive Oils
Officials and olive oil professionals on the island want to encourage food entrepreneurs to use locally-produced olive oil in taverns, restaurants and hotels.
Apr. 6, 2022
As Most Consumers Find Ways to Cut Costs, Olive Oil Consumption Trends Higher
One survey suggests people are consuming less and looking for cheaper alternatives. However, sustainability and the environment remain relevant values for consumers.
Mar. 23, 2022
Global Olive Oil Consumption Continues to Outpace Production
For the third consecutive year, the world consumed more olive oil than it produced. The IOC said this demonstrates a fundamental shift in consumer values.
Mar. 16, 2022
Greeks Follow a Hybrid Mediterranean Diet, Researchers Find
Greeks mostly adhere to the diet's standards with the addition of red meat and snacks.
Mar. 2, 2022
Record Yields for Portugal in the 2021/22 Crop Year
Ideal weather and more modern olive groves allowed Portugal to harvest up to 230,000 tons of olive oil. However, experts warn of challenges ahead.
Feb. 17, 2022
Olive Council Announces Australian Campaign
The IOC said a three-year campaign tp promote olive oil in Australia will target consumers, producers and policymakers.
Jan. 19, 2022
Olive Council: Production Expected to Rebound in 2021/22 Crop Year
Olive oil production decreased by nearly eight percent in 2020/21 along with consumption. Both are expected to rebound during the current crop year.