prices
Oct. 18, 2024
European Union Olive Oil Production Set to Grow by One-Third
Brussels’ autumn short-term outlook predicts volatile prices.
Oct. 18, 2024
Officials in Spain Optimistic Ahead of Harvest as Prices Remain Elevated
Spain is expected to produce between 1.4 and 1.5 million tons of olive oil in the 2024/25 crop year after a wet winter and mild spring favored a bumper crop.
Oct. 18, 2024
Trump’s Tariff Proposals Would Sting U.S. Olive Oil Consumers
Whether there is a ten- or 60-percent tariff on all imported goods, most observers believe olive oil will become more expensive, and consumers will pay the difference.
Oct. 13, 2024
Filippo Berio Exec Forecasts Production Rebound, Falling Prices
The chief executive of the North American operation believes the sector must increase supply and production efficiency while cultivating demand.
Oct. 1, 2024
Rising Prices Accompany Off-Year Harvest in Australia
Labor shortages, climate hiccups, insects and even parrots have impacted smaller growers across Australia. Meanwhile, prices for imported oils rise to unprecedented levels.
Sep. 23, 2024
Light Harvest in Argentina Accompanied by Rising Production Costs
Olive oil production in Argentina is expected to be less than one-third of last year’s record yield. At the same time, electricity and fuel prices have risen dramatically.
Aug. 11, 2024 News Briefs
Social Media Users Unimpressed With Spain's Olive Oil Tax Cut
Aug. 7, 2024 News Briefs
Jul. 31, 2024 News Briefs
Rising Olive Oil, Cocoa Prices Challenge Specialty Chocolatiers
Jul. 18, 2024 News Briefs
Despite Falling Prices at Origin, Olive Oil Retail Prices Remain Elevated
Jun. 25, 2024 News Briefs
Bank of Spain Attributes Ongoing Inflation to Soaring Olive Oil Prices
Jun. 25, 2024
Spanish Households Purchase More Sunflower Oil Than Olive Oil for the First Time
Falling olive oil sales are linked to reduced production and elevated prices, whereas sunflower oil has become more affordable during the same timeframe.
Jun. 12, 2024
Record Olive Oil Prices Drive Food Inflation in Greece
A study from the National Bank of Greece found that record olive oil prices were responsible for almost 50 percent of the increase in total food inflation.
Jun. 12, 2024
Deoleo North America CEO Says Sustainability is Key to Growing Olive Oil Sector
Thierry Moyroud views Deoleo as guardians of the industry, prioritizing quality production and sustainable practices above all else.
May. 9, 2024
Renewed Concerns of Extra Virgin Olive Oil Shortages in Spain
Extra virgin olive oil supplies from the world's largest producer are expected to fall short of both domestic demand and export needs, potentially signaling an impending global shortage.
Apr. 16, 2024
Award-Winning Catalan Producer Bets on Growing Demand for Arbequina
Two heat-hampered harvests have not deterred the producers behind Gaudea, who are betting that demand for Arbequina extra virgin olive oil will keep growing.
Apr. 12, 2024
Global Production May Exceed Expectations, but Not Enough to Move Prices
Analysts predict climate change will result in new price dynamics, with high-quality extra virgin olive oil and other market segments behaving differently.
Apr. 11, 2024
Turkish Producers Pray Export Ban Ends with Ramadan
While the prohibition on bulk exports has helped control domestic prices, producers worry it has hurt their credibility with international partners.
Jan. 29, 2024
Production in Spain Expected to Fall Short of Initial Estimates
Production estimates range from 680,000 to 755,000 tons for the 2023/24 crop year, below expectations at the start of the harvest.
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.
Jan. 16, 2024
El Niño Decimates Peruvian Olive Harvest
Olive oil production in Peru is expected to fall by as much as 90 percent in 2024.
Jan. 16, 2024
Spain Set to Eliminate Value-Added Tax on Olive Oil Sales
The tax cut is part of wider efforts to address the rising cost of living. The measure would eliminate VAT on olive oil until June 30th.
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. 21, 2023
Climate Extremes, Economic Pressures Dampen 2023 Harvest, Survey Finds
Olive oil producers gave the 2023 harvest a dismal rating in terms of yields and quality.
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.
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.