prices
Jun. 25, 2024
Bank of Spain Attributes Ongoing Inflation to Soaring Olive Oil Prices
The bank’s statements come as the government announced plans to continue its Value-Added Tax markdown on most foods, including olive oil.
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 World
Global Production May Exceed Expectations, but Not Enough to Move Prices
Apr. 11, 2024 Business
Apr. 9, 2024 News Briefs
Discovery of Adulterated Olive Oil Kindles Debate Over Testing in Northern Cyprus
Apr. 1, 2024 News Briefs
Italians Have Changed Their Olive Oil Purchase Habits, Survey Finds
Mar. 27, 2024 Producer Profiles
Technology Drives the Ambitions of Tunisia’s Largest Olive Oil Producer
Mar. 22, 2024
The Growing Pains of Albania’s Ascendant Olive Oil Sector
Production has doubled in the past decade and is expected to continue to rise. Some worry that quality will not follow suit.
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.
Feb. 29, 2024
Turkey's Production Plummets After Last Year's Record Harvest
Adverse weather, a poor fruit set and an ‘off-year’ have led to a meager yield.
Feb. 29, 2024
Supermarkets in Spain Poised to Clash Over Olive Oil Prices
Olive oil prices at origin remain at historic highs, but direct-to-consumer promotions by some brands have supermarkets weighing their next move.
Feb. 23, 2024
After Bumper Harvests, a Sharply Lower Yield in Argentina
An ‘off-year’ harvest, lack of chill hours, and extreme weather events are expected to reduce the yield by as much as 40 percent.
Feb. 19, 2024
A Dismal Harvest Concludes in Greece
With the country’s olive oil production almost halved compared to last year, record prices at origin have shaped a market searching for equilibrium.
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.
Oct. 26, 2023
High-Priced Olive Oil Fuels Thefts in Greece, Farmers Respond
Tons of olive oil were stolen from a mill in northern Greece. Meanwhile, producers in Crete are contemplating anti-theft measures such as GPS trackers.
Oct. 23, 2023
Olive Oil Producers in Turkey Decry Export Freeze
Turkey’s temporary olive oil export ban has brought down domestic prices while causing headaches for exporters.
Oct. 23, 2023
Rising Prices, New Technology Attract Private Equity Interest in Olive Oil
Analysts are eyeing promising financial returns in the olive oil market, particularly in Spain and Portugal.
Oct. 12, 2023
Another Poor Harvest in Andalusia Predicted
Low output in the world’s largest olive oil-producing region will continue to push prices higher.
Oct. 11, 2023
Morocco Bans Olive Oil Exports in Bid to Control Rising Prices
Officials say the ban will stem olive oil price increases in the country. It won't help elsewhere.
Oct. 3, 2023
Why Olive Oil Prices Are Higher in Spain
A combination of retail purchase schedules, consumer habits and tax rates explain why extra virgin olive oil costs more in Spain than in France, Italy or Portugal.
Sep. 28, 2023
Olive Oil Production Expected to Fall Below 1M Tons in Spain
Anticipation of a second-consecutive poor harvest in the world’s largest olive oil producer means prices are likely to keep rising.