prices

Jan. 9, 2025

Uruguay Anticipates Harvest Rebound

Good climate conditions and a promising fruit set portend a harvest rebound in Uruguay. While this year's yield will exceed the 2024 total, it will likely be less than in 2023.

Dec. 16, 2024

Olive Oil Exports from Spain Reach Record High, Defying Production Hurdles

Exporters saw revenues rise by more than 50 percent even as they shipped average volumes.

Dec. 10, 2024

Italian Producers Grapple with Market Instability

Record olive oil imports paired with lowered yields have compounded the worries of the sector.

Dec. 2, 2024

Producers Navigate Climate and Market Headwinds with Optimism

In the annual Olive Oil Times Harvest Survey, farmers and millers rated their harvests above average while citing familiar challenges of climate change and consumer confusion.

Nov. 22, 2024

Experts Predict Significant Decline in Olive Oil Prices

The world’s largest bottlers expect prices to fall below €5 per liter as major producing countries report harvest rebounds.

Oct. 18, 2024

European Union Olive Oil Production Set to Grow by One-Third

Brussels’ autumn short-term outlook predicts volatile prices.

Aug. 11, 2024

Social Media Users Unimpressed With Spain's Olive Oil Tax Cut

Consumers contended that eliminating the value-added tax for olive oil did not result in a significant price drop in supermarkets.

Aug. 7, 2024

Open Source AI Model Accurately Predicted Olive Oil Prices

The model accurately predicted olive oil price movements and timing while it was developed in 2017 and 2018. Its creator said its scientific basis remains valid and released it publicly.

Jul. 31, 2024

Rising Olive Oil, Cocoa Prices Challenge Specialty Chocolatiers

Despite historically high prices, extra virgin olive oil has made olive oil chocolatiers more competitive as cocoa butter prices have risen even more.

Jul. 18, 2024

Despite Falling Prices at Origin, Olive Oil Retail Prices Remain Elevated

Various factors contribute to persistently high olive oil prices at retail, including market structure, speculation and resilient global demand.

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.

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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.

Feb. 19, 2024

Quality Is Key in El Mistol’s Drive to Grow in Argentina, Expand Exports

The producer hopes the new government’s policy agenda and the company’s investments to expand production will improve profitability and grow the local consumer base.

Feb. 13, 2024

Local Mils in France Are All the Rage

An ample harvest and high prices have led to a surge in activity and investments in community mills.

Feb. 7, 2024

Acesur CEO Highlights Andalusia's Key Role in Sector's Future

Gonzalo Guillén believes production capacity is the limiting factor to increase olive oil consumption and Andalusia remains best positioned to expand the market.

Feb. 1, 2024

Tunisia's Olive Oil Price Cap Gets Mixed Response from Consumers

The government capped the price of olive oil to keep household costs down, but locals question the efficacy of the plan.

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.

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