prices
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.
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 Business
Trump’s Tariff Proposals Would Sting U.S. Olive Oil Consumers
Oct. 13, 2024 Production
Filippo Berio Exec Forecasts Production Rebound, Falling Prices
Oct. 1, 2024 Production
Sep. 23, 2024 Production
Light Harvest in Argentina Accompanied by Rising Production Costs
Aug. 11, 2024 News Briefs
Social Media Users Unimpressed With Spain's Olive Oil Tax Cut
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.
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.
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.
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.