prices / page 12

Sep. 1, 2021

Turkey Lifts Ban on Bulk Olive Oil Exports Ahead of Schedule

The government said it implemented the ban to prevent price speculation and protect small producers. However, many producers largely opposed the prohibition.

Aug. 24, 2021

Algerian Farmers in ‘State of Shock’ After Week of Deadly Fires

While the damage to olive groves has yet to be fully assessed, some experts believe the fires will impact the 2021 harvest and prices.

Aug. 6, 2021

Positive Signs for Olive Oil Sector in E.U. Report

The European Commission expects olive oil exports to hit a record high in 2021. Growing demand, decreasing imports and a steady supply suggest prices will rise too.

May. 11, 2021

Olive Oil Sales Continue to Surge in Spain

The latest figures confirm a growing trend in domestic and international markets.

May. 6, 2021

Lower Yields in Tunisia Push Prices Higher

The growth in packaged olive oil exports has helped fuel the increase in prices per unit.

May. 3, 2021

Greek Producers Await Reopening of Restaurants, Tourism

Industry professionals believe that the reopening of the food businesses could put the stagnant market back in motion.

Apr. 22, 2021

Producers Puzzled by Turkish Ban on Bulk Olive Oil Exports

In a season where 220,000 tons were produced, Turkey has stopped bulk olive oil exports until the end of next October.

Apr. 16, 2021

Olive Oil Prices Hit Two-Year High in Spain

The suspension of U.S. tariffs and global consumption outpacing production contributed to EVOO prices exceeding €3.00 for the first time in three years.

Mar. 4, 2021

Exports and Prices Are Looking Up in Greece

The limited supply of extra virgin olive oil in Europe has created the conditions for an upward trend in producer prices in Greece following an uptick in exports.

Feb. 24, 2021

Hardships in Lebanon Shift Focus to Exports

A devaluing local currency coupled with the scarcity of hard currencies has made production more expensive. Producers are turning to exports as a solution.

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Jan. 15, 2021

Apulian Producers Call for More Government Support for Olive Oil Sector

Olive oil prices in Puglia continue to slide despite lower production in 2020. Coldiretti believes the government must do more.

Nov. 18, 2020

Second Wave of Covid Hampers Harvest in Greece

A newly-imposed lockdown has brought Greece to a standstill and created a logistical nightmare for olive growers. Some health experts believe the start of the harvest is partly responsible for the spread of the virus.

Nov. 10, 2020

Europe Allows Cooperatives in Spain to Regulate Supply

After years of lobbying Brussels, Spanish cooperatives will now be able to voluntarily withdraw surplus olive oil from the market.

Oct. 27, 2020

Olive Oil Consumption Set to Outpace Production For a Change

Consumption is projected to reach 3.14 million tons while production slips in the 2020 campaign, finally reversing the downward price trends.

Oct. 27, 2020

Prices Open Higher in Greece Amid Shortage of Laborers

Early seasonal prices have reached €3.80 per kilo while the lack of foreign workers has prevented some harvesting activities in Greece.

Oct. 15, 2020

As EVOO Consumption Remains Strong in Italy, Producers Hope Prices Follow

A survey showed that 80 percent of Italians habitually buy extra virgin olive oil. Strong domestic consumption paired with poor harvests in Europe could lead to a rebound in prices.

Sep. 21, 2020

Some Signs Suggest Better Outlook for Greek Farmers

Lower yield predictions in Spain and Italy open new hopes for Greek olive growers as harvesting begins.

Sep. 16, 2020

Climate and Covid Worry Farmers Preparing for Harvest

An Olive Oil Times survey reveals a season of growing uncertainties and challenges for olive oil producers.

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