prices / page 13
Jan. 21, 2022
Production Costs Set for Steep Rise in Italy
Producers associations warn production costs could increase by 12 percent in 2022, fueled by rising energy prices and raw material costs.
Jan. 17, 2022
After Big Gains, Spanish Olive Oil Prices Begin Year Steady
Growing consumption outside of the Mediterranean basin coupled with a strong 2021 harvest in Spain and weaker harvests elsewhere saw prices rise €3.00 per liter.
Dec. 29, 2021
Italy Implements European Law Prohibiting Sale of EVOO Below Cost
A senior official at Assitol said the law is needed to protect small producers and growers from unsustainable business practices.
Dec. 22, 2021 Production
Boundary Bend Co-Founder: Quality and Investment Are Key to Olive Oil’s Future
Dec. 16, 2021 Production
Nov. 16, 2021 Business
Oct. 20, 2021 Production
European Olive Oil Exports Expected to Recover as Costs Rise
Sep. 29, 2021 News Briefs
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.
Aug. 2, 2021
Report: Only One-Third of Italian Olive Oil Producers Are Competitive
A report from the Institute of Services for the Agricultural and Food Market addressed Italy’s growing olive oil trade deficit, with production stagnant over the past half-decade while imports and consumption climb.
Jul. 29, 2021
Trucker Shortage, Pay Increases Hit U.S. Olive Oil Market
A sharp increase in truckers' wages has caused a spike in olive oil prices.
Jul. 20, 2021
Edible Oil Prices Expected to Keep Increasing, Olive Oil Levels Remain Steady
Poor harvest outlooks for major edible oil crops paired with steady demand means prices will likely rise until 2022 analysts say.
May. 25, 2021
Vegetable Oil Prices Rise While Olive Oil Prices Remain Steady
Prices of rapeseed, soybean and palm oils increased in the first half of the year due to strong global demand and precarious supply.
May. 24, 2021
Global Olive Oil Production Will Hit Four-Year High, USDA Estimates
Increasing production paired with rising vegetable oil prices is also expected to yield record exports and olive oil consumption levels.
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.