prices / page 4

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.

Jan. 2, 2024

Extra Virgin Olive Oil Sales in Spain Fell by 40 Percent in 2023

The soaring retail price for extra virgin olive oil has driven the vital ingredient out of the reach of many families.

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.

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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.

Sep. 25, 2023

Olive Farmers in Puglia Face Catastrophic Harvest After Autumn Storms

The damage to the southern Italian region’s olive trees is expected to drive up prices in the short term and lower production in future harvests.

Sep. 18, 2023

Olive Oil Thefts Rising in Mills and Supermarkets Across Spain

Rising prices and an increase in organized criminal activity are driving the increase in thefts, officials said.

Sep. 14, 2023

Syria Restricts Olive Oil Exports as Harvest Outlook Worsens

Olive oil production in Syria is expected to fall by 50 percent in the 2023/24 crop year. Authorities have banned exports to prevent price rises.

Sep. 14, 2023

Olive Oil Prices Soar on Drought and Poor Harvests, Impacting Consumers Worldwide

Olive oil prices are soaring due to drought and poor harvests in major producing countries with varying impacts in different regions.

Sep. 7, 2023

Spanish Officials Raise Alarm Over Rising Olive Oil Prices While Calling for Calm

Olive oil prices have exceeded €10 per liter at retail and are expected to continue rising. Rain in Andalusia would provide a glimmer of hope for the approaching harvest.

Aug. 24, 2023

Olive Oil Prices Soar in Greece

The shortage of olive oil stocks in Europe and domestic inflation are pushing prices to new heights.

Aug. 18, 2023

Citing Rising Prices and Low Margins, Turkey Bans Bulk Olive Oil Exports

The trade ministry wants to promote the country's packaged olive oil exports while limiting further price rises for domestic consumers.

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