olive oil prices

Dec. 12, 2022

Producers in Israel Reap Benefits of Record Harvest

Despite rising production costs and persistent challenges from imports, Israeli olive oil producers anticipate a bumper harvest and improved market share.

Dec. 8, 2022

In Turkey, Olive Oil Exports Rise with Prices and Production

The rising volume and value of Turkish olive oil exports have been fueled by strong production, surging prices and more branded oils.

Dec. 5, 2022

Rising Olive Oil Prices, Exports Help Sustain Tunisian Trade Balance

Olive oil accounted for 40 percent of agricultural export value. An increased focus on branding and organic farming might further grow the sector’s value.

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Nov. 28, 2022

Low Availability and Rising Prices Spark Concerns of Olive Oil Fraud in Morocco

Already-high olive oil prices could rise a further 25 percent, which would put the product out of reach of many of the country’s consumers.

Nov. 17, 2022

Spain's Minister of Agriculture Calls on Olive Oil Sector to Keep Prices Affordable

Luis Planas said that there should be enough olive oil to meet domestic and international demand but warned the whole sector needs to work together.

Nov. 2, 2022

A Bumper Harvest Predicted in Jordan

Despite drought and extreme weather, olive oil production is expected to reach 30,000 tons for only the third time in Jordan.

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Sep. 13, 2022

Ahead of the Harvest, Olive Oil Production Costs Keep Rising

The energy crisis will dramatically raise the cost of doing business for millers. However, they will not be able to pass those increases along to consumers.

Sep. 8, 2022

Olive Oil Prices Rising Worldwide

From Greece to California, producers are raising prices as a result of inflation and expectations of a poor 2022/23 crop year.

Sep. 6, 2022

Rainfall Will Dictate the Upcoming Harvest in Croatia

Rain or the lack thereof will decide how the olive growing season will go in Croatia, and whether oil prices will rise.

Aug. 16, 2022

Challenges Abound for Spain’s Olive Oil Producers

High prices have buoyed the sector for much of the past year and a half, but rising production costs and persistent drought mean significant challenges lie ahead.

Aug. 10, 2022

Rising Olive Oil Exports Fuel Trade Surplus in Andalusia

High prices at origin and shortages of sunflower oil have led to increasing olive oil exports by value around Europe and the world.

Jul. 25, 2022

Rising Olive Oil Prices Do Not Slow Consumption in Europe

Growing demand from households and the recovery of the foodservice sector are the main drivers increasing olive oil sales in the E.U.

Jul. 13, 2022

Agricultural Incomes Rise in Andalusia, Boosted by Resurgent Olive Oil Sector

Andalusian agricultural income exceeded €10 billion for the first time, spurred on by a 77-percent increase in the value of its olive oil production.

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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.

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