olive oil industry

Markets

Olive oil prices on track to halve, says world's biggest producer

One of the most difficult periods for the industry is coming to an end and will be driving prices down to half of their all-time high in the coming months, according to Spain's Deoleo.

18/11/2024

Economy

New report warns that the price of basic foods could soar by 2030

The price of olive oil and baked beans, among other basic products, could dramatically rise over the next few years, according to new research by the online shopping platform BravoVoucher.

04/07/2024

Economy

Spain cuts sales tax on olive oil as shoppers baulk at rising prices

Spain is the world's leading producer and exporter of olive oil, but its cost for shoppers has risen dramatically because of inflation and a long-term drought that has decimated supplies.

26/06/2024

Food and Drink

Olive oil becomes most stolen item from Spanish shops

The secret ingredient is crime. Olive oil has become the most shoplifted item from supermarkets in Spain.

06/04/2024

Economy

Price of olive oil climbs more than 50% in a year in the EU

The inflation rate for the liquid gold skyrocketed in the second half of 2023, dwarfing general food inflation across Europe.

27/02/2024

Culture news

Euroviews. Olive oil fraudsters have sown the wind, and are reaping the whirlwind

Faking olive oil is a confidence trick on customers and a betrayal of passionate farmers who make the real thing with love and passion. But the greater crime is what’s behind the price rise and the turbocharging of fraud, Eurof Uppington writes.

22/01/2024

Food and Drink

Olive oil scams are proliferating: How to spot a fake extra-virgin?

Olive oil shortages and skyrocketing prices have created the perfect breeding ground for fraudulent producers

15/01/2024

Greece

Grove robbers target 'liquid gold' as olive oil prices triple globally

Criminals across the Mediterranean region are stealing olives and branches and even cutting down trees to lay their hands on the fruit that has tripled in price since 2019. Some of the trees have stood for more than a hundred years.

09/11/2023

Business

Spain hit hard by rising price of olive oil

Drought and extreme heatwaves have halved Spanish olive oil production. The price at origin has increased by 112 per cent since last year.

03/10/2023

Destinations

This staple of Mediterranean cuisine could disappear due to drought

The 'green gold' of Spain may not flow for much longer.

28/07/2022

Climate

Can you imagine a future without olive oil?

This is a real life Greek tragedy

13/01/2022

Green News

Which country is turning olives into renewable energy?

The plant-based waste is turned into cylindrical pellets which act as biomass fuel to heat homes.

12/11/2021