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A tank is filled with olive oil at the "La Bética Aceitera" mill, in the heart of Spain's olive-growing region, on Thursday 27 October 2022.

Business

Video. Why Spain is taking 188,000 tonnes of olive oil off the market

Updated: 6 November 2026 - 19:45 GMT+1

The world’s biggest olive oil producer is holding back 12% of its output from November to stop producer prices falling further. It’s the first time Spain has used the measure, which is expected to keep about 188,000 tonnes off the market until the end of September 2027.

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