Drought in Europe triggers demand in the Middle East

“Olive oil is gold”: Drought in Europe boosts demand in the Middle East Middle Eastern producers “swimming in olive oil” smell opportunity as European harvests are reduced by the heat wave. As a result, the Middle East has a new product in high demand: olive oil. In Tunisia, the price per kilo of extra virgin […]
Record olive oil prices continue to rise after the drought in Spain

Olive Oil Prices Olive oil prices are rising further into record territory after a prolonged period of unusually dry weather in southern Europe has damaged crops. European prices first reached above €4 per kilo in September but have now soared to more than €7 per kilo due to high temperatures and lack of rainfall in […]
Not enough EVOO
Not enough EVOO in Italy The Italian olive industry fears that there is not enough EVOO to supply the market. The Italian Olive Industry Association (Assitol) has warned of the crisis situation facing the extra virgin olive oil sector due to the “”catastrophic”” olive oil campaign, which has been affected by drought and extreme weather […]
Olive oil: Spain denounces Moroccan competition

Spain denounces Moroccan competition The European Union (EU) has just allocated 115 million euros to Morocco to support the kingdom in tree planting, including 600,000 new olive trees. Bad news for Spanish olive growers who fear stiff competition. According to the Spanish Ministry of Agriculture, Fisheries and Food, only 780,000 tons of olive oil will […]
Drought in Morocco: Olive Oil Shortage?

Olive Oil Shortage In Morocco, between 3 and 4 liters of olive oil are consumed per person per year. However, the fears of Moroccan olive growers are confirmed, and waves of drought have jeopardized harvests. Professionals say they are desperate, as their losses increase over the years. After milk and various consumer products, it’s olive […]
How Greek olive oil becomes ‘Italian’

Greek Olive Oil Goes ‘Italian’ Greece is the second-largest supplier to the Italian olive oil industry, according to an analysis of the Italian olive oil sector conducted by the Economic and Commercial Affairs Office of the Greek Embassy in Milan. In 2021, over 75% of Greek olive oil exports went to Italy in bulk. This […]
Spain increases its olive oil exports to Germany by 32%
Olive oil exports to Germany In the first half of this year, Spain exported more than 13,000 tons of olive oil to Germany, representing an increase of 32% compared to the same period last year. In addition, Spain supplies 30% of all olive oils sold in Germany, compared to only 14% a decade ago. During […]
Olive oil prices could increase

Olive oil prices could rise by 25% as heatwave hits production Olive oil prices will rise as heatwaves hit production in Spain, according to Acesur, a supplier to the UK’s largest supermarkets. Customers could see a 20% to 25% increase in prices. Spain produces almost half of the world’s olive oil. But the country, along […]
Huge drought attacks Spanish olive grove

Heat wave threatens olive oil production Italy is also experiencing its worst drought in 70 years, which is not helping the potential shortage. Now, scorching temperatures in Spain threaten olive oil. According to Travel + Leisure, an unprecedented heat wave, which has been dubbed “”Zoe””, is depressing olive production. If there is no relief in […]
Mercadona extra virgin olive oil
Mercadona EVOO In the competitive and dynamic food market, extra virgin olive oil (EVOO) has become an essential pillar of the Mediterranean diet and a must-have in the Spanish shopping basket. Mercadona, one of the retail giants in Spain, offers its own Hacendado EVOO at a competitive price of €4.75 per liter. Mercadona Extra Virgin […]
Lampante oil

Lampante olive oil: definition There are several types of olive oil available. Therefore, we need to understand them well to ensure we buy the right olive oil. Here we explain what lampante olive oil is and whether it is safe to consume. The definition of lampante olive oil is a virgin olive oil that is […]
Difference between virgin and extra virgin olive oil
Virgin and extra virgin olive oil: differences Extra virgin olive oil is oil with a chemical acidity level of less than 0.8°C and organoleptically free of defects. Similarly, virgin olive oil is oil with a chemical acidity level of less than or equal to 2°C and a median defect score on a tasting panel of […]