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Producer prices olive oil, August 2019

International Olive Council

Graph 1 shows the weekly producer price movements of extra virgin olive oil in the top three producer countries of the EU and Tunisia. Graph 3 shows the weekly producer price movements of refined olive oil in the top two producer countries of the EU. Price movements by month can be found in graphs 2 and 4.

Extra Virgin Olive Oil – Producer prices in Spain in the third week of July stood at €2.30/kg, an 18% fall compared to the same period the previous crop year (Graph 1).

Italy – Prices in Italy in the second week of July 2019 stood at €5.05/kg, a 17% rise compared to the same period the previous crop year.

Greece – Prices in Greece in the second week of July 2019 stood at €2.58/kg, a 4% fall compared to the same period the previous crop year.

Tunisia – Prices in Tunisia were stable in the last weeks of June 2018, coming in at €3.43/kg, an 18% fall compared to the same period the previous crop year.

Refined olive oil - Prices in Spain stood at €1.99/kg in the third week of July, a fall of 16% compared to the same period the previous crop year. Data for Italy have not been available for this category since late December 2017, when they had risen by 4% to €3.56/kg.

By the third week of July 2019, the price difference in Spain between refined olive oil (€1.99/kg) and extra virgin olive oil (€2.30/kg) was €0.31/kg. In Italy, the difference in December 207 was €0.43/kg (see Graph 3).

International Olive Council - 01-09-2019 - All rights reserved

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