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Producer prices olive oil, July 2019

International Olive Council

Graph 1 shows weekly producer price movements for extra virgin olive oil in the three main producer coun- tries of the EU and Tunisia. Graph 3 shows weekly producer price movements for refined olive oil in the twomain producer countries of the EU. Monthly price movements for these categories can be found in Graphs 2 and 4.

Extra Virgin Olive Oil – Producer prices in Spain stood at €2.23/kg in the third week of June 2019, a 19% fall compared to the same period the previous year. (Graph 1)

Italy – Producer prices in Italy stood at €5.74/kg in the second week of June 2019, a 40% increase comparedto the same period the previous year.

Greece – Prices in Greece came in at €2.58/kg in the second week of June 2019, remaining stable comparedto the same period the previous year.

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

Refined olive oil - Producer prices in Spain stood at €1.96/kg in the fourth week of May, a 11% fall comparedto the same period the previous crop year. Data from Italy have not been available since the end of December 2017, when they stood at €3.56/kg, a 4% increase on the previous crop year.

By the fourth week of May 2019, the price difference in Spain between extra virgin olive oil (€2.29/kg) and refined olive oil (€1.96/kg) stood at €0.33/kg. In Italy, the difference was €0.43/kg (Graph 3).

International Olive Council - 16-08-2019 - All rights reserved

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