Friday 14 December 2018 - Director LUIGI CARICATO - staff@olioofficina.net

log in - register - advertising - donate

society > news

Producer prices olive oil, June 2018

OO G

Producer prices olive oil, June 2018

 

Graph 1 tracks the weekly movements in prices paid to producers for extra virgin olive oil in the top three European producing countries and Tunisia, while Graph 3 shows the weekly changes in producer prices for refined olive oil in the main three EU producer countries. The monthly price movements for these grades of oil are tracked in Graphs 2 and 4.

Extra Virgin Olive Oil – Producer prices in Spain, after falling over the last few months entered a slight up-turn to reach €2.72/kg at the end of June 2018, which is a 30% year on year decrease (Graph 1).

Italy – Prices in Italy showed more buoyancy in the last few weeks, coming in at €4.21/kg at the end of June 2018, for a 28% year-on-year decrease. Graph 2 shows the monthly price movements of the extra virgin olive oil category in recent crop years.

Greece – Prices in Greece have fallen in recent months, posting at €2.58/kg in mid-June, which is down by 31% compared to the same period the previous crop year.

Tunisia – Prices in Tunisia have also remained stable in the last few weeks, standing at €3.43/kg at the end of June for a 18% year-on-year decrease.

Refined olive oil. Producer prices for refined olive oil in Spain and Italy generally follow the same trend as the prices for extra virgin olive oil. The price in Spain first fell sharply before climbing slightly in the last few weeks, posting at €2.32/kg at the end of June 2018, down by 40% compared to the same period the previous year. In Italy, data for this category of oil have not been available since the end of December 2017, when they stood at €3.55/kg, which was a 4% year-on-year increase. No data are available for this product category in Greece.

At the end of June 2018, the price difference in Spain between refined oil (€2.32/kg) and extra virgin olive oil (€2.72/kg) was of €0.40/kg. In Italy, the price difference between these two categories was greater, according to the December 2017 data, at €0.63/kg (Graph 3).

 

Photo by Olio Officina

OO G - 20-07-2018 - All rights reserved

Luigi Caricato
EDITORIAL

LUIGI CARICATO

DIXIT
TASTE
Antico Borgo, the scent and flavours of the Frantoio, Moraiolo and Leccino trine

Antico Borgo, the scent and flavours of the Frantoio, Moraiolo and Leccino trine

A Tuscan PGI oil made by Terre dell’Etruria, a farming cooperative society that has invested all it has on its members, expertly helping and guiding them towards quality and success. The most impressive features of this extra virgin oil, flavour apart, are its remarkable quality/price ratio and extraordinary yield > Luigi Caricato

COOKING
Ravioli with Garda extra virgin olive oil stuffing and black olive charcoals

Ravioli with Garda extra virgin olive oil stuffing and black olive charcoals

Extra Virgin Garda DOP olive oil’s distinctive traits are its naturally delicate flavor and its elegance. At the taste it can be recognized for harmony or its organoleptic notes and for the light and balanced aromas: the scents of fresh grass, aromatic herbs, hay and artichoke, together with the typical almond aftertaste, make it unique. Recipe by chef Carlo Bresciani

WEB
Olio Turri's blog, a happy exception

Olio Turri's blog, a happy exception

Very few oil producers run blogs. Turri's, with its minimalistic design, is both simple and elegant. It is also available in English: posts are published at regular intervals and dispatched through newsletters > Luigi Caricato

OO VIDEO

The art of healthy eating

The fruit of tradition, care and a passion for quality. Our story starts here, in Puglia. The beating heart of the Mediterranean Sea. This is the birthplace of our oil-making art, an art that has always considered olives as a living body. Video Spot Corporate by Masseria di Sant'Eramo