Olive Oil Prices Fall 30-40% From 2024 Highs — What’s Driving the Correction
Extra virgin olive oil prices have dropped 30-40% from 2024’s record highs as Mediterranean supply recovers. Here’s what’s behind the shift.
Extra virgin olive oil prices have dropped 30-40% from 2024’s record highs as Mediterranean supply recovers. Here’s what’s behind the shift.
Tunisia took home 49 gold medals at the 2026 New York International Olive Oil Competition, with 70 national brands competing. Here’s what the results signal.
The International Olive Council forecasts global olive oil output at 3.44 million tonnes for 2025/26, a 4% decline from the previous season.
Olive oil sales drove a 25.2% jump in Tunisia’s agri-food exports in the first half of 2026, reaching 3.3 billion dinars, up from 2.3 billion a year earlier.
Roughly 85% of Tunisia’s olive groves surround Sfax, which alone accounts for about 38% of the country’s olive oil exports. Here’s why the region dominates.
Tunisia’s producers expect a record 500,000-tonne olive oil harvest for 2025/26, a 50% jump from last season. Here’s what’s driving the surge.