Mediterranean Olive Oil Market Report
2nd Week of May, 2026
Weekly Producer Prices (At Origin)
| Region | Extra Virgin (EVOO) | Virgin (VOO) | Lampante |
|---|---|---|---|
| Spain (Jaén/Cordoba) | €4.17/kg ↓ | €3.65/kg | €3.23/kg |
| Italy (Bari/Foggia) | €7.15/kg ↔ | €4.50/kg | €2.99/kg |
| Greece (Hania/Laconia) | €4.85/kg ↔ | €3.50/kg | €2.65/kg |
| Portugal (Alentejo) | €4.10/kg ↓ | €3.60/kg | €3.15/kg |
| Turkey (Aegean Coast) | €4.35/kg ↔ | €3.45/kg | €2.75/kg |
| Morocco (Fez-Meknes) | €4.25/kg ↑ | — | €2.90/kg |
| Tunisia (Sfax/Sahel) | €3.85/kg ↓ | — | €2.78/kg |
12-Month Price Evolution (EVOO Average)
MAY ’25JULSEPNOVJAN ’26MARMAY ’26
Market Insights
- Regional Trends: Portugal follows Spain’s downward trend, while Morocco faces upward pressure due to domestic inflation and local demand.
- Turkey Outlook: High export interest in the Aegean coast; however, producer prices remain steady to maintain competitiveness.
- Strategic Note: Global inventory remains tight for high-end EVOO. Buyers are looking for early-bird contracts for the next cycle.
International Trade
- US Demand: A significant 12% rise in demand for “Single Origin” Mediterranean oils in the US retail sector.
- Emerging Markets: Increased interest from South Korea and Japan for Greek and Italian organic EVOO certifications.
- Logistics: Port congestions in the Western Mediterranean are slightly delaying bulk shipments to Northern Europe.
Extended Mediterranean Weather Watch
Critical observations for the current flowering and fruit set phase.
🇪🇸 Spain:
- Jaén/Córdoba: Intense heatwave (>33°C). High risk of flower drop.
- Catalonia: Mild temperatures with light coastal humidity. Ideal conditions.
🇬🇷 Greece:
- Peloponnese: Clear skies, 25°C. Perfect for pollination.
- Crete: Strong southern winds (Meltemi) expected; producers monitoring for mechanical damage.
🇮🇹 Italy:
- Puglia: Light showers providing much-needed soil moisture.
- Tuscany/Sicily: Overcast but warm. Optimal growth for early varieties.
🇹🇷 Turkey & Portugal:
- Aegean (TR): Low humidity, 28°C. Excellent for pest control.
- Alentejo (PT): Similar to Andalusia; monitoring water reserves closely.
🌍 North Africa (Morocco & Tunisia):
- Fez & Sfax: Dry and windy conditions. Early irrigation is being deployed to protect the young fruit set.
Are you an olive oil producer?
Join the Mediterrolio Olive Oil Network and evolve your olive oil brand today.
Prices refer to bulk transactions at origin. For more information, contact us at info@mediterrolio.com.