Olive Oil Price, Historical Charts, Forecasts & News

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Price Trends Graph
Product NameOlive Oil
HS Code1509
Synonyms8001-25-0Olea europaea l. fruit oil
Region/Countries for which Data is availableAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeOur services can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after service delivery

Request for Real Time Olive Oil Prices: https://www.procurementresource.com/resource-center/olive-oil-price-trends/pricerequest

Olives are used to make olive oil, a liquid fast. Olive oil is the most popular vegetable oil, with a melting point of -6 degrees Celsius and a boiling point of 700 degrees Celsius. Fresh olive oil has a strong and fruity aroma, on the other hand, olive oil tastes harsh, and lacks fruitiness.

The oil found in olive drupes is extracted to create olive oil, which is then stored in a particular type of vacuole called a lipo vacuole. In addition, olive oil is extracted by separating it from other fruit components, including liquid and solid vegetative extracts. Oil and water do not mix; hence this separation can be achieved only physically.

The main producers of olive oil are Portugal, Italy, Algeria, Tunisia, Greece, Morocco, Turkey, France, Argentina, and Spain.

Key Details About the Olive Oil Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Olive Oil price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Olive Oil Price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Olive Oil Price Trend:

Price Trends Graph

The Olive Oil price trend is affected by its industrial uses, which include food and beverages, the production of cosmetics and toiletries, and pharmaceuticals for medicinal purposes. Olive oil is also employed in traditional oil lamps and in skin care products.

Key Market Players:

  • Sovena Group
  • Mosselman S.A
  • Cargill, Incorporated
  • Archer Daniels Midland Company (Oilio®)

News and Events:

  • February 2022: Olio Novo Extra Virgin Olive Oil, a batch of which was released by Curation Foods, Inc. under the name O Olive Oil & Vinegars, is a seasonal oil with a flavour that is both fresh and powerful.
  • In June 2021: Umbrian olive oil manufacturer Pietro Coricelli, one of the biggest and best-known olive oil brands in the world, joined IBM Food Trust to employ blockchain technology to track the origins of its extra-virgin olive oil.
  • January 2021: In India, Del Monte Foods, Inc., introduced one-liter pouches of olive fruit oil at a price that was competitive.

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