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Refined olive oil. Producer prices in Spain and Italy

International Olive Council

Refined olive oil. Producer prices in Spain and Italy

Microsoft Word - NEWSLETTER- DICIEMBRE-2017-ENGLISH

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 at the end of December 2017 stood at €3.49/kg, up by 6% compared to the previous year. Prices in Italy, in mid-December, reached €3.55/kg, which was a 4% year-on-year increase. No price data are available for this product category in Greece.

At the end of December 2017, the price difference in Spain between refined oil (€3.49/kg) and extra virgin olive oil (€3.57/kg) was of €0.08/kg. In Italy, the price difference between the two categories was greater than in Spain at €0.44/kg (Graph 3).

Graph 1. Shows the weekly changes in producer prices for refined olive oil in the main three EU producers

 

Graph 2. The monthly price movements for refined olive oil

 

Photo by Lorenzo Cerretani

International Olive Council

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