The European Commission forecasts olive oil prices will remain elevated into 2024 as drought, low stocks, and reduced yields pressure EU producers and consumers.

The Australian olive oil industry has experienced rapid growth over the past three decades, evolving into a significant agricultural sector. With rising domestic demand, a strong export presence, and a reputation for high-quality extra virgin olive oil (EVOO), understanding the distribution of olive trees across the country provides essential insight into production capacity and regional specialisations.

As the world's leading olive oil producer, Spain plays a pivotal role in the global market, contributing around 40-50% of worldwide supply. After a challenging period marked by droughts and extreme temperatures that halved production in recent years, the 2024/2025 harvest signaled a strong recovery. Now, with the 2025/2026 crop year on the horizon, industry experts and producers are optimistic about sustained growth. This article explores the ...

Despite its modest scale in global olive oil production, Australia continues to play an increasingly strategic role in the global supply chain... thanks to its quality-driven focus and growing domestic appetite for premium extra virgin olive oil.

The global olive oil market has entered unprecedented territory. In 2023, Spain’s severe drought has crippled the world’s largest producer, driving olive oil prices to record highs and reshaping global supply chains. As European consumers face steep costs, Australian producers are experiencing strong demand and record export returns. This article examines the climatic and economic forces behind this crisis.