As of 2023, Croatia leads European countries in extra virgin olive oil producer prices, followed by Italy, Cyprus, Portugal, Greece, and Spain. In 2022, Croatia experienced the largest year-on-year increase of 4.4%, while Portugal saw a decrease of 1.41%. Greece and Spain had minimal changes, indicating relatively stable markets. Over the past five years, fluctuations in Croatian prices suggest considerable volatility, whereas Spain's market shows more stability.
Future trends to watch for include:
- Impact of climate change on olive yields in Mediterranean countries.
- Potential shifts in demand due to health trends favoring high-quality oils.
- Policy changes affecting trade or production within the EU.
Top countries in Extra Virgin Olive Oil Producer Price by Country
| # | 6 Countries | Euros Per Hundred Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Croatia | 1,230 | 2022 | +8.21% | +4.4% | View data |
| 2 | 2 Italy | 586.21 | 2022 | +4.75% | +1.15% | View data |
| 3 | 3 Cyprus | 425.28 | 2022 | +7.62% | +1.7% | View data |
| 4 | 4 Portugal | 391.19 | 2022 | +19.55% | -1.41% | View data |
| 5 | 5 Greece | 384.85 | 2022 | +25.66% | -0.47% | View data |
| 6 | 6 Spain | 347.45 | 2022 | +25.42% | +0.055% | View data |
