Olivicola Cassetta

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Olive oil market 2026: prices, production and trade

A source-led view of the olive oil market, based on the latest International Olive Council and European Commission releases. Every figure includes its period, unit and status.

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Updated 28 August 2026

Four figures that define the current market

565 €
extra virgin producer price in Bari
per 100 kg · week of 18–24 May 2026
−41.8%
year-on-year change in Bari
versus the corresponding week of the previous crop year
+4.3%
imports in selected major markets
October 2025–March 2026 · year-on-year
3.44 Mt
estimated world production
2025/26 crop year · IOC estimate

Producer prices are not retail prices

The IOC recorded €565/100 kg in Bari in the week of 18–24 May 2026, down 41.8% year on year. Jaén stood at €378.5/100 kg in the week of 15–21 June, up 7.5%. The Bari value was about 49% higher, but the observation weeks differ.

These are bulk producer prices before packaging, logistics, taxes, distribution and retail margins. They cannot be used as a direct benchmark for a bottle on a shop shelf.

Extra virgin olive oil producer price · EUR/100 kg
Bari · 18–24 May€565
Jaén · 15–21 June€378.5

Source: International Olive Council, 22 July 2026. Data may be revised.

World production is forecast above consumption

The IOC's 2025/26 estimate put world olive oil production at 3.44 million tonnes, down 4%, and consumption at 3.248 million tonnes, up 1%. The provisional Italian figure for 2024/25 was 248,000 tonnes, 25% below the previous crop year.

International demand remained active

Across selected major markets, olive oil imports rose 4.3% between October 2025 and March 2026. Brazil's imports increased 40.5% over the same six-month comparison; virgin olive oils represented 85% of its 2024/25 imports.

Method and reuse

Figures are transcribed from institutional releases without changing their unit, period or provisional status. The Bari–Jaén gap is our rounded calculation. The CSV can be reused with attribution to Olivicola Cassetta and the institutional source listed in each row.

Primary sources

Open the original releases to verify each figure and review later revisions.

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Olive oil market 2026: prices and outlook – Olivicola Cassetta