Graph and download economic data for Global price of Olive Oil (POLVOILUSDM) from Jan 1990 to Jun 2025 about oil, World, food, and price.

Graph and download economic data for Global price of Olive Oil (POLVOILUSDQ) from Q1 1990 to Q2 2025 about oil, World, food, and price.

European Union - Harmonised index of consumer prices (HICP): Olive oil was 148.07 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Harmonised index of consumer prices (HICP): Olive oil - last updated from the EUROSTAT on July of 2025. Historically, European Union - Harmonised index of consumer prices (HICP): Olive oil reached a record high of 205.33 points in April of 2024 and a record low of 90.98 points in December of 2020.

Get the latest insights on price movement and trend analysis of Olive Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Get the latest insights on price movement and trend analysis of Refined Olive Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Spain - Harmonised index of consumer prices (HICP): Olive oil was 138.33 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Spain - Harmonised index of consumer prices (HICP): Olive oil - last updated from the EUROSTAT on August of 2025. Historically, Spain - Harmonised index of consumer prices (HICP): Olive oil reached a record high of 266.70 points in April of 2024 and a record low of 87.07 points in September of 2020.

According to Cognitive Market Research, the global Extra Virgin Olive Oil market size will be USD 9651.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 3860.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2895.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2219.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 482.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 193.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The food industry category is the fastest growing segment of the Extra Virgin Olive Oil industry

Market Dynamics of Extra Virgin Olive Oil Market

Key Drivers for Extra Virgin Olive Oil Market

Rising Health Consciousness to Boost Market Growth: The market for extra virgin olive oil (EVOO) is expanding due in large part to growing health consciousness. Healthy diets are becoming more and more important to consumers, who are looking for products like EVOO that are high in monounsaturated fats and antioxidants. Its demonstrated ability to lower inflammation, enhance cardiovascular health, and aid in weight control is consistent with consumers' increasing desire for natural and functional foods. An essential component of the Mediterranean diet, EVOO is well known for its ability to prolong life and fend against chronic illnesses. The demand for EVOO is rising as more people become aware of these advantages, especially in emerging nations. Health-related advertising campaigns and the growing popularity of plant-based and organic lifestyles are contributing factors to this trend.

Increasing Demand for Natural and Organic Products to Drive Market Growth: The market for extra virgin olive oil (EVOO) is expanding due in large part to the growing demand for natural and organic products. Consumers are increasingly choosing minimally processed and synthetic chemical-free products as they grow more aware of the effects their food choices have on the environment and their health. Because of its purity and environmentally friendly production practices, organic EVOO, which is certified by organizations like USDA Organic and EU Organic, is becoming more and more well-known. Customers who appreciate sustainable farming methods and are health and environmental-sensitive are especially embracing this trend. The demand for organic EVOO is further increasing due to the growing global embrace of organic lifestyles and the premiumization of food choices.

Restraint Factor for the Extra Virgin Olive Oil Market

High Competition from Substitute Oils, such as Sunflower, Canola, And Coconut Oil Will Limit Market Growth: The market for extra virgin olive oil (EVOO) is being held back by fierce competition from alternative oils. Many markets are dominated by less expensive substitutes including palm, coconut, canola, and sunflower oil, particularly in areas where consumers are highly sensitive to price. Due to their higher smoke points, these oils work better in high-heat cooking, are more widely accessible, and are frequently chosen for their neutral flavors. Furthermore, the adoption of EVOO is constrained by the great cultural relevance of traditional oils, such as peanut oil in some areas or mustard oil in South Asia. Because of the fierce competition, EVOO manufacturers must set themselves apart from the competition with superior quality, health benefits, and premium positioning in order to attract a wider range of customers.

Key Trends for Extra Virgin Olive Oil Market

Increase in E-Commerce and Direct-to-Consumer Channels: Digital platforms are progressively utilized to market artisanal and organic extra virgin olive oil (EVOO) directly to health-conscious consumers, circumventing conventional retail and facilitating traceability and marketing ba...

Graph and download economic data for Global price of Olive Oil (POLVOILUSDA) from 1990 to 2024 about oil, World, food, and price.

Malta - Harmonised index of consumer prices (HICP): Olive oil was 192.25 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Malta - Harmonised index of consumer prices (HICP): Olive oil - last updated from the EUROSTAT on August of 2025. Historically, Malta - Harmonised index of consumer prices (HICP): Olive oil reached a record high of 214.05 points in September of 2024 and a record low of 102.01 points in March of 2016.

Greece - Harmonised index of consumer prices (HICP): Olive oil was 151.65 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Harmonised index of consumer prices (HICP): Olive oil - last updated from the EUROSTAT on August of 2025. Historically, Greece - Harmonised index of consumer prices (HICP): Olive oil reached a record high of 227.77 points in July of 2024 and a record low of 92.06 points in December of 2014.

Statistics illustrates consumption, production, prices, and trade of Virgin Olive Oil in Mexico from 2007 to 2024.

Out of the **** million metric tons produced worldwide in 2022/2023, Spain contributed to **** million metric tons. Europe generates most of the world’s olive oil, and Spain plays a very important role in its production. Same country, different taste for olive oil Although an essential ingredient in the Spanish cuisine, olive oil consumption can vary greatly across the Mediterranean country’s regions depending on the preferred oil type. In that regard, Galicia led the list of consumers of regular olive oil with around **** liters per capita, whereas La Rioja featured the highest intake of extra virgin olive oil at **** liters in 2021. Although Spaniards often use their olive oil for many of their dishes, olive oil consumption experienced a downward trend during the last few years, with the average person intaking **** kilograms of the golden liquid in 2022 from *** kilograms in 2010. The profile of a Spanish olive oil consumer In terms of expenditure, Spaniards spent on average **** euros on their olive oil – although the price can vary greatly depending on the distribution channel, with e-commerce shops featuring the cheapest olive oil price per liter in 2022. Nationwide, the average Spaniard shopped for olive oil at supermarkets, with over ** percent of olive consumer in this country choosing this distribution channel over other stores.

There are nine tables concerning the evolution of olive oil production in Greece, the evolution of organic olive cultivation in Greece, the average price of olive oil producer in Greece, the consumption of olive oil in Greece, the evolution of table olive production in Greece, the exports of standard olive oil from Greece , table olive exports from Greece, the Olive Oil balance in Greece, the production and consumption of olive oil in Greece.

Sweden - Harmonised index of consumer prices (HICP): Olive oil was 159.47 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Harmonised index of consumer prices (HICP): Olive oil - last updated from the EUROSTAT on July of 2025. Historically, Sweden - Harmonised index of consumer prices (HICP): Olive oil reached a record high of 200.09 points in June of 2024 and a record low of 87.53 points in March of 2014.

Statistics illustrates consumption, production, prices, and trade of Virgin Olive Oil in the Dominican Republic from 2007 to 2024.

The graph concerns the average selling price of *** liter olive oil in the mass distribution market in France, in 2016. According to this statistic, the average price of olive oil was above ** euros per liter.

In addition, *** liter of organic French olive oil cost about **** euros.

Romania - Harmonised index of consumer prices (HICP): Olive oil was 185.01 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Harmonised index of consumer prices (HICP): Olive oil - last updated from the EUROSTAT on August of 2025. Historically, Romania - Harmonised index of consumer prices (HICP): Olive oil reached a record high of 191.99 points in November of 2024 and a record low of 96.85 points in February of 2017.

Italy - Harmonised index of consumer prices (HICP): Olive oil was 164.40 points in May of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Harmonised index of consumer prices (HICP): Olive oil - last updated from the EUROSTAT on July of 2025. Historically, Italy - Harmonised index of consumer prices (HICP): Olive oil reached a record high of 197.00 points in June of 2024 and a record low of 88.30 points in September of 2012.

Statistics illustrates consumption, production, prices, and trade of Olive Oil and Its Fractions in Kazakhstan from 2007 to 2024.