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Spain is the main olive oil-producing country globally, and The Spanish Ministry of Agriculture periodically publishes a bulletin on the evolution of olive oil. This report from November reflected that on average in Spain, the price of olive oil had risen by 67% compared to the previous season and by almost 145% if we compare it with the one before this one (2021-2022).??
Throughout 2023, Europe has witnessed a remarkable increase in olive oil prices. Assuming that we are all aware (and victims) of this information, we take a look at how this has happened in our latest What The Field!? post about the causes of the rise of olive oil prices.