Olive oil price observatory: rates by origin (bulk)
** Data as of: July 2026 — monthly update.**
What is the price of bulk olive oil today? At origin, in the extra virgin category, olive oil trades from ~€3.80/kg for Tunisia, versus ~€4.10/kg for Spain, ~€4.30/kg for Greece and ~€6.50/kg for Italy. This observatory tracks these rates by origin, explains their variation factors and their seasonality. The prices shown are indicative ranges at origin, excluding freight, duties and VAT.
These figures are dated and to be re-verified before any commitment. The olive oil market is volatile: a price can change between two harvests and from one week to the next.
Olive oil prices by origin (€/kg, bulk, extra virgin)
Ranges at origin for bulk extra virgin olive oil (flexitank / IBC / drums), excluding transport, insurance, customs duties and VAT. Indicative values as of July 2026 �.
| Origin | Reference zone | Bulk price at origin (€/kg) | Flagship variety | Positioning |
|---|---|---|---|---|
| Tunisia | — | from 3.80 (3.80–4.00) | Chemlali / Chetoui | Best value for money, world's no. 2 |
| Spain | Jaén | from 4.10 (4.10–4.50) | Picual | World reference for volume |
| Greece | Chania (Crete) | from 4.30 (4.30–4.40) | Koroneiki | Niche premium |
| Italy | Bari (Puglia) | from 6.50 (6.50–7.00) | Coratina | Premium brand, expensive |
Quick read: Tunisia posts the lowest entry price at equivalent extra virgin quality, which is why it supplies other regions (Spain re-exports, Italy often bottles oil of Tunisian origin). Detailed comparison on the origin comparison page.
Useful benchmark: 1 litre of olive oil weighs about 0.913 kg. To convert a €/kg price into €/L, multiply by ~0.913.
How to read these prices?
These rates are prices at origin, in bulk, not shelf prices. To obtain a landed price, you must add, depending on the incoterm, freight, insurance, customs duties and the VAT of the destination market.
- Origin (EXW/FOB) — the table price, before international transport.
- CIF — origin + freight + insurance to the destination port.
- Landed — CIF + duties + VAT + local charges.
To estimate your price by incoterm, see the incoterms guide and the private-label simulator.
Price variation factors
The price of olive oil depends on several variables that move constantly. The main variation factors:
- Harvest & yield — a small harvest (drought, frost, olive tree alternation) drives prices up; a record harvest eases them. This is factor no. 1.
- Origin — each region has its price level (see table), tied to production costs and reputation.
- Category & quality — extra virgin costs more than virgin or lampante; a profile rich in polyphenols (EFSA claim) adds value to the lot.
- Organic vs conventional — organic oil trades at a premium (certified production, Ecocert/USDA).
- Packaging — bulk (flexitank) is the cheapest per kilo; branded packaged product costs more but generates more margin.
- Incoterm & logistics — sea freight, energy prices and container availability weigh on the landed price.
- €/USD/TND exchange rate — for a buyer outside the eurozone, parity changes the final cost.
- Quotas & customs — access to the EU tariff quota (reduced duty, exhausted every year) strongly changes the landed price depending on whether you are inside or outside the quota.
Seasonality: when do prices move?
Olive oil follows an annual cycle paced by the Northern Hemisphere harvest (Mediterranean). Understanding this calendar helps you buy at the right time.
- Harvest (October → February) — pressing of the new campaign. Fresh oil arrives; prices set according to the harvested volume.
- Start of campaign (November → March) — key period to secure volumes and negotiate; new prices stabilise.
- Mid-campaign (April → August) — stocks are drawn down; prices may rise if the harvest was poor.
- Lean season (September → October) — stocks at their lowest before the new harvest; often the tightest period for prices.
Key takeaway: the natural alternation of olive trees (a strong year followed by a weak one) accentuates these cycles from one campaign to the next. A multi-year contract or an early-campaign purchase reduces exposure to volatility.
Methodology & data freshness
Transparency is essential on a data page.
- Scope — prices at origin, extra virgin category, bulk, excluding freight/duties/VAT.
- Frequency — monthly update. Each revision is dated.
- Status — indicative figures: they reflect market orders of magnitude on the stated date, ** (professional surveys, industry bodies) before any commitment.
- No data is fabricated — in case of uncertainty, the value is flagged "to be verified".
For a firm quotation tailored to your volume, category and incoterm, request a dated quote.
Frequently asked questions
What is the price of bulk olive oil today?
At origin, in extra virgin, expect from ~€3.80/kg for Tunisia, ~€4.10/kg for Spain, ~€4.30/kg for Greece and ~€6.50/kg for Italy. These prices exclude freight, duties and VAT, and vary with the harvest.
Why is Tunisian olive oil cheaper?
Tunisia combines a competitive production cost, large available volumes (world's no. 2) and award-winning quality. At equivalent extra virgin quality, it offers the lowest entry price — to the point of supplying other regions that re-export or bottle its oil.
How often are these prices updated?
This observatory is updated monthly. Each update is dated. Between two revisions, treat the values as orders of magnitude to be verified with the source.
Do these prices include transport and taxes?
No. These are prices at origin, in bulk, excluding freight, insurance, customs duties and VAT. For a landed price, add these costs depending on the incoterm and the market: see the incoterms guide.
What makes the price of olive oil vary?
Above all the harvest (volume/yield), then the origin, the category/quality (polyphenols, EFSA), organic, packaging, incoterm/logistics, the exchange rate and access to the EU quota. The harvest remains the dominant factor.
When is olive oil cheapest?
Prices set at the start of the campaign (November–March), after the harvest. In case of a good harvest, this is often the most favourable time to secure volumes. The lean season (September–October), with stocks at their lowest, is generally the tightest.
How much does a kilo of organic olive oil cost?
Organic oil trades at a premium compared to conventional (certified production, Ecocert/USDA). The exact premium level varies by campaign and market — see the organic olive oil page and request a dated quotation.
How do I convert a €/kg price into €/litre?
Multiply the price per kilo by ~0.913, since 1 litre of olive oil weighs about 0.913 kg. Example: €3.80/kg ≈ €3.47/L at origin (excluding freight and taxes).
Does the price change by variety (Chemlali, Chetoui)?
Yes. The profile (mildness, pungency, polyphenol content) and demand influence the price. An oil rich in polyphenols eligible for the EFSA claim (often Chetoui) can command more value.
Why does Italy post higher prices?
Italy (e.g. Bari, Puglia) positions itself on the premium brand and bears higher costs, hence a higher bulk rate (~€6.50–7.00/kg). Part of the oil bottled in Italy actually comes from other origins, including Tunisia.
Is this data reliable enough to commit to a purchase?
It is indicative and dated: useful for getting your bearings, but ** before any commitment. For a firm price, tailored to your volume, category and incoterm, request a quote.
Where can I find the landed price in my country?
The landed price depends on your market (duties, VAT, freight). Consult the incoterms guide, use our tools, or request a dated quotation specifying your incoterm and destination.
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Page in English. Data as of July 2026 — monthly update. Indicative figures; no value fabricated.
- Olive oil campaign 2026-2027: harvest & prices
- Tunisia olive oil exports: volumes & destinations
- Olive oil prices by origin (€/kg FOB) monthly update
- World olive oil production by country (IOC)
- Olive oil importers: statistics by country
- Olive Oil Observatory: prices, production, exports