International olive oil market price: quotes by origin (bulk)

Today's prices: weekly prices at origin by country, with their 12-month curves, are on the Tunisian olive oil price today page.

Data as of: September 2026 (quotes from 10 to 25/09/2026) — monthly update. Volatile prices, to be re-verified.

What is the export price of Tunisian olive oil? As of 23/10/2026, Tunisian olive oil is worth €3.48/kg (≈ TND 11.70/kg) for extra virgin and €3.09/kg (≈ TND 10.39/kg) for virgin 🔴 indicative (€1 ≈ TND 3.36). Dated figures, to be re-verified before any commitment.

To put these quotes in context — why the Tunisian origin remains competitive — read the Tunisian olive oil guide.

What is the price of bulk olive oil today? At origin, in the extra virgin category, September 2026 quotes range from ~€3.40/kg for Spain (Jaén) to ~€4.55/kg for Italy (Bari), with ~€3.74/kg for Greece. Tunisia stands at €3.48/kg (≈ TND 11.70/kg) as of 23/10/2026. Spain, Greece and Tunisia are down year on year (ISMEA, second week of September 2026: Spain −14.9 %, Greece −19 %, Tunisia −13.2 %). This observatory tracks these rates by origin, explains their variation factors and their seasonality. The prices shown are indicative quotes 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)

Quotes at origin for bulk extra virgin olive oil (flexitank / IBC / drums), excluding transport, insurance, customs duties and VAT. September 2026 readings, each dated and sourced (details at the bottom of the page); the “July 2026 benchmark” column recalls the values of the previous edition of this observatory. 🔴 = not cross-checked by a second independent source.

Origin Sept. 2026 quote (€/kg) July 2026 benchmark Source and reading date Variety and positioning
Tunisia 3.63 (Zitouna Export offer: from 3.65 FOB) from 3.80 (3.80–4.00) ISMEA (2nd week of Sept.), reading of 14/09/2026 Chemlali / Chetoui — large export volumes, among the cheapest origins
Spain 3.40 (Jaén; 3.40–3.63 depending on the source) from 4.10 (4.10–4.50) Poolred 12–18/09/2026; Junta de Andalucía observatory 7–13/09/2026 (3.63) Picual — world reference for volume, cheapest origin in September
Greece 3.74 (national; 3.74–3.88) 🔴 Crete not quoted from 4.30 (4.30–4.40) market quote (third-party price list), W39, 24/09/2026; ISMEA 2nd week of Sept. (3.88) Koroneiki — niche premium
Italy 4.55 (Bari; 4.55–4.82) from 6.50 (6.50–7.00) ISMEA Bari, 10/09/2026; national average W37, market quote (third-party price list) (4.82) Coratina — premium brand, most expensive of the four

Quick read: in September 2026, the three Mediterranean origins of bulk extra virgin — Spain, Tunisia, Greece — sit within about €0.50/kg of each other (3.40–3.88), with Italy about €1/kg above. The historical gap with Italy has narrowed sharply (Bari: €6.65/kg in December 2025, €4.55/kg in September 2026; IOC and ISMEA). Tunisia therefore no longer systematically has the lowest entry price: its competitiveness also rests on available volumes (exports +50.8 % in volume over 10 months, ONAGRI) and access to the EU quota. Detailed comparison on the origin comparison page; to move from FOB to landed price, see the origin price comparison.

International Olive Council (IOC) benchmarks

Official, dated benchmarks; they complement the weekly quotes above.

IOC benchmark Value Publication date
World production 2025/26 (estimate) 3,440,000 t (−4 %) IOC, 12/01/2026
World consumption 2025/26 (estimate) 3,248,000 t (+1 %) IOC, 12/01/2026
Extra virgin producer price, Jaén €3.785/kg (week of 15–21 June 2026); €4.33/kg (8–14 Dec. 2025) IOC, 22/07/2026 and 12/01/2026
Extra virgin producer price, Bari €5.65/kg (18–24 May 2026); €6.65/kg (8–14 Dec. 2025) IOC, 22/07/2026 and 12/01/2026
Extra virgin producer price, Chania (Crete) €4.65/kg (8–14 Nov. 2025) — latest IOC reading available, outdated 🔴 IOC, 12/01/2026

Watch: the official 2026/27 harvest estimate of the Junta de Andalucía (aforo), announced for 29/09/2026, and the Greek harvest (280,000 to 330,000 t according to sector organisations, relayed by Mediterrolio on 25/09/2026 🔴). Estimate details: 2026-2027 campaign.

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. Tracking of the current harvest: see the 2026-2027 campaign.

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, to be re-verified at source (professional surveys, industry bodies) before any commitment.
  • Cross-checking — each quote is compared with at least two readings when possible; otherwise it is flagged 🔴. The available Tunisian readings are not fully independent (same 3.63 value): read it as a benchmark, not a firm quotation.
  • 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.

Sources and reading dates (September 2026)

Buying to import? Zitouna Export is a bulk olive oil supplier shipping from Sfax: extra virgin, organic and private label, with a COA per batch. For a firm price, see buy olive oil in bulk and wholesale or request a quote.

Frequently asked questions

What is the export price of Tunisian olive oil?

As of 23/10/2026, Tunisian olive oil is worth €3.48/kg (≈ TND 11.70/kg) for extra virgin and €3.09/kg (≈ TND 10.39/kg) for virgin 🔴 indicative (€1 ≈ TND 3.36).

What is the price of bulk olive oil today?

At origin, in extra virgin, September 2026 quotes are about €3.40/kg for Spain (Jaén), €3.74/kg for Greece and €4.55/kg for Italy (Bari). In Tunisia, as of 23/10/2026: €3.48/kg (≈ TND 11.70/kg) for extra virgin and €3.09/kg (≈ TND 10.39/kg) for virgin. These prices exclude freight, duties and VAT, and vary with the harvest.

Is Tunisian olive oil cheaper than other origins?

Not systematically. In late October 2026, Tunisian extra virgin (€3.48/kg) is level with Greece (€3.53), slightly above Spain (€3.14) and clearly below Italy (~€4.75): see today's prices. It remains among the most competitive origins thanks to large volumes (exports +50.8 % in volume over 10 months, ONAGRI) and access to the EU quota, with award-winning quality. At equivalent quality, always compare dated quotes on the same incoterm.

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 does an "FOB" price mean?

FOB (Free On Board) = goods loaded at the port of departure of the country of origin, before international freight. It is a price at origin, to be distinguished from CIF (freight + insurance included) and the landed price (duties + VAT included).

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.

Does the EU quota influence the price?

Yes, strongly, on the landed price in Europe. Within the 56,700-tonne reduced-duty quota, Tunisian oil is more competitive; beyond it, the full duty makes the landed price more expensive.

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. Over 10 months, the average export price of Tunisian organic oil stands at TND 13.20/kg, versus 13.31 for all oils (ONAGRI, 23–24/09/2026): the organic premium is not visible in this average, which mixes bulk and packaged 🔴.

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: ~€4.55/kg in Bari (ISMEA, 10/09/2026; 4.82 national average, market quote (third-party price list)), versus €6.65/kg in December 2025 (IOC). The gap with other origins has therefore narrowed sharply. 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 to be re-verified 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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Compare origins — Tunisia, Spain, Italy, Greece.

Page in English. Data as of July 2026 — monthly update. Indicative figures; no value fabricated.

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