Olive oil prices by origin: bulk FOB rates (€/kg)

Q: Seasonality: when do prices move?

Olive oil follows an annual cycle paced by the Mediterranean harvest: - Harvest (October → February) — pressing of the new campaign. Prices set according to the harvested volume. - Start of campaign (November → March) — key period to secure volumes and negotiate. - Mid-campaign (April → August) — stocks are drawn down; prices may rise if

Q: What is the price of bulk olive oil today?

At origin, in extra virgin FOB: from ~€3.80/kg for Tunisia, 4.1–4.5 €/kg for Spain (Jaén), ~€4.3/kg for Greece and 6.5–7.0 €/kg for Italy (Bari). Excluding freight, duties and VAT.

Q: 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).

Q: Why is Tunisian olive oil cheaper?

Tunisia combines a competitive production cost , large available volumes 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.

Q: How often are these prices updated?

Monthly , and each update is dated . Between two revisions, treat the values as orders of magnitude to be verified at the source.

Q: Do these prices include transport and taxes?

No. These are prices FOB at origin, in bulk , excluding freight, insurance, customs duties and VAT. For a landed price , add these costs depending on the incoterm: see the incoterms guide.

Q: Why does Italy post higher prices?

Italy (Bari, Puglia) positions itself on the premium brand and bears higher costs, hence a higher bulk rate ( 6.5–7.0 €/kg FOB ). Part of the oil bottled in Italy comes from other origins, including Tunisia.

Q: 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 dominant.

Q: How do I convert a €/kg price into €/litre?

Multiply the price per kilo by ~0.913 (1 litre ≈ 0.913 kg). Example: €3.80/kg ≈ €3.47/L FOB (excluding freight and taxes) .

Q: 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.

** Data as of: July 2026 — monthly update. Volatile prices, to be verified.**

What is the price of bulk olive oil today, at origin? In the extra virgin category, at FOB price (loaded at the port of departure), oil trades from ~€3.80/kg for Tunisia, 4.1–4.5 €/kg for Spain (Jaén), ~€4.3/kg for Greece and 6.5–7.0 €/kg for Italy (Bari). This page tracks these rates by origin, explains their variation factors and their seasonality. The prices are indicative FOB ranges, excluding international freight, customs duties and VAT.

These figures are dated and volatile. The olive oil market moves from one campaign to the next and from one week to the next: re-check the update date and confirm at the source before any commitment.

In brief

Tunisia: from €3.80/kg FOB (3.80–4.00) — best value for money, global top tier by volume.
Spain (Jaén): 4.1–4.5 €/kg FOB — world reference region by volume.
Greece (Crete): ~€4.3/kg FOB (4.30–4.40) — niche premium (Koroneiki).
Italy (Bari): 6.5–7.0 €/kg FOB — premium brand positioning, expensive.
Update: monthly. Prices exclude freight, duties and VAT.

Olive oil prices by origin (€/kg FOB, bulk, extra virgin)

FOB ranges (Free On Board, loaded at the port of shipment of the country of origin) for bulk extra virgin olive oil (flexitank / IBC / drums), excluding international freight, insurance, customs duties and VAT. Indicative values as of July 2026 �.

Origin	Reference zone	Bulk FOB price (€/kg)	Flagship variety	Positioning
Tunisia	Sfax / Tunis	from 3.80 (3.80–4.00)	Chemlali / Chetoui	Best value for money
Spain	Jaén (Andalusia)	4.1–4.5	Picual	World reference for volume
Greece	Crete (Chania)	~4.3 (4.30–4.40)	Koroneiki	Niche premium
Italy	Bari (Puglia)	6.5–7.0	Coratina	Premium brand, expensive

Quick read: at equivalent extra virgin quality, Tunisia posts the lowest entry price — to the point of supplying 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.

FOB, CIF, landed: reading these prices correctly

The table prices are FOB rates at origin, not shelf prices. For a landed price, you must add freight, insurance, duties and the VAT of the destination market.

EXW — ex-warehouse price, before loading.
FOB — the table price: goods loaded at the port of departure, before international freight.
CIF — FOB + freight + insurance to the destination port.
Landed — CIF + customs duties + VAT + local charges.

To estimate your price by incoterm, see the incoterms guide.

Price variation factors

The price of olive oil depends on variables that move constantly:

Harvest & yield — a small harvest (drought, frost, olive tree alternation) drives prices up; an abundant harvest eases them. 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 trades at a premium (Ecocert/USDA certification).
Packaging — bulk (flexitank) is the cheapest per kilo; branded packaged product costs more but generates more margin.
Incoterm & logistics — sea freight, energy and container availability weigh on the landed price.
€/USD/TND exchange rate — for a buyer outside the eurozone, parity changes the final cost.
EU quota — access to the 56,700-tonne tariff quota (reduced duty) 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 Mediterranean harvest:

Harvest (October → February) — pressing of the new campaign. Prices set according to the harvested volume.
Start of campaign (November → March) — key period to secure volumes and negotiate.
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.

Key takeaway: the natural alternation of olive trees (strong year / weak year) accentuates these cycles. 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

Scope — prices FOB at origin, extra virgin category, bulk, excluding freight/duties/VAT.
Frequency — **monthly update **. Each revision is dated.
Sources — professional surveys and quotations at origin from the industry; indicative orders of magnitude to be verified with your suppliers/brokers.
No fabricated data — in case of uncertainty, the value is flagged "to be verified " or given as a wide range.

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 FOB: from ~€3.80/kg for Tunisia, 4.1–4.5 €/kg for Spain (Jaén), ~€4.3/kg for Greece and 6.5–7.0 €/kg for Italy (Bari). Excluding freight, duties and VAT.

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).

Why is Tunisian olive oil cheaper?

Tunisia combines a competitive production cost, large available volumes 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?

**Monthly **, and each update is dated. Between two revisions, treat the values as orders of magnitude to be verified at the source.

Do these prices include transport and taxes?

No. These are prices FOB at origin, in bulk, excluding freight, insurance, customs duties and VAT. For a landed price, add these costs depending on the incoterm: see the incoterms guide.

Why does Italy post higher prices?

Italy (Bari, Puglia) positions itself on the premium brand and bears higher costs, hence a higher bulk rate (6.5–7.0 €/kg FOB). Part of the oil bottled in Italy comes from other origins, including Tunisia.

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 dominant.

How do I convert a €/kg price into €/litre?

Multiply the price per kilo by ~0.913 (1 litre ≈ 0.913 kg). Example: €3.80/kg ≈ €3.47/L FOB (excluding freight and taxes).

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. The lean season (September–October), with stocks at their lowest, is generally the tightest.

Does the price change by variety (Chemlali, Chetoui)?

Yes. The profile (mildness, pungency, polyphenols) and demand influence the price. An oil rich in polyphenols eligible for the EFSA claim (often Chetoui) can command more value.

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.

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