plate 093 · 2026 data

Spanish olive oil mill prices are back at 2021 levels

Average price Spanish mills received for olive oil, late October each year, 2020–2026, € per 100 kg.

Who feeds the world
  1. 1. Brazil has all but caught the US in farm exports
  2. 2. Brazil exports more chicken than the US and EU combined
  3. 3. India now ships over a third of world rice exports
  4. 4. Russia now exports twice as much wheat as the US
  5. 5. Egypt exports more fresh oranges than any other country
  6. 6. China buys three in ten of the world's beef imports
  7. 7. Farmed seafood now outweighs the wild catch
  8. 8. Spanish olive oil mill prices are back at 2021 levels
  9. 9. Ukraine sells a fifth less grain than before the war
  10. 10. Brazil overtook the US as the world's top cotton exporter
  11. 11. Laos now mines more potash than Israel or Jordan
  12. 12. India now grows more rice than China
  13. 13. Côte d'Ivoire grows more cashews than India
  14. 14. Indonesia set to use more palm oil than it exports
  15. 15. Mato Grosso grows more soy than China and India combined
  16. 16. Africa now has more hungry people than Asia
3.6×

Extra virgin olive oil rose from €227.54 per 100 kg in Oct 2020 to €810.14 in Oct 2023, after two drought harvests.

−60%

By Oct 2026 it was €323.89, three-fifths below the 2023 peak and 23.5% below a year earlier.

€0.14

The gap between Oct 2026 and Oct 2021 (€323.75). The 2022–24 price shock has unwound at the mill.

Source: Spain, Ministry of Agriculture, Fisheries and Food (MAPA), Boletín semanal de precios de aceite de oliva, week 43/2026 and week 43/2024, 2026
the numbers & method
Spanish olive oil mill prices are back at 2021 levels. Source: Spain, Ministry of Agriculture, Fisheries and Food (MAPA), Boletín semanal de precios de aceite de oliva, week 43/2026 and week 43/2024, 2026.
YearExtra virgin olive oil (€)Lampante (refining grade) (€)
2020228194
2021324284
2022471431
2023810682
2024722622
2025424337
2026324287

Claim types Fact · Interpretation

National average origin (producer) prices in Spain, week 43 of each year (around 19–27 October), excluding VAT. 2020–2021 values from the week 43/2024 bulletin; 2022–2026 from the week 43/2026 bulletin. These are bulk prices at the mill, not supermarket shelf prices, which lag. Multiples and percentage changes are derived by progrss. 'Unwound' is a progrss interpretation (mill price back at its Oct 2021 level, still above Oct 2020); the 2020–2021 values were not re-checked against the week 43/2024 bulletin by the fact-checker.

Published 3 Nov 2026

license this plate

what connects to this

034 new routes Egypt is the world's biggest wheat buyer 166 leapfrog Rwanda spread electricity faster than any country since 2014 165 new routes Factories now make more of Cambodia's economy than China's