European Union: EU Olive Oil Production Update

  |   Attaché Report (GAIN)   |   E42023-0054

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Office of Agricultural Affairs, Madrid   |   (011-34) 91-587-2555

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European Union: EU Olive Oil Production Update
In MY 2023/24, the EU is facing a second consecutive short olive oil production crop. Consumer price increases resulting from the limited domestic availability will contribute to reduced consumption. The short crop will also preempt exports from expanding for the second consecutive year, while also continuing to push stock levels down.
Europe and Eurasia, European Union
Oilseeds, Vegetable Oils (excl. soybean)

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