After a period of relative stability in the last months of 2024, the price of extra virgin olive oil again increases at the beginning of 2025, with a bottle of 75 centiliters to be sold for more than 9 euros. The value represents a significant climb compared to previous years and reflects a trend that has been marking the food sector.
Climbing prices over the last few years
According to data from, in the first week of February, the average price of extra virgin olive oil reached 9.22 euros, which represents an increase of 1.27 euros compared to the previous week. Three years ago, in January 2022, the same bottle cost about 4.46 euros, showing a growth of over 100% in the space of three years.
Weather conditions and market factors
The pricing peak was registered in April 2024, when a 75 -centiliters bottle cost 12 euros. However, from May of the same year, the values began to retreat slightly, stabilizing below 9 euros at the end of 2024. The climb trend found in the start of 2025 raises new questions about market evolution and budget impacts of the families.
Experts point to several factors that explain the escalation of prices, from adverse weather conditions that affected production in countries such as Portugal and Spain, to increased production and transportation costs. Prolonged drought significantly reduced the supply of olive oil, causing upward pressure on international market prices.
Expectations for the future of the sector
According to Deco Proteste, which monitors the evolution of prices of essential goods, the food cabaz composed of 63 products recorded a 2.61 euros increase in the first week of February, reaching 241.40 euros. The data indicate that since the beginning of the year, the increase has exceeds 5 euros, highlighting the effects of inflation on basic products.
With the new olive oil production campaign scheduled for the end of 2025, there is an expectation of price behavior in the coming months. However, producers warn that, even with a favorable harvest, the values will hardly return to the levels registered before 2022, due to the dynamics of the global market and the increase in costs along the supply chain.
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