Overview

• Confirmed data show Spain produced 1.41 million tonnes of olive oil in 2025, pushing origin prices down to €3.22 per kilogram.
• Industry observatories Poolred and Oleísta report that retailers such as Lidl are rolling out aggressive discounts to move surplus stock.
• The Spanish government has reduced VAT on olive oil to support households still reeling from previous price spikes.
• Antonio Velasco of Quaryat Dillar forecasts that near-term prices will remain stable with ongoing retailer promotions.
• UPA secretary general Nicolás Chica warns that unusually high temperatures during the olive tree flowering phase could undermine next season’s yield.