Overview

• Alcampo’s OliNostrum extra virgin olive oil is on promotion at €17.95 for a 5-liter container, equating to €3.59 per liter until June 30.
• Official origin prices for extra virgin olive oil ranged between €3.28 and €3.61 per kilo as of mid-June, according to Poolred, Oleísta and Infaoliva.
• Eroski, Carrefour, Mercadona and El Corte Inglés are offering AOVE at shelf prices from €4.05 to €4.79 per liter.
• A strong 2025 harvest and the Spanish government’s July 2024 VAT reduction to 4% have driven year-on-year declines in olive oil costs.
• Despite the recent drop, current retail prices remain well above the €1.80 per liter levels recorded in August 2020.