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Spanish Olive Oil Origin Prices Rise Slightly After Months of Decline

Early July’s slight increase in costs reflects the first market rebound after months of harvest-driven declines.

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Overview

  • Official Poolred data show origin prices at €3.66/kg, up from mid-June levels and ending a downward trend.
  • Supermarkets list extra virgin olive oil offers between €3.59 per liter at Alcampo and €4.98 per liter for its own brand.
  • The government’s VAT on olive oil remains at 4% following last year’s cut from the standard 10%.
  • National statistics record a 5.8% price drop from May to June 2025 and a 45.7% fall over the past year.
  • Sector analysts call current price levels stable but warn that summer weather will determine the next harvest’s impact on costs.