The global olive oil market is in the process of intense redeployment, according to a report by the International Olive Council. Australia emerges as a dynamic importer with 42,272 tonnes in 2021–25, rising 46%. Turkey records an explosive export increase of 187.8%, while Greece and Lebanon follow with 162.4% and 158.7% respectively. Worldwide, imports of olive oil increased 9.2% in the first four months 2025/26, with virgin olive oil dominated by 72.9%. Producer prices vary significantly, with Spain recording an increase of 14.8% to 438.5 euros per 100 kg.
Analyticalally:
The world olive oil market is entering a stage of intense redeployment, according to the new report of the International Olive Oil Council, as demand remains strong and trade flows are being redefined. Australia emerges as a leading actor with spectacular import growth, while countries like Greece and Turkey record impressive growth rates
In a report recently adopted by the International Olive Oil Council (IOC), it refers to the dynamics recorded by the global olive oil sector, with international trade flows and prices reflecting a period of intense changes.
The latest data available for April 2026, according to the agrotypo, confirm that the demand for olive oil and table olives remains strong, while at the same time new balance is formed between the main export countries.
As the IOC says, the Australian market is a typical example, which is highlighted by one of the most dynamic importers of olive oil.
During the 2021–25 growing season, imports reached 42,272 tonnes, with an impressive 46% increase compared to the previous year. The upward trend continued in the first quarter of the period 2025/26, with further aid of 12.5%.
The focus of exports to Australia remains traditional olive-producing countries such as Spain, Italy and Greece, along with Turkey and Lebanon, which total 97.3% of imports. However, there are notable differences in growth rates: Turkey records an explosive rise of 187.8%, while Greece and Lebanon are reinforced by 162.4% and 158.7% respectively. On the contrary, increases from Spain and Italy, although significant, move to more moderate levels.
At product level, the market continues to give clear priority to virgin olive oil, which represents almost 3/4 of imports (72.9%).
The remaining share is allocated mainly to other olive oils, while the olive oils retain a marginal presence.
The upward trend is not limited to Australia. Worldwide, imports of olive oil increased by 9.2% in the first four months of the growing season of 2025/26, which reflects the expansion of consumption in many markets. Exceptions are Canada and the United States, where a retreat is observed.
At the same time, imports of table olives rose 7.8%, confirming the overall reinforcement of demand for olive products.
Significant variations are also recorded in the producer prices of exceptional virgin olive oil. In Spain, prices increased by 14.8% to 438.5 euros per 100 kg, while in Italy there was a sharp fall of 30.1%. In Greece (Chania), prices remained relatively stable, with a marginal increase of 1.2%.
Source: agrotypos. gr
