Why will the price of olive oil rise (so much)?


    Bad news for consumers! The price of olive oil is rising significantly. We explain why.

    It’s hard to let go! Olive oil is an essential ingredient in cooking. But bad news can dampen chefs’ enthusiasm. The price of this liquid gold may rise in the coming months!

    This is already the case Spain Since the end of summer. The world’s leading company in the production and export of olive oil Prices reach 10 euros per liter in some supermarkets. This is a severe blow to our European neighbors because the product forms one of the foundations of Mediterranean cuisine.

    The reason appears to be climatic. In fact, Spain has been recording record temperatures for several years. Droughts hitting the country have significantly impacted 2022-2023 production and had a direct impact on crops. The result is disastrous.

    In the face of continued demand, liquid gold prices are rising. The problems caused by the climate seem to be the same in Italy and Greece, two countries on the global podium for olive oil producers. There is still a shred of hope allowed. In fact, the heavy rains that have fallen in Spain in recent days could help and enable a better harvest for 2023-2024.

    Know that there is Interesting alternatives to olive oil. In fact, other vegetable oils are affordable and also have multiple benefits both for health and for the taste buds. First, you can replace olive oil with olive oil Peanut oil. It’s perfect for frying, for example. Sun flower oil It is also a good idea and has a fairly neutral taste. Rapeseed oil Excellent for salad dressing. for Grapeseed oil or Sesame oilboth have a very clear and subtle taste, which will go great with your dishes.