This year's olive growing season in Italy has ended, how did production and prices fluctuate?

Published 2025년 2월 21일

Tridge summary

The article reports on the conclusion of the olive growing season in Italy for the 2024/2025 period, highlighting stable producer prices for extra virgin and lampante olive oil. The Italian Ministry of Agriculture has reported a significant decrease in olive oil reserves, with a 23.5% drop for virgin and extra virgin olive oil and a 20.5% decrease for lampante compared to the previous year. The majority of the stocks are Italian in origin, with southern regions contributing significantly to the production. There has also been a 13% decrease in olive oils with designation of origin. To ensure product authenticity and prevent fraudulent practices, the Italian Deputy Minister of Agriculture has announced strict traceability controls and warned the industry against incorrect imports and misrepresentation of olive oil as Italian.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year's (2024/2025) olive growing season in Italy has ended. The average producer price for the entire harvest season remained stable. It ranged around 9 euros per kilo for extra virgin olive oil and from 2.80 to 3.40 euros for lampante. According to data presented by the Italian Ministry of Agriculture (MASAF), on January 31, 2025, the country had total reserves of 158,000 tons of virgin and extra virgin olive oil (155,000 tons of extra virgin), which are reduced by 23.5% compared to the corresponding previous period. In these quantities we still have 214,000 tons of low-quality olive oil (lampante - refined), which are also reduced, by 20.5%, compared to 2024. According to the Italian government, 63.2% of extra virgin olive oil stocks are of Italian origin, while the product of EU origin represents 28.9%. Also 53.9% of olive oil comes from the southern regions of Italy, Puglia and Calabria (34.8% and 11.0%, respectively). Olive oils with designation of origin (PDO, ...

Source: Agrotypos