A drop in olive oil prices is expected

Köklü Zeytincilik Board Chairman Mustafa Kürlek announced that they expect olive oil prices to drop in the first months of 2026 in Turkey. It was stated that high harvest expectations in Spain and Tunisia would be effective in the price decrease. Speaking at the "Olive Oil Journey from Ayvalık to World Tables" panel within the Gastrofest in Ayvalık, Kürlek said that while last season's olive oil harvest was 475,000 tons, this year a harvest of 250-300 thousand tons is expected. Kürlek stated, "If Spain achieves a harvest of 1.7-1.8 million tons and Tunisia exceeds expectations with a record 450,000 tons, we expect prices in Turkey to drop in the first months of 2026." Speaking at the panel held at Kırlangıç Historical Soap House Hall, moderated by Net Holding Board Member & Gourmet Writer Reha Arar, Mustafa Kürlek said, "Ayvalık is one of three locations in the world for quality olive oil production. We bring the oils and olives obtained from our own trees to consumers. We have ...