Experts say whether prices for olive oil will increase in Russia

Published 2023년 10월 13일

Tridge summary

The rise in prices for olive oil in Europe is expected to impact prices in Russia as well. The cost of one liter of olive oil in Russia is already high at 1,233 rubles. However, experts assure that there will not be a shortage of olive oil in Russia and that even small imports will be sufficient to meet the demands of consumers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In European countries there is a rapid rise in prices for olive oil. Why prices for the popular product have skyrocketed, and whether Russia faces a shortage and rising prices for imported olive oil, experts said. As agricultural market expert Alexander Korbut said, rising prices for olive oil in Europe will certainly affect its price in our country. The cost of this product is influenced by exchange rates, increasingly complex logistics, customs and other costs. Already today the cost of one liter of olive oil in Russia is 1,233 rubles. At the same time, the expert added that this oil is not included in the list of essential products. Therefore, there is no special attention from the state and no price regulation for it. The trend of consuming olive oil arose in Russia relatively recently, when foreign salads ...
Source: Oilworld

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