These are the countries in Europe with the most expensive and cheapest Spanish olive oil

Published Jul 24, 2024

Tridge summary

A study by Europages reveals that Ireland offers the cheapest Spanish extra virgin olive oil (EVOO) in Europe, with Aldi pricing it at 5.49 euros per liter, while Hungary has the highest prices at 18.99 euros per liter in Auchan. Despite Spain's VAT reduction on olive oil, the lowest price in Spanish supermarkets is 8.95 euros per liter at Mercadona. The study highlights significant price variations across European countries and even within the same supermarket chains. Outside Europe, EVOO prices also vary, with La Española brand costing 8.99 euros per liter in Japan and 14.80 euros in Poland. Olive oil is a major Spanish export, with Italy, the United States, and Portugal being the top destinations, and recent trends show increased exports to Italy and the UK, but a decline in Asian and Oceanian markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ireland is the country where Spanish extra virgin olive oil (EVOO) is sold cheapest, while Hungary has the highest prices among the European supermarkets analyzed by Europages, the main B2B platform for commercial contacts in Europe. Following the reduction of VAT on olive oil to 0% by the Government of Spain, and the changes in its price, Europages has carried out an analysis of EVOO prices in European supermarkets and has examined its global demand through its B2B supplier platform. The study reveals that the cheapest EVOO in Europe is not found in Spain, but in the Aldi supermarket in Ireland, with a price of 5.49 euros per liter, almost half the price of the cheapest in Spanish supermarkets. In Spain, the most affordable EVOO is found in Mercadona, with a liter of extra virgin oil from its white label at 8.95 euros. Surprisingly, in countries like Belgium and the United Kingdom, where the cost of living is generally higher and the product is imported, citizens can purchase a ...
Source: Lne

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