The European Commission has approved the registration of a new designation, thereby recognizing its distinctive qualities. The “Oli de Menorca/Aceite de Menorca” (as a protected geographical indication) is an organic extra virgin olive oil produced on the island of Menorca. It is a fruity oil, with a medium to intense flavor, and on the palate, […]
EU food prices: olive oil up 75% since January 2021
After substantial increases in 2022, food prices in the EU continued to rise also in 2023. Data for the second and third quarters of this year show that the prices of some items registered a slower increase. In September 2023, prices of eggs, butter and potatoes in the EU are higher than in January 2021 […]
The EU: the largest producer of olive oil in the world
With 69% of world production, the EU is the largest manufacturer, exporter and consumer of olive oil in the world. However, due to its high economic value compared to other food products, olive oil is considered at high risk of non-compliances and fraud. For producing Member States, the EU framework for conformity checks effectively contributed to […]
Olive oil and Wine trade in the EU
EU trade in olive oil EU Member States exported over 1.6 million tonnes of olive oil in 2018, worth €5.7 billion. Almost two thirds of these exports went to other EU Member States (63%, or 1.0 million tonnes). This represents a 15% increase in the value of EU Member States’ total exports compared with 2013. […]