Prețul uleiului de măsline este în pragul prăbușirii, după nivelurile-record atinse anterior • Newsweek România

The price of olive oil is on the verge of collapse after record highs, driven by a significant increase in production and decreased demand. Following a period of historic price hikes, the European market is experiencing a drastic shift due to a new harvest. The production in the EU fell sharply in previous years due to climate anomalies, but now Spain, Greece, and Italy are seeing a surge in output. This has led to a rapid decline in prices, with extra virgin olive oil dropping below 4 euros per kilogram. Farmers face tough conditions as operational costs remain high, and exports have also decreased significantly. Analysts predict no immediate reversal of this downward trend.