The price of extra virgin olive oil is one of the factors to consider when purchasing this product. It's important to understand that the oil's monetary value and subsequent selling price are determined based on various parameters.
To give consumers an idea of the main price variations on the market, we took into account the data released by Unaprol in the third week of January 2013. Oil market and price according to Unaprol
How much does olive oil cost according to Unaprol? Extra virgin olive oil prices
are trending upward, having increased by approximately 2% compared to previous surveys. Currently, the price of extra virgin olive oil is standardized at approximately € 3.07
per kilo, while lampante oil has seen a significant decline, dropping to € 2.37
per kilo.
Extra virgin olive oil products can be classified based on the amount of oleic acid they contain. This makes a distinction between extra virgin olive oil, which must have an oleic acid content no higher than 0.8%, and virgin olive oil , a slightly lower quality, which has a free acidity no higher than 2%.
Finally, there's lampante virgin olive oil , which has a flavor and acidity above 2%. It cannot be consumed directly but must undergo a refining process to improve its characteristics and make it ready for consumption. According to data released by Unaprol, the price of extra virgin olive oil is rising , even though the market is stable.
Prices have risen, especially in Calabria, in the Gioia Taura area, because the olive oil harvest is being delayed due to the unstable weather this past year.
Regarding the olive oil market , the wholesale segment must also be taken into account. Here too, prices for refined olive oil and pomace oil have increased. Oil price for producers
After considering market decisions and key trends, it's important to keep in mind that the price of extra virgin olive oil, determined by the professionalism of its producers, is influenced by numerous factors. In addition to the costs of managing and sourcing the raw materials, a production company must consider the costs of processing and storing the oil . The olives must be cold-pressed and stored in temperature-controlled environments. Once the oil has passed analysis and quality control, it must be bottled, packaged, and then transported from the producer to the point of sale. In the case of Frantoio Oleario Pace, the process takes place directly from the producer to the consumer. Oil prices in international markets
As for international markets , each country sets a specific price for extra virgin olive oil based on current prices. In Spain, there has been a significant increase in prices, while in Tunisia, prices have dropped slightly.
To accommodate consumers who are now exhausted by the rising prices of extra virgin olive oil, Frantoio Oleario Pace offers special packages and packs at truly advantageous prices.
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