Spain is the world’s biggest olive oil producer, covering 70% of European Union consumption and 45% of that of the entire world.
But a lack of rain that olive-producing areas around Spain have been seeing has had an enormous impact on both the amount of oil being produced – and its price.
In Spain, olive oil prices have increased by more than 70% this year alone after a sharp rise in 2022, with one-litre bottle of extra virgin oil currently costing around €9 ($9.88; £7.79).
The rise in the price of olive oil in Spain has been echoed across Europe – however in some countries, the increase has not been quite as sharp.
A recent trend, for example, has seen Spaniards who live near Portugal crossing the border to buy slightly cheaper oil there.
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37 Comments
Interesting that everything good for us is suddenly hard to get or super expensive. Forcing us to turn to seed oils.
We find out red meat is actually good and they want to ban it and force us on to bugs instead.
Can the BBC deal with these damn bots ffs
The comment section is just swamped in bots. Don't waste your time..
For us in continental Europe has always been the same , we could not afford olive oil for cooking, very expensive ! For Cooking we use vegetable oil as before
Olive Oil only forsalads !!
What a load of BBC bollux…..
So crude oil has caused olive oil to suffer
Climate change
Don't you just love the BBC BOLLUX NEWS .
Greenhouses are a fantastic invention. Anyone can grow Olives in any part of the world. Prices will always rise if you only have one egg basket.
I think YouTube actually sells its comment section to advertisers now. How did the spam filter not detect it?
Defund the BBC! They don't do journalism; they do propaganda.
Why doesn't he recommend cheaper oil because people comsume only a few quantity?
I can't understand this reason lol
Not a surprise. As carbon pollution worsens, expect more droughts and food shortages. Scientists have long warned us about this while politicians do nothing.
How try coconut oil too
In Pakistan we planted olive oil on thousand of acrs
These criminals are literally cutting the sustenance right from under us on purpose. But you gelded, beta, domesticated, lib dweebs in the comment section of every BBC news video see nothing. Get your boosters, and f**k off 👍🖕
Does anyone else think the Amazon AMA52K can lick my balls? Because I don't think it can.
BBC licence fee/poll tax skyrockets!
What doesn't skyrocket this days… My paycheck perhpas but whatelse ? 😒
I love the grounded reality of this channel!!, it's a great joy I no longer depend on Government Grant since i earn $60,000 every 27days……
You guys have to be crazy thinking olive oil is better than coconut oil 🥥
We knew this was coming. Desertification in Spain due to human-driven climate change is having massive impact. Expect all food prices to get worse as long as the parasites on the Right keep manipulating the public into believing their low-intelligence, anti-science propaganda.
Plenty in Australia….
It's an easy task to get rid of spam comments. BBC?
Food shortage is around the corner. ….2030 gn8
As for bad for people’s health, you should definitely not cook with it as the first person was doing. Ruins the oil, ruins your health.
RECENTLY, BUTTER IS APPROACHING BEING A HEALTH FOOD. MAYBE NOT QUITE AS HEALTHY AS OLIVE OIL IT IS BETTER FOR YOU THAN MOST VEGETABLE OIL. HAVE MILK, YOU CAN MAKE BUTTER, HAVE A HANDFUL OF CORN AND YOU NEED A FACTORY TO SQUEEZE OUT SOME CORN OIL.
It's so nutritionally benifitial and lacks sun flowers or corn oil toxicities.
Well the BBC left out the Palestinian Olive Oil has been interrupted by Israelis for years now which doesn't help.
bbc had all olives in martini glasses
In my home we use mustard oil for cooking. Is it cheap? No. But definitely cheaper than olive oil.
Welcher Film hat dich tief bewegt?💚
Thanks to money printing, inflation is still alive. World needs higher interest rates.
Ukraine:
Allow Us to introduce SUNFLOWER OIL .
😉
No trouble at all. There are so many alternatives.
I thought the olive oil in Ukraine is so pricy now because of our currency devaluation and war situation in general.
I wish Olive Oil in the States cost $8.00.Olive Oil here is anywhere from $10.00-$22.00
And people wonder why the invading land thieves, so called settlers, steal Palestinian's olives.
The alternatives are the problem. Too much saturated fat and GM.
olives take A long time to grow in comparison so competition isn't easy to begin in say another country.
There is also an amount of price fixing by oil cartels going on.