What is the price of olive oil per kilogram/pound in Greece today?
The retail price range for Greece olive oil is between US$ 7.99 and US$ 15.12 per kilogram or between US$ 3.62 and US$ 6.86 per pound(lb). Click here to see today's exact prices of olive oil in Greece
The retail price range in Euro for olive oil is between EUR 7.38 and EUR 13.97 per kilogram or between EUR 3.35 and EUR 6.33 per pound(lb) in Athens and Thessaloniki.
Wholesale prices
In 2024, the approximate wholesale price range for Greece olive oil is between US$ 5.59 and US$ 10.58 per kilogram or between US$ 2.54 and US$ 4.80 per pound(lb).
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Greece olive oil - Production, Exports, Imports, Seasons and HS Codes
The volume of olive oil shipped by Greece in 2020 was 214,959 metric tons. In 2019 Greece exported 123,516 tonnes of olive oil. For 2019 alone, the interest in Greece olive oil (processed category) has reduced, changing by -39.708 pc compared to the year 2018. Between 2017 and 2019, olive oil's exports went down by -10.53 pc netting the exporter US$416.67m for the year 2019. Greece's olive oil exports are classified as:
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
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Greece olive oil export values
In 2019, Greece exported olive oil costing 416.67m USD, a reduction of -46.18% from 2018's total olive oil export of 774.234m USD. The yearly change in value of Greece olive oil between 2017 to 2018 was 29.847 per cent.
The annual/yearly change in the volume of Greece's olive oil exports between 2017 and 2019 was -10.53 pc in comparison to a variation of -39.708% in the period between 2018 and 2019.
Greece's share of the world's total olive oil's exports in 2019 was less than 1%. The country is ranked number 43 in world exports of olive oil.
Export markets for Greece olive oil ( in '000$ )
Greece's top export markets for olive oil are Italy, Spain, Bulgaria, Romania and Serbia.
Import/Export Trends
Greece is a net importer of olive oil. The annual growth of Greece olive oil in value between 2015 to 2019 was -14%, per year, while annual growth in quantity through the same period was -18%, per annum.
Greece procured 4,359 tonnes of olive oil in 2019.