The Spanish olive oil sector has updated its reference prices for this purpose Tuesday, December 2, 2025. Quotations from his differences VirginExtra, virgin and Lampant They provide insight into the moment that product is in the market.
The importance of staying up to date on the value of this product is due to its importance to the country. Spain is the world’s leading exporter of olive oil and, according to the Minister of Agriculture, Fisheries and Food (MAPA), more than half of exports leave our borders.
Different elements encourage changes in the value of olive oil, from weather conditions, production costs and national and international demand, representing the pulse of one of the most representative products of the Mediterranean region.
This is the latest price for olive oil in euros/kg in its extra virgin, virgin and lampante versions, according to data from Infaoliva, Almazaras Federadas de Córdoba and Junta de Andalucía.
Involiva
Virgin olive oil: 3.75 euros
Extra virgin olive oil: s/c
Labante Olive Oil: 3.65 euros
Consolidated oil mills in Cordoba
Virgin olive oil: SC.
Extra virgin olive oil: SC.
Labante Olive Oil: SC.
Andalusia Council
Virgin olive oil: 3.7 euros
Extra virgin olive oil: 4.52 euros
Labante Olive Oil: 3.28 euros
The olive oil sector is a fundamental pillar of the Spanish agri-food system, as defined by MAPA.
These are not simple words. Spain is a world leader in area, production and foreign trade thanks to its tradition of olive cultivation and a technologically advanced and professional industry capable of obtaining high-quality oils.
Olive oil represents the third most exported agri-food product in Spain, with more than 150 destination countries and a favorable trade balance that contributes to the positive balance of the entire agri-food sector.
According to official data, Spanish olive oil production represents 70% of European Union production and 45% of world production.
Not only does olive oil have undeniable economic importance, it also has a significant social, environmental and regional impact. It devotes more than 350,000 farmers to growing olive groves, sustaining about 15,000 additional jobs in the industry and generating more than 32 million wages per campaign.
Likewise, the transformation and distribution of their products, including their by-products, constitute the main activity of many municipalities and an associated industry that structures and unifies, in many cases, the rural environment in which they are located, supported by a strong popular cooperative movement.
Official data indicate that the olive grove covers 2.75 million hectares, of which 2.55 million hectares belong to olive oil press groves.
The crop is found in 15 of the 17 autonomous regions distributed in the center, south and east of the peninsula. Andalusia is the largest producing region with an area of 1.67 million hectares and is mainly concentrated in Jaén, its characteristic “sea of olive trees”.
Olive cultivation has the largest area of integrated production in Spain with an area of 477,606 hectares, which represents 57% of the national total for this type of production and 18% of the total area of olive groves in Spain. In addition, 217,864 hectares of olive oil presses are produced under an organic farming system.
Regionally, olive oil production is in Andalusia at 80% of the total, with Jaén being the main producing province at around 37% of the total, followed by Castile-La Mancha at 8% and Extremadura at 4% of the national total.
These have not been easy times for the olive oil (EFE) market.
2025 was not the best year for olive oil producers; Climate changes have affected the market for this important product for the country.
The effects on olive oil were so great that experts expect a decline in production for the rest of the 2025/2026 season, which could determine price fluctuations, but everything is subject to weather conditions during the next two months.
“Experts and analysts from six of the world’s largest olive oil-producing countries estimate that production in these countries could reach 2.65 million metric tons,” reports the specialist magazine Olive Times.
Expectations indicate that olive oil production during the coming months in Greece, Italy, Portugal, Spain, Tunisia and Turkey will decrease compared to the 2.94 million tons produced in the 2024/25 campaign. However, there is hope that it will exceed the five-year average of 2.41 million tons.
The agency, in light of the heavy rains and moderate temperatures in the spring, did not rule out “a big harvest in 2025/2026”, which is why in August it submitted a draft oil marketing standard for public consultation in order to activate the recall of the product in the next campaign to avoid selling it below costs.
The possible application of the mechanism for withdrawing from the oil market for the next campaign awaits the publication of the final order, which, according to Agriculture, will not be implemented unless “the estimates of the rise in olive oil production and possible market imbalances are finally confirmed.”