Daily benchmark assessment · 2 September 2026

OLEA MARKETS The global olive oil price benchmark

Olive oil price in Portugal

3.500€/kg

2026-08-23 European Commission — agri-food data portal (olive oil prices)

Extra virgin olive oil in Portugal trades at 3.500 EUR/kg at origin (2026-08-23), according to the latest national price published by the European Commission (agridata).

As a cross-market reference, the OLEA-EVOO-EU composite (Spain, Italy, Greece, Portugal weighted by production) stands at 3.573 EUR/kg.

Portugal is one of the four producing markets covered by Olea Markets, which together account for roughly two thirds of world olive oil production.

Full history

1.433.435.447.449.442004-01-112008-07-222013-01-312017-08-122022-02-212026-09-022004-01-11 · 2.120 €/kg2005-07-16 · 2.785 €/kg2007-01-19 · 2.508 €/kg2008-07-24 · 2.421 €/kg2010-01-27 · 2.132 €/kg2011-08-02 · 2.178 €/kg2013-02-04 · 2.933 €/kg2014-08-10 · 2.722 €/kg2016-02-13 · 3.347 €/kg2017-08-18 · 3.843 €/kg2019-02-21 · 3.253 €/kg2020-08-26 · 2.377 €/kg2022-03-01 · 3.402 €/kg2023-09-04 · 8.173 €/kg2025-03-09 · 5.109 €/kg2026-09-02 · 3.573 €/kg9.0781.7953.573 €/kg · 2026-09-02

Olea Price reference indices

Index €/kg Δ 1D Δ 1W Date
OLEA-EVOO-EU 3.573 +0.31% +0.76% 2026-09-02
OLEA-EVOO-ES 3.573 +0.31% +0.76% 2026-09-02
OLEA-EVOO-IT 4.556 0.00% 0.00% 2026-09-02 carried forward

Latest national observations (Portugal)

Grade €/kg Date Source
Extra Virgin Olive Oil 3.500 2026-08-23 European Commission — agri-food data portal (olive oil prices) — national
Extra Virgin Olive Oil 3.600 2026-08-16 European Commission — agri-food data portal (olive oil prices) — national
Extra Virgin Olive Oil 3.950 2026-07-05 European Commission — agri-food data portal (olive oil prices) — national
Extra Virgin Olive Oil 3.950 2026-06-28 European Commission — agri-food data portal (olive oil prices) — national
Extra Virgin Olive Oil 3.950 2026-06-21 European Commission — agri-food data portal (olive oil prices) — national
Extra Virgin Olive Oil 3.950 2026-06-14 European Commission — agri-food data portal (olive oil prices) — national
Extra Virgin Olive Oil 4.150 2026-06-07 European Commission — agri-food data portal (olive oil prices) — national

Frequently asked questions

How is this price calculated?
The Olea Price is a weighted average of non-quarantined origin-price observations over a 14-day window, weighted by recency, source tier and volume. The methodology is public and versioned.
How often is it updated?
Daily, including days when underlying sources publish weekly. Sessions with no fresh quotes repeat the last value, marked as carried forward.
Where does the data come from?
Exclusively from official and semi-official sources: MAPA, the Junta de Andalucía price observatory, the European Commission (agridata) and ISMEA.
Does the Portugal price match the national index?
Not necessarily: the national index aggregates every region. Local observations in Portugal can trade above or below it depending on variety, campaign and local demand.