Daily benchmark assessment · 2 September 2026

OLEA MARKETS The global olive oil price benchmark

Olive oil price in Spain

3.573€/kg

OLEA-EVOO-ES 2026-09-02 +0.31%

Extra virgin olive oil in Spain trades at 3.573 EUR/kg at origin as of 2 September 2026, according to the OLEA-EVOO-ES benchmark by Olea Markets.

Over the last 30 days the index ranged between 3.517 and 3.648 EUR/kg, a weekly change of +0.76%.

That is a premium of 0.000 EUR/kg over the OLEA-EVOO-EU composite (production-weighted Spain, Italy, Greece, Portugal), currently at 3.573 EUR/kg.

Spain is the world's largest producer and the reference origin market: roughly half of global output comes from Andalusian mills, so the Spanish price anchors the international market.

The Olea Price is computed daily from official and semi-official sources only (MAPA, Junta de Andalucía, European Commission agridata, ISMEA), with a public, versioned methodology.

Full history

1.353.385.417.449.472004-01-112008-07-222013-01-312017-08-122022-02-212026-09-022004-01-11 · 1.964 €/kg2005-07-16 · 2.798 €/kg2007-01-19 · 2.479 €/kg2008-07-24 · 2.357 €/kg2010-01-27 · 2.117 €/kg2011-08-02 · 1.982 €/kg2013-02-04 · 2.987 €/kg2014-08-10 · 2.531 €/kg2016-02-13 · 3.351 €/kg2017-08-18 · 3.859 €/kg2019-02-21 · 2.740 €/kg2020-08-26 · 2.083 €/kg2022-03-01 · 3.277 €/kg2023-09-04 · 8.204 €/kg2025-03-09 · 4.191 €/kg2026-09-02 · 3.573 €/kg9.0981.7233.573 €/kg · 2026-09-02

National reference and EU composite

Index €/kg Δ 1D Δ 1W Date
OLEA-EVOO-ES 3.573 +0.31% +0.76% 2026-09-02
OLEA-EVOO-EU 3.573 +0.31% +0.76% 2026-09-02
OLEA-VIRGIN-ES 3.221 +0.81% +0.16% 2026-09-02

Frequently asked questions

How is the olive oil price in Spain calculated?
It is the OLEA-EVOO-ES benchmark: a weighted average of non-quarantined origin-price observations over a 14-day window, weighted by recency, source tier and volume.
Why compare Spain with the EU composite?
The OLEA-EVOO-EU composite weights the four producing markets by production, so the premium or discount of a national price against it shows how a market moves relative to Europe as a whole.
Is this a retail price?
No. It is the price at origin (producer/mill level), before bottling, distribution and retail margins.

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