€3.40 to €5.77 per kilogram, following a stabilization and general descent from previous drought-driven record highs.
Spain: Extra virgin olive oil averages €3.40/kg; virgin olive oil is €3.13/kg.
Source : https://oleista.com/en/prices
Market Interpretation
Spanish olive oil prices have stabilized following the sharp correction from previous drought-driven highs.
Current market levels suggest a more balanced supply environment, although price movements may continue to vary by grade and origin.
AltaMas View
Market conditions remain relatively stable. However, buyers should continue to monitor grade-specific price movements and upcoming harvest conditions.
For Korean buyers planning Q4 procurement, current price levels provide an opportunity to review purchasing positions while maintaining flexibility.
Source: POOLred / Olimerca
Market Update: August 2026