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3 clusters · 9 sources · 3 days · First seen · Last updated

Greek olive production and pricing trends

Overview

Olive producers in Chalkidiki, Greece, are facing an intensifying economic crisis. While previous projections for the 2026/27 season suggested a production of approximately 300,000 tons, current reports indicate a severe downturn for green table olives. Producers claim this year’s harvest has decreased by up to 50% compared to the previous year.

Market prices for green table olives have collapsed by approximately 40%. While these olives sold for 1.80 euros per kilogram last year, current prices are hovering between 1.10 and 1.20 euros. With cultivation costs estimated at 1.00 to 1.10 euros per kilogram, producers warn that remaining margins may fall as low as 80 to 85 cents per kilogram, making it difficult to cover expenses.

In addition to production and pricing struggles, farmers in Chalkidiki have accused processing units of unfair practices, such as unilaterally setting prices after collection without pre-established agreements and failing to pay outstanding amounts from previous periods. Producers are calling for immediate compensation and measures to address the crisis, noting that harvesting has reportedly stopped in other regions of Northern Greece.

Entities

Chalkidiki · Manolis Giannoulis · Spain · National Interprofessional Olive Oil Organization · Greece

Timeline

  1. 11 days ago

    [BUSINESS] 2 sources
    Chalkidiki olive producers face production drop and price collapse

    Olive producers in Chalkidiki face a crisis as green table olive production drops by 50% and prices fall by 40%, making it difficult to cover cultivation costs.

  2. 12 days ago

    [BUSINESS] 2 sources
    Greek olive oil production expected to reach 300,000 tons

    Greek olive oil production for the 2026/27 season is expected to reach approximately 300,000 tons, with producer prices stabilizing near €4 per kilo amid shifting Spanish harvest forecasts.

  3. 13 days ago

    [BUSINESS] 6 sources
    Chalkidiki olive producers demand higher prices amid rising costs

    Olive producers in Chalkidiki, Greece, are demanding a minimum price of 1.50 euros per kilogram for table olives to offset rising production costs and avoid financial losses.

Sources

agronewsbomb.gr · capital.gr · e-agrotis.gr · reader.gr · seleo.gr · tharrosnews.gr · ypaithros.gr · zarpanews.gr · zougla.gr

This summary has been updated 1 time: see revision history