[CLSTR]
< Back to situation

[REVISION HISTORY]

Greek olive production and pricing trends

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-09-21 15:06 UTC → 2026-09-21 16:14 UTC · added removed

Olive producers in Chalkidiki, Greece, have faced are facing an intensifying economic crisis driven by rising labor and crisis. While previous projections for the 2026/27 season suggested a production costs alongside falling market prices. Farmers reported that daily wages of approximately 300,000 tons, current reports indicate a severe downturn for skilled workers reached green table olives. Producers claim this year’s harvest has decreased by up to 90 euros, while 50% compared to the previous year. Market prices for green table olive olives have collapsed by approximately 40%. While these olives sold for 1.80 euros per kilogram last year, current prices dropped 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 1.10 euros 80 to 85 cents per kilogram. kilogram, making it difficult to cover expenses. In response, agricultural cooperatives requested a minimum price of 1.50 euros per kilogram for certain olive categories and threatened legal action against processing companies. Looking toward the 2026/27 season, Greek olive oil production is projected addition to reach approximately 300,000 tons. While production outlooks have improved, prices and pricing struggles, farmers in Chalkidiki have stabilized; extra virgin olive oil producer accused processing units of unfair practices, such as unilaterally setting prices are estimated between €3.90 after collection without pre-established agreements and €4.20 per kilogram, a significant decrease failing to pay outstanding amounts from previous highs of approximately €9.50 per kilogram. The market remains influenced by Spanish production forecasts, where drought periods. Producers are calling for immediate compensation and heat have lowered expected yields, helping measures to prevent a total collapse address the crisis, noting that harvesting has reportedly stopped in regional market prices. other regions of Northern Greece.

Versions

  1. 2026-09-21 16:14 UTC Greek olive production and pricing trends
  2. 2026-09-21 15:06 UTC Greek olive production and pricing trends

Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.