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Spain Sets the Price. Italy Often Captures the Premium. Why?

By OliveTerm Research Desk·October 7, 2026

Italy's olive oil exporters have spent generations building markets abroad, leaving an advantage that survives changes in ownership and in the origin of the oil they sell.

A German supermarket shelf of Italian extra virgin olive oils: PrimOli bottles labelled Umbria, Sardegna and Toscano with D.O.P. and I.G.P. seals, organic Villa Vinci bottles marked 100% Italiano and gold-wrapped bottles, with more D.O.P. oils on the shelf above and price tags from 7.49€ to 14.99€

Photo: Alf van Beem, Germany, 2017

An Italian name on an olive oil bottle can be a valuable asset for a Spanish company. Bertolli and Carapelli belong to Deoleo, the Spain-based group that also owns Carbonell. The same group can buy Spanish oil and sell it through an Italian brand, participating in both parts of a trade often described as a rivalry between the two countries.

Between October 2025 and June 2026, Spain recorded approximately 230,700 tonnes of olive oil exports to Italy, according to European Commission figures. The Commission's September estimates put Spanish production for the 2025/26 campaign at roughly four times Italy's. An Italian bottler comparing supplies from several countries has to know what a suitable Spanish oil would cost. After a poor Spanish crop, buyers seeking replacement supplies can put pressure on other Mediterranean origins; with more Spanish oil available, they have greater room to negotiate. Spain's influence comes from the quantity it can supply and the alternatives that quantity gives buyers.

In August 2026, the Commission recorded national average extra virgin producer prices of approximately 4.86€/kg in Italy and 3.51€/kg in Spain, a difference of about 38%. Buyers committed to Italian-origin oil have fewer alternatives than those able to source across the Mediterranean. Origin also matters to consumers: a 2021 choice experiment involving more than 1,000 Italian consumers found that it influenced purchasing preferences. The study supports a role for origin in demand, though it does not isolate the cause of the current price gap.

What the label must say

An Italian brand can buy Spanish extra virgin olive oil and bottle it in Italy. For sale in the EU, the label must declare its origin correctly and the presentation must not mislead consumers. Bottling in Italy does not entitle the company to call it Italian oil. Oil marketed as "100% Italian" must come from olives harvested and milled in Italy.

Blending does not confer Italian origin either. A blend containing 90% Italian extra virgin oil and 10% Spanish extra virgin oil would still require an EU-origin declaration, even if mixed and bottled in Italy. If Tunisian oil were included, the declaration would need to cover both EU and non-EU origin. Blends made entirely from Italian-origin oils can be labelled Italian.

However, false origin claims have appeared repeatedly in enforcement cases. In the 2016 "Mamma Mia" investigation, Italian authorities reported that more than 2,000 tonnes of Spanish and Greek extra virgin oil had been sold as 100% Italian during 2014–15. ICQRF's 2025 report records a further case in Liguria involving 18,000 litres of EU olive oil sold as Italian "Taggiasca" oil.

Even the premium for Italian-origin oil varies with the harvest. ISMEA reported in September 2026 that Italian production had recovered in 2025/26 and national extra virgin prices had fallen during 2026, while remaining above those of Spain, Greece and Tunisia.

Markets built over generations

Bertolli traces its beginnings to a Tuscan grocery opened in 1865 and says demand from Italian emigrants prompted shipments to the United States within the following decade. Filippo Berio's company history describes sales to North American importers, restaurants, hotels and retailers in the 1870s. These firms were reaching customers through businesses already familiar with Italian food, establishing contacts that could support further sales. By 2013, when the US International Trade Commission published its investigation of the sector, Italian brands were already well known abroad, and Italian bottlers were skilled at blending oils. Its report also described major Spanish companies owning Italian brands while continuing to bottle substantial volumes in Italy.

In the 2024/25 crop year, Spain supplied more olive oil to the United States than Italy. Italy's shipments consisted almost entirely of packaged olive oil.

Supplying countryUS olive oil imports, 2024/25Packaged olive oil (% of volume)
Spain154,296 tonnes57.9%
Italy134,904 tonnes95.6%

Source: provisional International Olive Council data; OliveTerm calculations. Olive-pomace oil is excluded from both columns.

Spain also sells substantial volumes of packaged oil to the United States. In Italy's case, this format accounts for almost all shipments. These figures include both premium brands and supermarket labels.

What an established name is worth

For an established exporter, a recognised name gives customers a reason to look for its product again. The company can retain that identity while changing suppliers or adjusting its blend, provided it continues to deliver the product customers expect. An importer or retailer buying an established label also has experience of how it sells. A new entrant must persuade buyers to take a chance on its product and support it while demand develops. This is part of the commercial history behind Italian brands: their value includes the purchases and distribution relationships built around them, which a competing producer cannot acquire simply by making more oil.

Deoleo reported spending 17M€ on advertising and promotion in 2025, 30% more than a year earlier. The group also described work on purchasing and production efficiency alongside its investment in brands. Such costs have to be met from sales, together with packaging, financing and the expenses of getting the oil to customers. Distributors and retailers take their own margins.

Where the rivalry breaks down

An Italian bottler buying across the Mediterranean can therefore welcome a large Spanish harvest for the cheaper supplies it may bring. An Italian grower selling oil specifically for its origin is serving a different market. The familiar national comparison puts these businesses on the same side, even when their interests diverge. Deoleo's portfolio adds a further complication: the Italian name on the bottle can help generate sales for a Spanish group. Spain's production strength and Italy's commercial reputation are, in that case, working for the same company.

Sources

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