Olive Oil Prices in Spain
Extra virgin, virgin and lampante at origin: the world benchmark, in EUR/kg
Indicative bulk price at origin from official weekly prints. See the methodology.
Spain prices by grade
| Grade | €/kg | Change |
|---|---|---|
| Spanish Extra VirginES-EV | €3.54 | -0.3% |
| Spanish VirginES-VR | €3.21 | -0.3% |
| Spanish LampantES-LP | €2.97 | -0.3% |
The Spain market
Spain is the reference market for olive oil: it produces roughly half of the world's supply in a normal campaign, and prices agreed at origin in Andalusia set the level every other origin trades around. The quotes above come from official weekly prints and cover the three commercial grades (extra virgin, virgin and lampante), so the full Spanish price structure is visible on one page.
Spanish origin prices respond to the size and quality of the Andalusian harvest, the pace of exports and bottler demand, and carry-over stocks held by mills and cooperatives. The grade spreads matter as much as the level: a narrow gap between lampante and extra virgin signals scarce quality oil, while a wide one points to an abundant, sound harvest.
Frequently asked questions
What is the current olive oil price in Spain?
The board above shows the latest indicative origin prices for Spanish extra virgin, virgin and lampante olive oil in EUR per kilogram, sourced from official weekly prints and updated as new references publish.
Why do Spanish prices set the world benchmark?
Spain accounts for roughly half of global production and dominates bulk exports, so buyers everywhere price other origins as a premium or discount to Spanish oil. When the Spanish crop moves, world prices move with it.
Where do Spanish origin prices come from?
From official sources: the European Commission's weekly member-state prints and Spanish market references such as Poolred, which reflects actual transactions in the Jaén hub. Our methodology page documents each source and the revision policy.
What is the difference between the three Spanish grades quoted?
Extra virgin (acidity below 0.8%, no defects) is the top grade; virgin allows up to 2.0%; lampante fails those thresholds and is refined before consumption. Each trades at its own price, and the spreads between them are a read on harvest quality.
Other origins & grades
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