From Mediterrolio
mediterrolio.com
🇵🇹 Portugal
Oleista’s first Portuguese update in three weeks puts EVOO at €3.49/kg (W41, October 5, +0.3%) and virgin oil at €3.33/kg — €0.35/kg above Spain. The national market bulletin for October 12–18 is the more telling data point: the average price of packaged extra virgin fell €1.18/L on the week, Spanish prices continue to set the tone, and the entry of low-priced Tunisian oil is putting the market under strong pressure, leaving national producers unable to cover raw-material and production costs. Oil quality is reported as good in all regions, and INE continues to project around 175,000 t, driven by new intensive and super-intensive groves in Alentejo. On October 22, Olivum — the association of olive growers and mills — highlighted that Baixo Alentejo now produces roughly 80% of Portugal’s olive oil.
| Region | Wholesale EVOO Price Range |
|---|---|
| Alentejo (Super-Intensive / Modern Estates) | €3.33 – €3.63/kg |
| Trás-os-Montes (Traditional Mountain Groves) | €3.58 – €3.93/kg |
| Centro / Ribatejo (Blended Commercial Base) | €3.43 – €3.68/kg |
Key Market Dynamics This Week:
- Shelf Prices Start to Move: A €1.18/L weekly fall in packaged EVOO is the clearest pass-through of lower bulk prices we have seen in an EU market this autumn.
- Concentration in Baixo Alentejo: With ~80% of output from one modern-grove region, Portuguese supply will increasingly track Spanish super-intensive pricing.