Global Olive Oil Market Update: Pricing Trends and Supply Outlook for 2025
The global olive oil market has experienced significant volatility over the past 18 months, driven by adverse growing conditions, drought across key Mediterranean regions, and fluctuating international demand. These factors led to record-high olive oil prices in 2023, placing pressure on foodservice operators, manufacturers, and wholesalers alike.
Good news for the industry: Yields are steadily improving, pricing pressures are beginning to ease, and the outlook for the 2025 season is more positive.
At Sherman Foods, we’ve been monitoring international and domestic market movements closely to ensure we continue delivering consistent, reliable supply and competitive pricing across our premium olive oil portfolio.
What’s happening globally:
Improved rainfall and growing conditions across parts of Spain, Greece, and Italy have lifted yield forecasts for 2025.
New harvests are entering the market in the Southern Hemisphere, contributing additional volume and helping stabilise global pricing.
Bulk olive oil pricing has started to soften, offering relief to foodservice and manufacturing sectors that rely on large-volume supply.
Your reliable supplier for both Australian and imported olive oils
Sherman Foods is proud to supply premium-quality Australian Extra Virgin Olive Oil and quality imported olive oils, offering our customers the flexibility to choose the right oil for their menu, product range, and price point.
Whether you require bulk olive oil for food production, catering, or foodservice operations, our team is ready to support you with secure supply, technical expertise, and responsive customer service.
Talk to us about upcoming pricing opportunities and current availability.
Contact Sherman Foods today on 1800 950 596 or sales@shermanfoods.com.au.