Olive Oil Price Chart and Forecast Analysis | Provided by Procurement Resource
|Product Name||Olive Oil|
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Olive Oil Prices: https://www.procurementresource.com/resource-center/olive-oil-price-trends/pricerequest
Olive oil is a liquid that is extracted from olives. It is a crucial component of the Mediterranean diet. It has a melting point of -6 degrees Celsius and a boiling point of 700 degrees Celsius.
It is a popular vegetable oil. It is quite bitter in taste and is very sweet and potent in odour. It is manufactured by the extraction of oil from the olive drupes and after that, it is placed in a different vacuole, which is called a lipo vacuole. Further, the constituents like liquid and solid vegetative extracts from the other fruit constituents. Oil and water do not mix together, the separation is completely physical.
The major olive oil producers are Portugal, Italy, Algeria, Tunisia, Greece, Morocco, Turkey, France, Argentina, and Spain.
Key Details About the Olive Oil Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the olive oil price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The olive oil price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Olive Oil Price Trend:
It is used in skin care items and conventional oil lamps. Olive oil is also extensively employed in food and beverages, cosmetics and toiletries, and medications for medical use.
Because it is healthy, rich in monosaturated fats, and contains various antioxidants, it is widely used as a cooking oil. Other than that, it is also employed in the preparation of healthy salads.
Additionally, it is employed in medications, cosmetics, skincare, and personal care products.
Key Market Players:
- Sovena Group
- Mosselman S.A
- Cargill, Incorporated
- Archer Daniels Midland Company (Oilio®)
News and Events:
- February 2022: Curation Foods, Inc produced and distributed a batch of Olio Novo Extra Virgin Olive Oil, under the name of O Olive Oil & Vinegars. It is generally a seasonal oil that has a very potent and fresh flavour.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
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