Olive Oil Prices: Week 37 of 2026

This bulletin brings together current prices from four open sources: trades registered at Turkish commodity exchanges (TOBB), retail prices on Turkish supermarket shelves, weekly producer prices in Europe (European Commission) and exchange rates (European Central Bank). The figures below are those available when the bulletin was prepared.

Turkey: registered exchange prices

⚠ These are not daily quotations but prices registered on the day that product actually traded; dates differ because the olive is seasonal.

Turkey: supermarket shelf

Prices are stripped of package size and shown per unit: oils by the litre, table olives and paste by the kilogram. Surveyed on 30.08.2026. The exchange price is what the producer receives; this is what the shopper pays, and the gap covers milling, bottling, distribution and retail margin.

Europe: weekly producer prices (extra virgin)

Exchange rates (04.09.2026)

• 1 EUR = 56,2995 TRY
• 1 EUR = 1,1622 USD
• 1 USD = 48,4422 TRY (cross rate)

What stands out this week

Edremit recovered; the other exchanges were still. Extra virgin rose in Edremit from ₺254.33/kg to ₺268.47/kg (+5.6%, trade of 3 September). The Aydın (₺307.60) and Nazilli (₺201.09) rows have not changed since mid-August — no new trade was registered there. In the weeks before harvest, much of the table looking "frozen" is normal.

Table olives rose on the shelf; oil was flat. The supermarket average for green table olives went from ₺313.02/kg to ₺342.40/kg (+9.4%) and for black olives from ₺320.37 to ₺338.85 (+5.8%). Extra virgin oil, by contrast, barely moved, from ₺454.62/L to ₺453.85/L (−0.2%), while Riviera edged from ₺339.13 to ₺343.08 (+1.2%). The increase is in table olives, not oil.

European prices eased in all four countries. Spain from €3.50 to €3.46/kg, Italy from €4.88 to €4.85, Portugal steady at €3.45, Croatia from €10.77 to €10.71. In the same week the lira weakened against the euro (₺55.95 to ₺56.30), so the fall in euro prices did not pass through in full: the lira equivalent of the Spanish figure slipped only 0.5%, from ₺195.8 to ₺194.8/kg.

The cheapest shelf prices held once more: ₺249.00/L for extra virgin, ₺199.00/L for Riviera. Averages move, but a stable floor suggests the discounted lines are not repricing.

A note on comparison

The Turkish and European figures are not directly comparable: the European data is a weekly average producer price, the Turkish data the price of individual registered trades. Anyone comparing them must also account for the exchange rate and the difference in dates.

For current tables see the market page.