Olive Oil Prices: Week 46 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 08.11.2026. 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 (06.11.2026)

• 1 EUR = 55,9957 TRY
• 1 EUR = 1,1165 USD
• 1 USD = 50,1529 TRY (cross rate)

What stands out this week

The Edremit extra virgin registration fell, and the gap with Spain narrowed. The latest registered price for extra virgin olive oil in Edremit went from 304.73 TL/kg on 26 October to 273.92 TL/kg on 6 November (−10.1%). The bulletin shows only the latest registration, and other trades may have taken place on days in between. Over the same period Spain's producer price slipped from 3.24 to 3.17 €/kg (▼ 2.3%) and Portugal's from 3.55 to 3.47 €/kg; the euro gained about 0.3% against the lira (55.80 → 56.00 TL). Spain's figure converts to roughly 177.5 TL/kg; last week the Edremit registration stood 68.5% above that reference, this week it is 54.3% above. Italy's price rose from 4.78 to 5.18 €/kg (▲ 8.4%), about 290.1 TL/kg in lira; the Edremit registration was 14.2% below it last week and is now 5.6% below. The narrowing comes mainly from the fall in Edremit's single registration. That row is the price of one trade, while the European figures are weekly averages.

Croatia's price dropped by a quarter in a week. Croatia's weekly producer price went from 12.04 to 9.02 €/kg (▼ 25.0%). A few trades moving the average in a small producing country could explain a swing of this size, but this data does not let us say why. The figure is still close to three times Spain's (3.17 €/kg), which may depend on which product is being registered.

New exchange trades were also lower for crude oil and olives for oil. In Nazilli extra virgin went from 200.46 on 8 October to 195.07 TL/kg on 2 November (−2.7%), and in Edremit crude olive oil went from 158.40 on 30 July to 150.00 TL/kg on 3 November (−5.3%); the two crude-oil registrations are more than three months apart, so that difference is not a move that happened "this week". In Edremit, olives for oil eased from 21.12 on 27 October to 20.41 TL/kg on 4 November (−3.4%).

The supermarket basket changed, so averages must be read with that in mind. For extra virgin olive oil the number of chains fell from 7 to 6 and the average dropped from 449.19 to 412.10 TL/L (−8.3%); the cheapest shelf price is again 249.00 TL/L, while the highest fell from 1,239.90 to 699.80 TL/L. Much of the decline may therefore come from an expensive product dropping out of the list. For olive paste the number of chains stayed at 4, but the highest price fell from 1,944.17 to 1,073.16 TL/kg and the average slipped from 628.00 to 481.76 TL/kg (−23.3%). Green table olives rose on average from 328.97 to 401.69 TL/kg (+22.1%); the cheapest price (140.00) was unchanged while the highest rose from 935.00 to 1,470.29 TL/kg. For black table olives the number of chains rose from 6 to 7, the cheapest price moved from 99.50 to 124.50 TL/kg, and the average fell from 398.01 to 356.15 TL/kg (−10.5%). The Riviera average rose from 330.34 to 346.43 TL/L (+4.9%) while the number of chains dropped from 6 to 5.

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.