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Marmara olive price history: the Gemlik exchange, 2019–2022

Registered prices extracted from the Gemlik Commodity Exchange's monthly bulletins: black and green table olives, extra virgin oil and paste. Forty months of quantity-weighted averages.

This is a historical record, not a current price. The Gemlik Commodity Exchange stopped publishing its bulletins in June 2022, and no exchange in the Marmara region reports olive registrations to the national portal. For current figures see the exchanges page (Aegean and southeast) or the retail page.

Gemlik exchange — registered prices, 2019–2022

Siyah zeytin

8.99 ₺ 01.2019 27.88 ₺ 06.2022 3.1× increase
071421282019202020212022

Monthly average weighted by registered volume · peak 27.88 TL in 06.2022 · TL is nominal, not adjusted for inflation.

Yeşil zeytin

9.97 ₺ 01.2019 26.15 ₺ 06.2022 2.6× increase
081623312019202020212022

Monthly average weighted by registered volume · peak 31.02 TL in 05.2022 · TL is nominal, not adjusted for inflation.

Naturel sızma zeytinyağı

18.28 ₺ 01.2019 55.99 ₺ 06.2022 3.1× increase
0173552702019202020212022

Monthly average weighted by registered volume · peak 69.85 TL in 04.2022 · TL is nominal, not adjusted for inflation.

Sızma zeytinyağı

16.79 ₺ 01.2019 51.92 ₺ 06.2022 3.1× increase
0163147622019202020212022

Monthly average weighted by registered volume · peak 62.29 TL in 05.2022 · TL is nominal, not adjusted for inflation.

Zeytin ezmesi

3.39 ₺ 01.2019 16.70 ₺ 06.2022 4.9× increase
04813172019202020212022

Monthly average weighted by registered volume · peak 16.70 TL in 06.2022 · TL is nominal, not adjusted for inflation.

Yağlık zeytin

3.18 ₺ 01.2019 4.16 ₺ 06.2022 1.3× increase
0358102019202020212022

Monthly average weighted by registered volume · peak 10.42 TL in 03.2022 · TL is nominal, not adjusted for inflation.

Riviera zeytinyağı

16.51 ₺ 01.2019 59.34 ₺ 05.2022 3.6× increase
0153045592019202020212022

Monthly average weighted by registered volume · peak 59.34 TL in 05.2022 · TL is nominal, not adjusted for inflation.

Ezmelik zeytin

2.21 ₺ 01.2019 8.00 ₺ 06.2022 3.6× increase
0369112019202020212022

Monthly average weighted by registered volume · peak 11.46 TL in 02.2022 · TL is nominal, not adjusted for inflation.

Pirina yağı

0.03 ₺ 01.2019 0.03 ₺ 04.2022
000002019202020212022

Monthly average weighted by registered volume · peak 0.04 TL in 02.2019 · TL is nominal, not adjusted for inflation.

Why does this data matter?

Gemlik is the centre of Türkiye's best-known table olive variety, and more than 80% of Marmara's crop is processed as black table olives. Yet no Marmara exchange reports olive registrations to the national price portal, so the region is invisible in the country's official price picture. These forty months are the only structured record of what was actually registered there.

Source: Gemlik Commodity Exchange monthly bulletins (2019-01 – 2022-06), extracted from the published PDFs. Where a bulletin lists a product on several lines by sale type, the monthly figure is the average weighted by registered quantity.

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