Manolis Giannoulis
Increased production in 2024 expected to lower olive oil prices, producers say
Greek olive oil production is expected to be moderate to good this year, according to current forecasts for 2024, the president of the National Interprofessional Olive Oil Organization (EDOE), Manolis Giannoulis, told state-run Athens-Macedonian News Agency.
Production is anticipated to range between 250,000 and 280,000 tons.
Olive oil production rises, while prices gradually fall
Estimates about olive oil production in Greece are optimistic this year, although safer conclusions will be available in about a month's time.