World’s largest olive oil firm Deoleo says market volatility has eased

Deoleo, the world's largest olive oil company based in Spain, has stated that the unprecedented volatility that has rocked the olive oil market has now clearly given way to more stable conditions. The company attributes this stabilization in part to an unlikely catalyst that has boosted U.S. sales.

The olive oil sector has experienced significant price swings in recent years due to drought in key producing regions and supply chain disruptions. However, Deoleo now sees a calming environment emerging, with the U.S. market showing particular resilience.