Categories: Business

Faqua condemns the fact that the price of a liter of olive oil continues to rise despite its decline at the source

A liter of extra virgin is paid on delivery at €6.88 before taxes, down from €8.09 at the beginning of January.

Consumer organization Faqua reported that price per liter of olive oil In supermarkets it continues to rise after twelve weeks of falling at the point of origin, averaging €13.45, up 4.1% on January, while at the point of collection people pay €1.21 less than it cost this month.

On Tuesday, the association clarified in a statement that from April 8 to April 14, the last week in which the Ministry of Agriculture, Fisheries and Food provided data, a liter of extra virgin wine was paid at source at a price of 6.88 euros before taxes, in while in the first week of January it was 8.09 euros/liter.

This negative trends By origin, it is also found in extra virgin olive oil, since in January the farmer was paid 7.35 euros per liter, and in the second week of April the price was 6.21 euros/liter (1.14 euros less).

In April average bottle price A liter of extra virgin olive oil in supermarkets cost 13.45 euros, the calculation taking into account about thirty prices recorded in the first week of this month, for sale in Mercadona, Dia, Hipercore, Alcampo, Eroski and Carrefour. .

The average price per liter of extra virgin olive oil at the beginning of January was 12.92 euros, which is 0.53 euros less than in April, so this year this type of packaging recorded a price increase of 4.1%.

Among the 30 oils collected in this study, the most expensive product is a liter of the Carbonell Arbequina and Hojiblanca extra Virgin brands at Hipercor, where it costs €15.99.

This price increase This is reflected in Extra Virgin in five-litre bottles, which averaged €56.50 at the start of January, up from €59.37 in April, with an average growth of 5.1% for the format in the first quarter of 2024. (another 2.87 euros per bottle).

In this study, a dozen premium 5-liter bottles sold in Hipercor, Alcampo, Eroski and Carrefour were taken into account. The most expensive brand among those analyzed is Maestros de Hojiblanca, which is sold at Hipercor for 65.89 euros.

He olive oil leads in annual growth food products with an average increase of 69.1%. The product that became the most expensive since April 2023 was a liter of premium Koipe in Eroski, where it sold from €5.75 to €15.89 (up 176%).

The association insists that it is still “waiting” for the Ministry of Social Rights, Consumption and the 2030 Agenda to move forward with the investigation launched last February into increasing margins on food products with reduced VAT, a practice banned since January 2023, this tax cut occurred. by virtue of.

He also recalled that Consumption sent a request to the main supermarket chains asking them to prove the reasons for this increase, without specifying whether they received any response.

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