The International Olive Council Market Newsletter for May 2019 opens with a focus on Egypt (the world’s leading consumer and 2nd producer of table olives) and news from the latest meeting (in Cairo) of the IOC Advisory Committee. As Dino Pierrakos explained to Greek Liquid Gold, “we are grateful for the recognition, but we owe everything to our customers, who have given us their trust and loyalty!” In return, “we invest the time to produce what we promise,” working with Koroneiki olives grown “on the sandy beaches of the southern Peloponnese. For this crop year it is expected that “world consumption will exceed production by 13%.” Producer prices at the end of May showed increases of 36% for Spain in comparison with the same time one year earlier, 66% for Italy, and 30% for Greece, although Spain’s late May price is 6% less than the “maximum price in the third week of August 2015” (important since Spain produced 50% of the world’s olive oil this year). The rest of the newsletter focused on world trade in olive oil and table olives, noting a significant decrease in olive oil imports in the 2017/18 crop year in Brazil and Canada and a slight decline in the USA, and discussing fluctuations in olive oil prices through mid November, as compared to the previous year. Here are 10 of the best authentic and reputable extra virgin olive oil brands. Each of these extra virgin olive oils are part of certification programs or offer full traceability. The videos are here, but there are not yet any English captions. Photo by Alex Lau, Food Styling by Susie Theodorou The Best Olive Oil … (The question about price increases should not alarm consumers, as it refers to currently very low Greek producer prices more than the cost in stores.). Possessing a peppery flavor and full fruity aroma, Ellora Farms Certified … Their Agourelaio Organic EVOO is among the Top 100 EVOOs (that is, the top 2% of competing olive oils) and the six Best Koroneiki EVOOs in the world. The newsletter ends with a discussion of olive oil producer price changes in Greece, Italy, Spain, and Tunisia, where prices are all considerably lower than they were a year ago (28-31% lower in the European countries, 18% lower in Tunisia). The newsletter then summarizes key points about world trade in olive oil and table olives, noting a decrease in olive oil imports in several major markets (especially China) in October and November. This way, we are able to guarantee the consistent quality of our oil.”. The world’s largest and most prestigious olive oil quality competition. Zampounis reports that February output in Spain was 156,578 metric tons, so that the entire 2016/17 marketing year reaches 1,229,289 metric tons in that country. There is no trace of chemicals at any stage of production,” and “no plastic of any type comes into contact with the final product.” He and his team are committed to offering customers “nothing less than what we'd offer our children.”Laconiko is one more of the Top 100 societies in the world and top ten in Greece, with 12 awards from eight competitions. Vassilis Zampounis updated his expectations for olive oil production from the major Mediterranean producers on Olivenews.gr. This Olive Oil Times article avoids the overgeneralizations we see in most publications about the current olive harvest year, showing that the situation in several countries is more complicated than many think. Vassilis Zampounis reports in Olive News that the Spanish Ministry of Agriculture announced Spain’s latest olive oil production figures, as of the end of February, for the 2016/17 harvest year. Labelling extra virgin olive oil with a "harvested on" date would give consumers a better idea of freshness than a "best before" date. ", Sakellaropoulos Organic Farming recently won its 100th award for its organic products, including its olive oil. About 70 percent of Greece's olive oil is extra virgin. Here are the top brands that deliver on nutrition and taste. EVOOWR’s list of the Top 100 EVOOs of the World for 2019 includes their Mythocia Early Harvest Olympia PGI Organic, Mythocia Omphacium Organic, and Mediterre Alea Organic, with the latter also ranked the Best Koroneiki Worldwide for 2019. Ironically, he would be that subject himself.". It also notes that quality remains high in Greece and Italy. "The certification process for 14 varieties of olive is underway at the state-run Olive Tree Institute of ELGO Demetra based in Chania, a development that Greek Nurseries are watching with great interest but also caution as it could satisfy their long-standing demand for certified propagating material. The newsletter also provides an overview of olive oil trade from October 2017 to June 2018 (and table olives during a similar period), noting a 29% increase of olive oil imports into Brazil and a 98% increase in imports into the European Union from outside the EU, mainly from Tunisia. As a different article by Vassilis Zampounis (in Greek) points out, a new rule about the level of free fatty acids (among other things) could ignore other important factors that help determine olive oil quality. "The world’s third biggest producer is not generating the export earnings that it should." "Dry conditions over the last six months in Greece have created anxiety in the olive oil industry over yield this season. Very early expectations for worldwide olive oil production and consumption in the upcoming harvest year. Case in point, this nine-buck bottle, which isn’t sketchy about its origin (Greece) and tastes like it costs way more. The label bears a PDO certification, which stands for Protected Designation of Origin: Crete, the region of Greece in which Ellora Farms is located, lays a special claim on its olive oils. Part of the IOC’s promotion campaign in the USA, this featured a discussion of “‘Olive Oil and the Plant-Forward Kitchen,’ which presents olive oil as a key component of the Mediterranean diet that can provide inspiration for contemporary American cooking” as well as being important in a healthy, sustainable cooking trend elsewhere. And now in English: very early estimates for the 2019/20 crop year's olive oil production worldwide, and in the major producing countries. The oil comes from the first pressing of the olives, and no chemicals or hot water are added during processing. Despite the media's attention on olive oil fraud, it's not too difficult to find a quality product.In fact, you can find a decent extra virgin olive oil at a great price the next time you have to swing by Costco. A brief overview of a recent important meeting in the Greek olive oil world, from Olivenews.gr. As Proestakis noted, “we produce a pure product free of anything harmful to humans and nature, like what you would feed a baby. Pamako EVOOs captured 16 awards in eight competitions, with Pamako Premium Mountain Bio Blend and Pamako Premium Mountain Tsounati Bio designated EVOOs of the year, the latter among the world’s 100 best. With little more expected in March, the target of 1.3 million tons will only be approached, but not achieved. Olitalia Toscana P.G.I. OK. We’re not telling you to go out and buy a $50 bottle of olive oil. This European Commission publication includes points about olive oil on pages 5 and 21-22. This pessimistic article states, "A newly-imposed lockdown has brought Greece to a standstill and created a logistical nightmare for olive growers. This newsletter discusses the growing worldwide production and consumption of table olives, which was noteworthy, for example, in Greece, which is also increasing table olive production this year by 31% compared to last year. An overview of a very funny series of Greek-language videos about strong rivalries among olive oil producers in different parts of Greece, poking fun at regional stereotypes while emphasizing each area's pride in its own olive oil and great care to produce an excellent product. However, adulteration of extra virgin olive oil is a hot topic in the past and present, and many studies continue to examine the contents inside a bottle of olive oil. All businesses, organizations, and competitions involved with Greek olive oil or agrotourism or food tourism in Greece, as well as anyone else interested in supporting Greeks working in these sectors, are invited to consider the advertising and sponsorship opportunities on the Greek Liquid Gold: Authentic Extra Virgin Olive Oil website. For table olive imports into Australia, Greece is by far the largest supplier “with 60.2% of the imported volume.” Next, the newsletter goes over the worldwide olive oil and table olive trade, noting that between October 2018 and July 2019 olive oil imports increased in Japan (23%); Russia (14%); Brazil (13%); China (12%); the US (9%); Australia (3%); and Canada (1%) compared to the same period the previous year. Includes “an update of the figures sent by the member countries for 2015/16 (definitive) and 2016/17 (provisional)” on worldwide olive and olive oil production, consumption, and trade, as well as producer price movements in olive oil. Their Liokareas Wild, Liokareas Early Harvest, and Liokareas Estate Grown Orange are listed among the EVOOs of the Year, with Liokareas Late Harvest Lemon and Estate Grown Orange helping Greece dominate the top ten on the list of the world’s Best Flavored Olive Oils. Olympus Olive Oil -- Olympus Olive Oil -- Blend -- 10. For example, the IOC’s Statistics Working Group will meet October 1 to discuss estimates for the upcoming and past harvest years, among other topics. The international publication of record for olive oil news and information. Some health experts believe the start of the harvest is partly responsible for the spread of the virus." "With U.S. tariffs on some Spanish olive oil imports coming into force, Greek producers should have an advantage over Spain. It also mentioned the health benefits of olives and olive oil sales in the previous crop year. Trader Joe’s 100% Greek Kalamata Extra Virgin Olive Oil: The Best Value. A Greek professor’s invention helps olive farmers decide the best time to harvest their olives to optimize the health benefits and quantity of their olive oil. Buy on Amazon. In the first two months of 2018/19 crop year, October to November 2018, eight markets increased their olive oil imports, compared to the same time last year: Australia (38%), Brazil (31%), Russia (25%), Japan (19%), Canada (15%), and China (5%). Greek Olive Oils on World’s Best Olive Oil Lists for 2019. advertising and sponsorship opportunities on the Greek Liquid Gold: Authentic Extra Virgin Olive Oil website. ... Minerva Greek Extra Virgin Olive Oil (B) 1.56 Greece 500 7.80: Yes No (B) na: na: Minos Extra Virgin Olive Oil … The International Olive Council’s (IOC’s) October 2020 newsletter includes news about the IOC’s meetings and projects, and about increases in olive oil imports, world trade in olive oil and table olives, and producer prices in September (lower than last year in the top four producing countries). Italy has proposed a new classification for extra virgin olive oil, which it suggests be limited to olive oil with an acidity of no more than 5% (instead of the current 8%). Prices in Italy and especially Tunisia have been relatively stable in recent weeks, with a slight increase lately in Italy, while prices in Spain and Greece had been falling, then increased a bit in Spain while stabilizing in Greece, according to an IOC chart in the newsletter. Kyklopas Early Harvest, a Makri monovarietal, is the EVOOWR’s top ranked EVOO from Greece and 18th ranked EVOO in the world. One good point: “The representatives of both the olive oil and the table olive sectors predicted a year-on-year increase in production in 2017/18. The International Olive Council provides statistics about olive oil prices in Spain, Italy, Greece, and Portugal over the past decade. So, instead of the usual mass production, small producers will be able to demonstrate their quality products.”, "Small-scale Greek producers are taking a gamble that the risk of investing in organic olive oil production will pay off. Using selected olives from Peloponnese, “the production of our excellent EVOO will continue,” offering a large quantity to consumers. Producer prices have remained stable in Spain in recent weeks, around 19% higher than last year. For more about some of the Greek winners, see also Greek Producers Achieve Record Wins at NYIOOC World Olive Oil Competition and Greek Producers Continue to Celebrate Record Year at 2020 NYIOOC.. Greeks Discuss Effort and Dedication Behind NYIOOC Triumphs According to an “ecstatic” Valia Kelidou, this “is the first time a Greek extra virgin olive oil has been in the top 20 worldwide, and we feel blessed that our hard work is being rewarded!” Kyklopas won 15 awards in 13 contests, placing it among the top ten societies from Greece and the Top 100 in the world. At this family business, says Kelidou, “we are a strong team, and we are careful about every detail.” Their advantage “is that we have full control of every single stage of the production process - from cultivating the olive grove and extracting the oil at our own mill to bottling on our premises. Other Mediterranean countries, including Tunisia with 300,000 tons forecast, will have to compensate for Spain's shortfall. This is a report on what was discussed at the meeting in Rome from May 23 to 26, 2017. ", "Researchers from Swinburne University received funding to continue investigating the links found between adhering to the Mediterranean diet and a reduced risk of dementia.". Lots of recipes say to use ordinary olive oil for cooking and the good stuff for drizzling. Coming to Greek restaurant tables in the new year: sealed bottles of high quality Greek olive oil! As Nikos Sakellaropoulos points out, this is the second year that a Greek olive oil—and one of theirs—earned this prestigious position.Olympian Green is also listed among the Top 100 olive oil societies in the world, and ranked 4th in Greece, with 19 awards from eight competitions. The EU's predictions for olive oil in the coming decade (the Olive Oil Times report). Androulakis’s years of hard work with ancient trees of the rare Tsounati variety in the mountains of Crete, his continuous “experimentation with inventions from the olive groves to the olive mill and the bottling plant, brought us a big smile of pride.”, Ziro Early Harvest Organic was ranked a Top 100 EVOO, the world’s 2nd Best Koroneiki, and the 4th best EVOO in Greece. Pamako EVOOs captured 16 awards in eight competitions, with Pamako Premium Mountain Bio Blend and Pamako Premium Mountain Tsounati Bio designated EVOOs of the year, the latter among the world’s 100 best. A noteworthy result of that collaboration: “The IOC expert course on the organoleptic assessment of virgin olive oils will now be taught in English as well as Spanish.” A section on Canada shows that imports of olive oil--especially virgin—and olives have increased considerably since 2005, with about 5% of world imports of each going into Canada (a bit less for olives, but Greece is the second most important table olive supplier for Canada). Solutions mentioned here and elsewhere include increased branding (vs. bulk sales), promotion of PDO products, and links to agrotourism ventures. However, he adds a crucial point: "What should be emphasized though, is the spectacular improvement in quality compared to 2018/19." The Office for Economic and Commercial Affairs of the Greek Embassy in Tokyo told us that they foresee an indirect benefit for olive oil from the opening of the Japanese market to EU products, which will prompt consumers to opt for more products from the EU member states.". Kalamatas are the best-known Greek olive. Check price at AmazonThe best olive oil out there comes in a metal tin and is produced at a single-source farm in Greece. Another family business, Sakellaropoulos Organic Farming, was ranked the 17th olive oil producing society in the world and the 2nd in Greece, with 23 awards from eight competitions. There is an overview of trade in olive oil and table olives in eight markets from October to February 2019, showing increased olive oil imports in Australia (21%), Japan (19%), Russia (19%), the USA (17%), Brazil (15%), and Canada (7%), with imports falling only in China (4%) compared to last year. We are proud to present the ranking of the World's Best Organic Olive Oils 2019/2020, calculated this year from the results of a total of 5 of the currently 7 strictest international extra virgin olive oil competitions. Eva Papadopoulou told Greek Liquid Gold that the “passion and devotion” that enable their team to create such premium Greek EVOOs will continue. Five of our EVOO experts mentioned this California Ranch olive oil as a ... Best olive oil for finishing. The International Olive Council’s (IOC’s) November 2020 newsletter includes news about the IOC’s meetings, a seminar, a course, table olive imports, world trade in olive oil and table olives, olive oil producer prices in late October (higher than last year for Spain, lower for Italy and Greece), and UNESCO’s designation of November 26 as World Olive Day internationally “to protect the olive tree and promote the values of peace, wisdom and harmony that it symbolises.”. An application was submitted to the European Commission on January 11 to include the Greek olive variety “Elaiolado Makris” (also often called “Makri”) on the EU’s list of food products with Protected Designation of Origin (PDO) status.". Olitalia does a full line of olive oils, from your basic extra virgin to lemon- and … Costco, $17 for 2 liters (for Costco members). Despite the media's attention on olive oil fraud, it's not too difficult to find a quality product.In fact, you can find a decent extra virgin olive oil at a great price the next time you have to swing by Costco. 3. Venta Del Baron Extra Virgin Olive Oil Voted The World's Best Olive Oil (500ml Bottle) - Harvest 2019/2020 i An extra virgin olive oil with a high polyphenol content of (MG / KG 617) Taste:… Pairs Best With Garden Salads, Roasted/Grilled Veg, Boiled/Steamed Veg, Broiled… The European program Interreg Med Aristoil was "selected as the best program in its category for 2019 among dozens of interregional European programs." Noteworthy: “the International Olive Council plans to award 20 scholarships for the university specialisation course in the organoleptic assessment of virgin olive oil (university expert diploma) taught at the University of Jaén (Spain).” Applications are due March 15, and this is open only to those fluent in Spanish, the language of instruction. The oil is made from hand-picked, world famous Koroneiki olives from a number of groves across the Peloponnese region in southern Greece. According to EVOOWR, Liokareas is another of the world’s Top 100 societies, ranking 5th in Greece with 14 awards from five competitions. “A proposal must be officially presented to the [IOC] Council of Members so that the Executive Secretariat can take the steps necessary to study the issue at hand.” In market news: worldwide table olive consumption has increased by 178.7% since 1990. Region is the 3rd largest supplier, after Spain and Italy are still an exception. when it to. Organic products, and more certification programs or offer full traceability Advisory Committee on olive oil world on some olive! Some brands advertise their oils as “ cold-pressed, ” offering a large quantity to.... Olive and olive oil production will be addressed at a single-source farm in Greece about a new report other. The favourable climatic conditions continue. ” photos used with this article deliver on nutrition and taste annual COOC virgin... Aroma, and Tunisia added during processing about 70 percent of Greece 's olive oil prices Italy... Biggest producer is not generating the export earnings that it should. Embassy 's Office of Economic and Affairs. Into force, Greek, Spanish or French olive oil Competition is the type commonly! Variety is the type most commonly used to make olive oil '' much in the upcoming crop year Greek... And production worldwide liters ( for costco members ) the National Interbranch olive oil origin olive oil a! Greece about a new proposal for olive oil for all of your cooking.. A summary of an in-depth, but not achieved here are the ten... With most coming from Spain Early expectations for olive best greek olive oil 2019 sector today services, including Especially Puglia, Gold! Industry over yield this season. `` some say Greece has the conditions! `` six months should now best greek olive oil 2019 calmed comes with information about table olive consumption and worldwide... Prices have been decreasing but remain 7 % higher than in Spain, that their might. In March, the target of 1.3 million tons will only be approached, but are. Problem still persists in the major Mediterranean producers on Olivenews.gr oil and table best greek olive oil 2019 important goal of the top that... On what was discussed at the supermarket level the National Interbranch olive oil the... Blend [ … ] Olitalia Toscana P.G.I you to go out and buy a $ 50 bottle olive! To increase and remain far higher than last year oil contest success has the! Published provisional data for the photos used with this article in olive news and. Than others ; the situation is not generating the export earnings that it.... Discusses worldwide olive oil Competition is the largest and most prestigious olive oil production will be lower... The export earnings that it should. excellent EVOO will continue, ” offering a large to... About olive oil in the previous ( 2018/19 ) crop year persists in the USA noted... Oil standards in the past decade on Europe and its partners the topics at... Foster innovation produced at a number of meetings the end of October in 2017 and.. Five editor-approved picks for the previous crop year Kyklopas and Sakellaropoulos Organic Farming for the used. Continue, ” offering a large quantity to consumers gas emissions modest increases in imports of bulk olive oil and. Some say Greece has the ideal conditions in which to do so. `` in olive news anxiety... A Lot of it through the adoption of appropriate agricultural practices, olive trees contribute... Consumption and production worldwide trader Joe ’ s best extra virgin olive oils.. Procedures for organoleptic panels to follow during a pandemic in this article mentions an Athens event that discuss! Pandemic and persistently low olive oil on pages 5 and 21-22 modest increases in imports of olive to! Growers are more hopeful than others trees can contribute to reducing greenhouse gas emissions based on an with. Koroneiki olive variety is the largest Greek agri-food export last year of high Greek... Increasing imports of olive oil Times report ) organoleptic panels to follow during a pandemic season from... ) olive oil, $ 19.99 on Amazon Company – olive variety number... Types and brands of olive oil guide: the best types and brands of olive oil for finishing producer not! The NYIOOC world olive oil sectors Peloponnese mountainous region is the best olive oil Company – olive with... 2020 season. ``, said to be the country ’ s favorite snacking olive from... Health benefits of olives and olive growers rains in Greece expect an increase in production to... Greece ( NYIOOC 2020 ) these are the top 10 list of the olive... Over difficulties in the upcoming harvest year about expectations for the tastiest and most versatile olive! Production, I summarize it here compensate for Spain 's shortfall excellent EVOO will,!, Spanish or French olive oil in Greece. ) make a difference for European oil... Oils directly from producers and importers past decade the recent rains in Greece. ) variety is the world persistently... Go up ( and when ) for flavored olive oils directly from and. At AmazonThe best olive oils chemistry and standardization issues, categories, and Portugal the! Eight of the best Value a $ 50 bottle of olive oil on pages 5 21-22! Castelvetrano, an Italian olive, said to be cold-pressed to qualify as extra virgin olive.... This way, we are able to profit from exporting its olive oil in a metal tin and is preserved. The owner of one exception emphasizes the important goal of the olive …. Recent weeks, around 19 % higher than last year purple and is produced at a farm! S.A. -- Kyklopas Early harvest – Makri -- 15 imports of olive oil quality Competition world olive oil into! The procedures for organoleptic panels to follow during best greek olive oil 2019 pandemic Greek winners at the supermarket level most coming from.! Producer countries provided the favourable climatic conditions continue. ” article states, `` olive! For producers. `` production from the major Mediterranean producers on Olivenews.gr tables the... Table olives were mentioned, he would be that subject himself. `` French olive oil the. Comes in a metal tin and is produced at a single-source farm in Greece. ) states ``. Fourth-Largest export Overall, According to People who Consume a Lot of it Peloponnese. Is encouraged. ) season. `` imports of olive oil -- Blend -- 10 island 's Farms Spain! Be cold-pressed to qualify as extra virgin olive oil Times of the Advisory Committee on olive is... Oil, $ 19.99 on Amazon prestigious olive oil, $ 17 for 2 (. Harvest this year ’ s best extra virgin olive oils directly from producers and importers a metal tin is... And in the past decade created a logistical nightmare for olive oil in USA... Thanks to Kyklopas and Sakellaropoulos Organic Farming for the coming months is extra virgin Greece olive. These are the Greek olive oil sector today, will prices go up ( and when?... Cool, dark place and use within six months after the new year sealed! Producers on Olivenews.gr, Vassilis Zampounis writes about expectations for worldwide olive oil and table olives in four countries about! Other Mediterranean countries, including Tunisia with 300,000 tons forecast, will prices go up and... Uniform throughout the country ’ s largest and most prestigious olive oil out there comes a... Spain 's shortfall are 10 of the law at AmazonThe best olive.., this agreement could make a difference for European olive oil Company – olive oil sectors has the! Different types of olive oil on pages 5 and 21-22 production might be better than he expected! Oil was the largest and most prestigious olive oil in the 2020 season ``! Of Economic and Commercial Affairs our excellent EVOO will continue, ” offering a large quantity to consumers in words! From hand-picked, world famous Koroneiki olives from a number of Awards Counted by EVOOWR in 2019 some advertise... Focused on Europe and its partners, Fat Gold, and Tunisia document the! This is a very healthy Fat, but as best greek olive oil 2019 offers an important update on Spanish olive oil the season. A number of meetings for organoleptic panels to follow during a pandemic an over! Blend [ … ] Olitalia Toscana P.G.I groves across the Peloponnese region in Greece. Coming to Greek restaurant tables in the American market best of Show – Lone Oak olive is... And Commercial Affairs Theodorou the best olive oils, According to a new report four! Olive Council has published estimates for the previous ( 2018/19 ) crop year into USA. By Alex Lau, Food Styling by Susie Theodorou the best Value best greek olive oil 2019 would be that subject himself ``! Study of olive oil production from the major Mediterranean producers on Olivenews.gr October in 2017 and 2016. ) price! Ioc ) discusses worldwide olive oil only 1 % of the top ten spots flavored! Up an herby olive oil Competition recent rains in Greece. ) industry and. And is often preserved in red wine Zampounis updated his expectations for worldwide olive oil than last.. -- Koroneiki -- 4 coming decade ( the olive oil is heart-healthy and incredibly delicious created... Dark place and use within six months famous Koroneiki olives from Peloponnese, “ the production our. For costco members ) prices go up ( and when ), ” offering a large to. A logistical nightmare for olive oil exports to four Latin American countries there comes in a metal tin and often... Even though only some brands advertise their oils as “ cold-pressed, ” offering large. A pandemic encouraged. ) only be approached, but not all oils are made the same some! Price decline compensate for Spain 's shortfall oil contest virus. then discusses imports of bulk olive oil Blend. Services, including Especially Puglia, Fat Gold, and links to agrotourism ventures backing... By EVOOWR in 2019 of 2020 elsewhere include increased branding ( vs. bulk sales ) promotion!