In September 2026 Italian extra virgin olive oil costs on average €4.82 per kilo at origin, about €4.40 per litre in bulk at the mill gate: half of a year ago, when it stood at €9.47/kg. In an Italian supermarket a one-litre bottle labelled "100 % italiano" runs from €9.90 to €15, an EU-blend oil from €4.60 to €9. Below are the week-by-week data, the gap between Italian regions, the comparison with Spain and Greece and what it changes for anyone buying a bottle.
Updated 25 September 2026. Sources: the European Commission's olive oil dashboard (weekly prices to 14 September 2026), ISMEA's mid-September surveys, and retail prices we checked online the same day.
What oil costs at origin in September 2026
In short: Italy is at €482/100 kg, Spain at 351, Greece at 358. All three fell hard in a year, and Italian oil is still the dearest.
Every week the European Commission publishes producer prices for extra virgin olive oil (acidity up to 0.8 %) recorded on the main markets of the producing countries. These are bulk, ex-mill wholesale prices: no bottle, no transport, no VAT.
| National average, extra virgin | September 2025 | September 2026 | Change |
|---|---|---|---|
| Italy | €947/100 kg | €482/100 kg | −49 % |
| Spain | €424/100 kg | €351/100 kg | −17 % |
| Greece | €425/100 kg | €358/100 kg | −16 % |
For the second week of September 2026 ISMEA adds Tunisia at €3.63/kg and puts imported extra virgin sold wholesale in Italy at €3.74/kg. That is the starting price of most supermarket own-label oil, which under EU rules must say "EU" or "non-EU" on the label when it is not Italian. Italian oil is now worth 37 % more than Spanish; a year ago it was 123 % more. The gap has narrowed, not closed.
How we got here: 2022 to 2026
In short: from a low of €390/100 kg (September 2022) to a high of 990 (December 2024), then a year of decline. Spain gave way first, Italy a year later.
| Monthly average, €/100 kg | Italy | Spain | Greece |
|---|---|---|---|
| September 2023 | 881 | 841 | 781 |
| January 2024 | 938 | 901 | 881 |
| September 2024 | 901 | 738 | 682 |
| January 2025 | 941 | 437 | 469 |
| June 2025 | 964 | 364 | 365 |
| September 2025 | 956 | 424 | 425 |
| December 2025 | 744 | 448 | 459 |
| March 2026 | 698 | 438 | 437 |
| June 2026 | 613 | 401 | 390 |
| September 2026 | 500 | 351 | 358 |
The reason is simple. Two drought years had emptied Spain's tanks, and Spain is by far the world's largest producer. When the 2024/25 and 2025/26 seasons refilled them, Spanish prices fell from November 2024. Italy held on through 2025, helped by a modest harvest and by demand for oil declared Italian, until from October 2025 the gap with Spanish oil became untenable and the slide began here too. Meanwhile many households, with oil at €9/kg, had moved to smaller formats or other fats: lower prices are also about bringing them back.
There is no single Italian price
In short: in the same week Puglia is at €4.45–4.80/kg, Sicily at 6.70, Ragusa at 9.50, Chieti at 11.50. Where the oil comes from matters more than the season.
| Market (EU Commission, €/100 kg) | September 2025 | September 2026 |
|---|---|---|
| Bari | 952 | 455 |
| Foggia | 946 | 445 |
| Taranto | 960 | 460 |
| Cosenza | 950 | 405 |
| Catanzaro | 950 | 400 |
| Palermo | 990 | 670 |
| Trapani | 970 | 670 |
Puglia and Calabria make most of Italy's oil and set the base price. Sicily, Abruzzo and the small central regions fetch more because local oil is scarce and the people looking for it want exactly that. For some northern PDO oils ISMEA records over €20/kg.
Lazio appears in none of these tables. The Tuscia around Viterbo, where we are, is made of small mills that sell almost everything direct, to the growers who bring their olives and to the people who buy the oil: not enough product passes through wholesale markets to make a quotation. So our price is not set in Bari. It is set by the olives that come through the mill door and the work of turning them into oil.
What a bottle costs in the supermarket
In short: on 25 September 2026 a litre of branded "100 % italiano" extra virgin costs €9.90 to €15.33; an EU-blend extra virgin €4.59 to €9.25.
We checked the online prices of a large Italian chain on the day we wrote this page. One-litre format, price per litre, promotions excluded unless noted:
| Category | Price per litre | Examples |
|---|---|---|
| Extra virgin "100 % italiano", national brands | €9.90–15.33 | own label 9.90; Cirio Riserva 11.50; Filippo Berio 12.30; Carapelli Oro Verde 12.50; Monini GranFruttato 13.20; Costa d'Oro il Grezzo 14.00 |
| Extra virgin "100 % italiano" on promotion | €5.79 | Desantis 1 L, 51 % off until 28 September |
| Extra virgin EU blend or without Italian origin | €4.59–9.25 | Clemente Ulisse 4.59; own label 6.55; Cirio Classico 7.79; Monini Classico 8.79; Berio Classico 9.10 |
The numbers line up with the producer prices. A litre of bulk Italian oil is worth about €4.40 at the mill today (€4.82/kg at 0.916 kg per litre); add bottle, cap and label, bottling, transport, the shop's margin and 4 % VAT and you reach the €10–15 on the shelf. A litre of EU-blend oil starts at about €3.40 and ends up between €4.60 and €9. That is why a "100 % italiano" at €5.79 is a promotion, not a price: below €7–8 per litre, without a discount, the Italian oil alone does not fit.
The 2026/27 season has just begun
At the end of September quotations have been flat for weeks: the market is waiting for the new oil. At our mill the milling season started on 21 September 2026, as every year with the first-pick olives, which give the lowest yield of the year and the greenest oil. The price of the coming weeks will be set where the leftover stock of the old season meets the real yields of the new one. With origin prices halved, choosing an oil whose mill, cultivar and lot you know costs less, in proportion, than it did a year ago.
Our prices
We are a family mill, working since 1905 in Villa San Giovanni in Tuscia, and we sell almost everything direct. Prices include VAT and exclude shipping:
- Extra virgin olive oil, a blend of Caninese, Frantoio, Leccino and Moraiolo: €13.75 per litre in every format, from the 3-litre bag-in-box to the 5-litre tins. See the formats.
- Settembre, single-cultivar Caninese from the first pick: €20 to €26 per litre depending on format. See the product.
The olives come from Blera, Barbarano Romano, Vetralla and Villa San Giovanni in Tuscia, are milled within 24 hours of delivery and cold-extracted below 27 °C. Every bottle carries a lot code. The new 2026 oil is back in stock from mid-October. We ship across Europe, to the UK (no duty or VAT to pay on delivery) and to the United States (import duty and the courier's clearance fee are charged on delivery); see our shipping policy for details.
Frequently asked questions
How much does olive oil cost per litre in Italy in 2026?
In bulk at origin about €4.40 per litre (national average €4.82/kg in September 2026). In a supermarket a branded "100 % italiano" litre costs €9.90–15.33, an EU-blend oil €4.59–9.25. Direct from the mill, we sell the blend at €13.75 and the single-cultivar at €20 to €26 per litre.
Is olive oil cheap in Italy?
Cheaper than it was, not cheap. Producer prices halved between September 2025 and September 2026, but Italian oil still costs 37 % more than Spanish at origin, and a mill-bottled Italian extra virgin remains a €12–26 per litre product.
Why is Italian olive oil more expensive than Spanish?
Italy produces less than it consumes, its groves are small and fragmented with higher harvesting costs, and a large share is sold as declared Italian origin. In September 2026 the Italian average is €4.82/kg against €3.51/kg in Spain.
Will prices keep falling?
That depends on the 2026/27 season, which has only just begun. September quotations are stable and the market is waiting for yield data. With Spanish stocks rebuilt, a return to 2024–2025 levels looks unlikely.
Where do these figures come from?
Weekly producer prices: the European Commission's olive oil dashboard (DG AGRI). Regional and foreign prices: ISMEA Mercati, mid-September 2026. Retail prices: checked by us online on 25 September 2026. Litre conversion at a density of 0.916 kg/L.
