AreaEuropean Union

Commodity GroupOilseeds, oils and meals

CommodityOlive oil

Date01/07/2020

Policy CategoryProduction

Policy InstrumentMarket regulation

DescriptionConsidered allowing olive oil producing Member States to regulate production and supply through measures that improve the operation of the market, in a bid to address economic hardships arising from excess supplies and protracted low prices recorded across the European olive oil market.

NotesEUROPEAN UNION – market regulation (olive oil): To address problems arising from excess supplies and persistently low prices in the European olive oil market, EU policy makers are considering to allow olive oil producing Member States to regulate production and supply through measures that improve the operation of the market without distorting competition. Reportedly, corresponding provisions could be included in a set of transitional regulations that will govern the bloc’s agricultural policies until a new Common Agricultural Policy is introduced in 2022.