Spain Temporarily Withdraws 12% of Its Olive Oil Production from the Market
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Spain is temporarily withdrawing 12% of the olive oil produced in the 2026/2027 campaign from the market. This amounts to around 188,000 tonnes, which must be stored until September 30, 2027.
AI MODIFIEDTVS News AI, editorially supervised, presents Spain Temporarily Withdraws 12% of Its Olive Oil Production from the Market.
Spain is responding to an expected olive oil oversupply: The country must temporarily withdraw 12% of the amount produced during the 2026/2027 campaign from the market. The Ministry of Agriculture, Fisheries and Food published the relevant regulation on Friday, November 6, 2026, in the state gazette BOE.
At the affected oil mills, around 188,000 tonnes are to be placed into storage. For producers and trading companies, this initially means less goods available on the market.
Why Spain Is Requiring Oil Mills to Store the Olive Oil
The affected oil mills must store the withdrawn quantity of olive oil in their own or third-party warehouses. The required storage period ends on September 30, 2027; the regulation entered into force on the day it was published.
According to the ministry, the withdrawal is intended to regulate supply because an oversupply is expected for the campaign. According to El Mundo, the mandatory storage is also intended to prevent market distortions and ensure stability.
The measure therefore affects not only oil mills: Consumers, traders and buyers in Spain must expect a smaller amount to be immediately available, while the frozen stocks remain in storage for the time being.
As of: 06.11.2026, further information to follow.
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