Olive oil demand and price driven up by Russia's war in Ukraine

September 7 2022 - 4:00am
VALUE: Global demand for olive oil has increased due to varying economic and political factors, leading to some price rises for Australian producers. Photo by Shutterstock.
VALUE: Global demand for olive oil has increased due to varying economic and political factors, leading to some price rises for Australian producers. Photo by Shutterstock.

DESPITE a smaller crop in 2022, Australian olive oil producers will be buoyed by continued strong pricing, underpinned by a global shortage of olive oil.

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