Spain produces roughly half of the world’s olive oil.
Spain produces roughly half of the world’s olive oil.
  • Wildfires and extreme heat have damaged olive harvests in Europe, leading to shortages of olive oil.
  • To keep up with demand, olive oil is being imported from South America.
  • "Today it is almost physically impossible to buy olive oil. It is sold out."

In the past couple of years, extreme weather, wildfires and droughts have damaged olive tree harvests to the point where Europe is now almost out of local supplies of olive oil.