US Olive-Oil Imports Double to a Record
In June 2025, US olive-oil imports roughly doubled year-on-year to a record monthly high as cheap, plentiful oil flooded back onto the market — the demand side of the recovery.
What happened
In June 2025, US olive-oil imports about doubled year-on-year to 66,049 tonnes — the highest in the historical series — as the post-spike price collapse and replenished supply drove buying. The same period saw monthly global production top 120,000 tonnes for the first time since the crisis years.
When oil gets cheap again, the world buys with both hands — and nowhere faster than the US, a huge market that grows little of its own. It’s the happy half of the cycle: affordable real extra virgin back on shelves. The unhappy half is what those same low prices were doing to the growers who made it.
Source, June 2025: International Olive Council.