Olive oil is one of the most emblematic products of the Mediterranean diet. However, in recent months, its price has risen considerably. According to the Organization of Consumers and Users (OCU), the average price of extra virgin olive oil is 9.42 euros, an increase of 15.4% in the last month.
The main cause of this price rise is the decrease in olive oil production. In the last three years, olive oil production in Spain has fallen by 30% and 60%, depending on the location, due to drought, heat waves and climate change.
This decrease in production has caused a lower supply of olive oil on the market, which has led to an increase in prices, especially this summer.
At El Comprador we want to help you, and we have searched the internet to find the best offers on olive oil, and we also show you 3 types of alternative oil that are a magnificent option, both nutritionally and for the price.
High oleic sunflower oil is a vegetable oil that contains a high percentage of oleic acid, a type of monounsaturated fat that is beneficial for health. This oil is a good alternative to olive oil, as it has a similar flavor and a lower price. In addition, it is a versatile oil that can be used for cooking, frying or dressing salads.
Olive pomace oil is a vegetable oil that is obtained from the remains of olives after the extraction of virgin olive oil. It is a source of healthy fats, such as oleic acid, and has a mild, neutral flavor. It is a versatile oil that can be used for cooking, frying or dressing salads.
Soybean oil is a vegetable oil obtained from soybeans. It is a source of healthy fats, such as linoleic acid, and has a mild, neutral flavor. It is a versatile oil that can be used for cooking, frying or dressing salads.
*Prices updated as of September 7, 2023
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