Lebanon's Olive Oil Price Hikes: What Factors Are at Play

Olive oil prices in Lebanon vary greatly depending on several factors such as production area, crop quality, production quantity, and costs of extraction and transport.

The price of olive oil is not solely dependent on its production area but also influenced by the quality of the harvest, acidity level in the oil, extraction method, and local market supply and demand.

Olive oil from South Lebanon and Iqlim al-Tuffah usually fetches the highest market prices, ranging from $150 to $250 per tin, depending on quality, variety, and production area.