Balearic olive oil output to fall, Spain up 23%

The Balearic Islands face a drop in olive oil production in the 2026/2027 season, while Spain expects 1.6 million tonnes nationwide — 23% more than last season. Agriculture minister Luis Planas presented the first estimates in Jaén, Spain, on 1 October 2026. The forecast does not say how much production in the Balearics, which include Mallorca, might fall.

Why Spain expects more olive oil

Mild temperatures and plentiful rain last spring helped olive trees flower and fruit develop, Planas said. Andalusia alone is expected to produce 1,261,200 tonnes. Catalonia and Aragón, like the Balearics, are forecast to produce less than last season.

The figures could still change. Weather in the coming weeks and the final yield from the olives will matter, particularly in groves without irrigation after high summer temperatures.

A decision on oil supplies in November

If there is too much olive oil on the market, Spain could temporarily take some off it to help steady prices. The Ministry of Agriculture plans to decide in the first half of November whether to use that measure. Planas said it has never been applied before.

Regional governments have until the end of October to revise their estimates. A final figure for oil left over from the previous season is due in mid-October.

Topics: Agriculture · Politics · Economy

Source: Europa Press / Mallorca.com