8 eur per liter? I havent lived in spain for 2years already but it's crazy that that is the price when Spaij the biggest producer of olive oil in the world, even in Austria now I can get oil for 6€ a liter, and no oil is produced here
Spain is the biggest producer of olive oil in the world. And we use it quite a lot (note: of you haven't tasted it, try bread with some olive oil and tomato).
Heavily consumed in Portugal too. Already bunch of news around about how expensive oil is going to be. Totally the new normal. It's not surprising crops going crazy with weird weather, both too much and sudden rain coupled with crazy drought. Last year we already got similar situation.
Honestly, even at Spain you would think they would find something lighter and more concealable. It's like in the US when people were stealing multi-gallon bottles of detergent. If the store owner does decide you're worth going after what are you going to run with that? Price per volume chocolate bars would make more sense. Hell, steak would make more sense.
Detergent was targeted because it has appealing qualities to it and stores weren't putting that much energy in stopping it.
Detergent doesn't spoil or melt like steak or chocolate.
In some markets, it is relatively easy to flip. It was also being used as a way to launder money, since you could ship stolen detergent into Mexico to be sold in Mexico. No one was really tracking detergent shipments into Mexico.
"We are seeing a major surge in shoplifting," said Ruben Navarro, the CEO of Tu Super supermarket chain, which operates 30 stores in Spain's Andalucia region.
Since September, Tu Super has been chaining large 5-litre bottles of olive oil together and padlocking them to shelves to prevent theft.
STC, a Spanish company providing anti-theft solutions to retailers, saw a 12-fold increase in orders this summer from supermarkets for devices to protect olive oil bottles, managing partner Salvador Canones told Reuters.
While thefts of olives and oil have increased especially, the measures by supermarkets also reflect a broader shoplifting surge.
Spain's top business organisation, CEOE, said there was a 30% increase in repeated thefts targeting retailers in 2022, and a further 12% so far in 2023.
Navarro said thieves are taking advantage of lower numbers of staff in stores and shoplifters' often abusive behaviour towards workers is exacerbating the labour shortage.
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As price of olive oil soars, chainsaw-wielding thieves target Mediterranean's century-old trees
Most of the thefts are branches. When an entire tree is cut down, the thieves typically cut it up and load the pieces into a pickup truck, selling the wood to lumber yards or firewood vendors and taking the olives to an oil mill.
“The (robbers) look for heavily loaded branches and they cut them,” said Neilos Papachristou, who runs an olive mill and nearby grove in a fourth-generation family business. “So, not only do they steal our olives, but they cause the tree serious harm. It takes 4-5 years for it to return to normal.”
Lots of sunflower oil used to come from Ukraine, until it didn't. The cooking oil disruptions in Europe are close to those we had with loo paper during COVID.