Anyone noticing an olive oil shortage?

[canetoad]

I certainly have at all of our supermarkets in town. Even Aldi was without it for months and now has limited supplies at inflated prices - $12 for 1 litre, around $35 for 5 litre tin which from the article below is quite inexpensive. It seems like a global thing. What are your prices like?

Olive oil is getting harder to find and costing as much as 70 per cent more. Here’s why

If you’ve struggled to find a bottle of olive oil at the supermarkets lately or grimaced at the price tag, you’re not imagining it.
Australians looking to pick up their preferred brand of olive oil in recent weeks have periodically faced bare shelves at the shops as smaller harvests from Europe push down the volume of imported olive oil.

“It looks like probably the retailers are having difficulty getting normal supply levels,” said ASX-listed olive oil maker Cobram Estate co-chief executive Sam Beaton, who is eager to reassure consumers that bare shelves are not due to lack of supply on their end.
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Over the past year and a half, olive oil prices have risen from 22.7 per cent to as much as 70 per cent. Imported products have had the bigger increases: a one-litre bottle of Coles Australian extra virgin olive oil, which in December 2022 was $11, is now $13.50, while Coles’ extra virgin olive oil sourced from Spain has risen from $10 to $17.

https://www.theage.com.au/business/companies/olive-oil-is-getting-harder-to-find-and-costing-as-much-as-70-per-cent-more-here-s-why-20240419-p5fl8g.html
No paywall: https://archive.md/ycfV3