Olive Oil
Estimated value as of 2026 · Typical US retail bottle price derived from wholesale import prices of ~$6,150/ton and standard consumer packaging (500ml bottle ~0.7kg weighs ~$4.30 wholesale, retail markup to $5)
Olive oil is a common cooking oil extracted from olives, used as an ingredient in everyday recipes and categorized among pantry staples like spices.
Fun fact Olive oil prices peaked at over $9,000 per ton in 2024 due to droughts but have fallen 30-40% by 2026, creating a buyer's market.[1][8]
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