Olive oil prices will go up all at once starting in May, and supermarkets are already experiencing shortages. In Europe, due to the record drought of the year before, and the lack of rain last year, olive fruits from Spain and Italy have failed for two years in a row.
The price increases for household products are 32% to 66% for J-Oil Mills, 23% to 64% for Nisshin Oilio Group, and 950 yen or more per kilo for Showa Sangyo.