October was the month when the olive oil harvest began, so we can already advance some figures.<\/p>\n
Once again, Spain will be the market leader with a total harvest volume of 1.372.500 Tonnes, which could be around 3% less than last harvest, but it would allow to maintain price stability this year.<\/p>\n
The reason for this eventual fall is because of the dry and high temperatures during the summer time and September, instead of there was a great flowering when the last harvest ended. That results in a slight decrease in the great expectations we had during spring.<\/p>\n
Italy will reach this year 300.000 Tonnes aprox, which means only 21,86 % of the total Spanish harvest.<\/p>\n
Italy will be the main destination of the exports of olive oil from Spain. The Italian harvest covers only 30% of its national consumption and exports, that is why they need to import in bulk, mostly from our country.<\/p>\n
Xylella fastidiosa remains a serious problem in Puglia, the largest producing Italian region.<\/p>\n
Greece will become this year in the 3rd position in the European Union with a total volume of 240.000 Tonnes, which means less than 17,5% of the Spanish volume.
Portugal, our neighboring country, will reach this year around 130.000 Tonnes, a 20% shorter of the last harvest and around a 9,47% of the Spanish harvest only.<\/p>\n
Outside of the European Union, Tunisia will reach 400.000, Turkey 310.000 Tonnes and Morocco 200.000 Tonnes.<\/p>\n
Anyway, the climate in the autumn & winter will play a determining factor to confirm or change this forecast. Our colleagues of the Export department will keep you informed!<\/p>\n","protected":false},"excerpt":{"rendered":"
October was the month when the olive oil harvest began, so we can already advance some figures. Once again, Spain will be the market leader with a total harvest volume of 1.372.500 Tonnes, which could be around 3% less than last harvest, but it would allow to maintain price stability this year. The reason for […]<\/p>\n","protected":false},"author":6,"featured_media":2259,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-2261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\n