Recovered Production lead to Italian Olive Price Drops

Olive

Italy

Published Dec 24, 2021

The wholesale price of olives in Italy declined by -39.58% YoY. The price down to 1.47 USD per KG in W3 Dec 2021 from 2.43 USD per KG in the previous season. Replanting and restoring olive trees led to an 18% increase in the production of Italian olives in 2021. As a result, the price of Italian olive dropped in 2021 and leading to greater exports.

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