The official forecasts for this year's olive oil production in Italy

Olive Oil

Vegetables

Published Oct 25, 2023

Tridge summary

The first official forecasts for Italy's olive oil production for 2023/2024 have been released, predicting an increase of 20% compared to last year despite weather challenges. The increase in production is mainly attributed to higher yields in the south, particularly in Puglia and Calabria. However, there is expected to be a significant decrease in production in central and northern regions of Italy.

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Original content

The first official forecasts for this year's olive oil production in Italy have been announced. The estimates, announced by ISMEA (Agrifood Trade Information Institute), in collaboration with Italia Olivicola (Association of Italian Olive Producers) and Unaprol - Consorzio Olivicolo Italiano, speak of an increase in Italian olive oil production, for the period 2023/2024, despite weather problems, due to winter drought and spring rains, which created flowering and fruit set problems in many areas. The forecasts speak of a production of 290 thousand tons of olive oil, which is increased by 20% compared to last year but decreased compared to the average of the last 4 years. The increase in production is mainly due to the higher production in the south (+34% increase), thanks to the good yields expected in Puglia and Calabria, regions that represent respectively 50% and 13% of Italian olive oil production. In Sicily the production is estimated to be essentially the same compared to ...

Source: Agrotypos