The Greek Olive Oil Sector Is Affected by Field Labor Shortage
Olive
Greece
Market & Price Trends
Theodoros Damvakaris
Published Dec 16, 2022
Increased labour demand for the harvest of olive trees in Greece's olive-growing regions has put additional pressure on farmers due to the rising labour costs and labour scarcity. The labour wage is rising by 5% weekly, workers abandon assigned sites for more rewarding ones, and farmers compete to hire the most qualified workers by offering the best payment terms. Tensions are rising as a result of the labour shortage and the necessity of harvesting in stormy weather conditions. Therefore, producers seem to fail to meet deadlines, and the only certain thing is that keeping pricing commitments is a huge challenge.
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