Italian oil stocks are reduced by 18.7% in May

Published 2023년 6월 21일

Tridge summary

A report by the ICQRF reveals that as of May 31, 2023, Italy's olive oil stocks stood at 255,181 tons, with 73.0% being extra virgin olive oil (EVOO). Italian EVOO makes up 48.9% of the total, while Community origin EVOO accounts for 41.4%. The southern regions, particularly Apulia and Calabria, are the main storage areas. However, stocks have decreased by 18.7% from the previous year, largely due to a drop in EVOO and olive pomace oil. Organic farming has seen a 24.9% decrease in organic EVOO stocks. The report also notes a shift towards lampante and refined olive oils.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the data provided by the report prepared by the ICQRF (Ispettorato centrale della tutela della qualità e della repressione frodi dei prodotti agroalimentari) dependent on the Ministero dell'agricoltura, della sovranità alimentare e delle foreste, based on the data recorded in the computerized records of olive oil (RTO), the stocks of olive oil in Italy as of May 31, 2023 are 255,181 tons. Extra virgin olive oil (EVOO) represents 73.0% of stocks. By categories, EVOO of Italian origin (91,143 tons) represent 48.9%, followed by those of Community origin, 41.4%. Virgin olive oil represents only 1.8% of stocks. production areas 46.8% of the national olive oil is stored in the southern regions of Italy, with the important contribution of the Apulia and Calabria regions (30.6% and 8.3%, respectively). At the provincial level, 17.7% of olive oil is stored in the province of Bari, and 10.7% in Perugia. At the regional level, the first 4 regions (Apulia, Tuscany, Umbria and ...

Source: Oleorevista