Olive news: Dry weather continues, limiting hopes for recovery of olive production in Greece

Published 2024년 11월 16일

Tridge summary

Spain and Turkey's olive oil production figures are being questioned due to weather conditions and potential import issues. Greece's production estimates are being revised down due to a prolonged drought, while Spain's producers question the reported 1.3-1.4 million ton production. In Turkey, claims of reaching 475,000 tons of olive oil production are skewed, with concerns over potential fraudulent activities and unrealistic figures, especially with the backdrop of past issues of Turkish armed groups selling olive oil from the Kurdish region as their own. Meanwhile, Turkey is also on track to set a new record in table olive production at 750,000 tons, solidifying its position as a global leader in the industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

■ Questions about the increased production of Spain and Turkey The optimistic predictions made by services and agencies and still reproduced by various publications about the coming production of olive oil in many countries, as in Greece, do not seem to be verified. In Greece, the numbers for increased production come and go, but the continued lack of rain with zero rainfall throughout October and mid-November, in several olive-growing regions such as Crete, Western Peloponnese, Lesbos, etc., reverses the optimistic scenarios. Thus, the estimates for a bountiful production in Greece should probably be revised down quite a bit, as the prolonged drought has created problems not only for the fruits but also for the trees themselves, many of which, if the long-awaited rains do not come, will present serious problems for reviving this year's and future olive oil production. In Spain, the rains that fell in the olive-growing areas of Andalusia, according to the data of the ...
Source: Haniotika

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