Olive oil is a hit like never before in Switzerland

Published 2021년 8월 16일

Tridge summary

Switzerland has seen a significant increase in olive oil imports over the past two decades, with the quantity doubling to 19,090 tonnes in 2020. The majority of the imports come from Italy, followed by Spain and Greece. Despite the rising imports, the prices have remained stable. In 2020, olive oil was the most valued product at the country's borders. However, sunflower oil was the most volumetrically imported vegetal oil in the same year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Imports of olive oil into Switzerland are on the rise: over the last twenty years, the quantity has more than doubled, from 7,847 to 19,090 tonnes. Half of the quantity sent to Switzerland comes from Italy (photo Pixabay). Switzerland imported 19,090 tonnes of olive oil last year, up a quarter from a year ago, writes the Federal Customs Administration. In value terms, imports for the first time crossed the 100 million franc mark to reach 101.5 million. Olive oil takes center stage because of its high price. In the long term, demand for this oil has taken off: in twenty years, deliveries have multiplied by 2.5. Italy is the main supplier of olive oil, with half of the supply coming from the southern neighbor. Spain is doing well with a one-third share. Comparatively, the prices were low for the latter (3.60 francs / kg). With a share of a tenth, Greece completes the podium. The average price of Greek and Italian oil reached 6.10 and 6.30 francs per kilo respectively. Stable prices ...
Source: Agrihebdo

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