10-year production forecasts of table olives from the EU

Published 2024년 12월 12일

Tridge summary

The European Union's table olive sector is expected to face challenges such as climatic conditions and drought, leading to low production in the coming years. The Commission predicts a decrease in production in Italy and Greece, but an increase in Spain and Portugal. To ensure economic profitability, investments for modernization and water management are necessary. The article also anticipates a growth in EU table olive exports, particularly to Spain and Portugal, but increases in energy costs and potential tariffs on exports from third countries like the USA could pose challenges.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Table olive producers in the EU will face serious problems in the coming years due to climatic conditions and drought. The olive industry faced two successive campaigns with low production in 2022/23 and 2023/24, which particularly affected Iberian olive growers, the Commission points out. Table olive production in the EU is expected to face similar challenges for the next decade, it says in its long-term forecast for the crop. There is a need to make investments to modernize the olive groves and transform the production systems, with the aim of ensuring the economic profitability of the sector in the coming decades. In addition, proper water management supported by a well-designed water policy at Member State level must be done, which will bring increased returns. The Commission mentions Portugal as a good example of irrigation policy in olive groves. According to the Commission's forecasts, for the next decade an annual increase in the production of table olives of 0.4% and 1.1% ...
Source: Agrotypos

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