Spain is experiencing a significant decrease in the production of olive pomace oil due to drought during the 22-23 campaign, with an estimated drop of 32% to 90,000 tons. As the world's leader in this category, the country's overall olive oil production is projected to reach 680,000 tons, with an additional 200,000 tons imported and 454,500 tons from stocks. The production process includes extracting olive pomace oil from the alpeorujo, a byproduct of olive oil pressings. In the previous campaign, the olive pomace oil sector saw a turnover of 351 million euros and created 18,000 jobs, with 85% of its production being exported mainly to Italy, the United States, and Portugal.