Transportation strikes in Spain lead to decrease in olive oil exports

Published 2022년 4월 5일

Tridge summary

The ongoing road haulers' strike in Spain is causing significant disruption to the distribution of goods and is severely impacting olive oil exports, with a reported 80% reduction. This has led to increased prices for olive oil in Spain and supply chain issues in the edible oil market. The strike has also damaged the sector's reputation and may result in a loss of market share for Spanish olive oil. The Spanish government is being held responsible for not handling the conflict effectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The ongoing road haulers’ strike in Spain continues to cause alarm as the distribution of goods in the country is disrupted. Along with internal distribution, some officials are concerned that olive oil exports are being severely impacted too. “There has practically been a total cessation because we have suffered protests outside of the industries and factories, as well as in the entrance of the ports,” said Rafael Pico Lapuente, the executive director of the Spanish Association of Olive Oil Exporting, Industry and Commerce (Asoliva). “If there hasn’t been a complete reduction in exports, then at the very least there has been an 80 percent reduction,” he added. Lapuente warned that the considerable export reduction would have severe consequences on the sector since Spain exports three-fourths of the olive oil that it produces. “If you can’t export and 75 percent of the wealth comes from the exports, then we are heading down a bad path,” he said. The strike, which has caused the ...

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