USDA estimates a 22% increase in global olive oil production

Olimerca.- 2.92 billion tons of olive oil. This is what the main producing countries in the world can produce during the 2024/25 campaign according to the forecasts of the United States Department of Agriculture (USDA), which does not register changes with respect to its previous estimate, made last May. This figure represents an increase of 22.2% compared to the 2.39 billion tons of the current campaign. By geographical areas, according to Agro Popular, the European Union, with 70% of the world's olive groves, is expected to reach 1.825 billion tons of olive oil, compared to the 1.515 billion tons of the previous campaign. Outside the European Union, the USDA estimates that countries such as Turkey will produce around 350,000 tons of olive oil, the United States around 10,000 tons, China 8,000 tons and the rest of the producing countries will add up to 727,000 tons. Vegetable oilsRegarding vegetable oils, the USDA forecasts a production of 227.10 million tons, which represents an ...