A study foresees losses of 50 million euros for the olive oil sector if there is a collapse in the olive oil sector
Olive Oil Cake
Olive Oil
Spain
Published Sep 12, 2020
Tridge summary
A study carried out at the request of the pomace oil companies (ANEO) estimates that if there were a collapse in the olive oil sector - "both operational and financial" - the losses for the pomace sector could reach 50 million euros. The report «The alperujo processing sector.
Original content
Possibilities of a potential financial and operational collapse ", by Juan Vilar Consultores at the request of the Association, puts it this way, if 9 million tons of alpeorujo (by-product of the oil mills) are processed during the next season, plus the link of 1 million tons. The study analyzes the risk that “the growing expansion of the olive grove area and production” entails for the olive-pomace sector and the economic and social risk that there would be a “flow break” in their daily work. At present, there are 54 plants for processing alpeorujo, whose income comes mainly from the sale of oil, bone and olive pomace, which according to their data now have the "lowest prices in the history of the sector". that do not exceed production costs. The flow break is, according to the report, “the involuntary stop, general or partial, in the processing of alpeorujo due to the lack of capacity or the excess volume of product dislodged and experienced in previous links, such as the oil ...
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