News

Albania quadruples olive oil exports in 2023

Olive Oil
Albania
Published Jul 14, 2023

Tridge summary

Exports of olive oil from Albania have quadrupled from January to April this year compared to the same period in 2022, reaching over 1.25 thousand tons. This significant increase in exports is attributed to record olive yields in Albania and drought in the Mediterranean basin, which increased the competitiveness of Albanian olive oil on the market. Despite overproduction, the Ministry of Agriculture is working with experts and the private sector to continue the success of the national agricultural sector in oil production and exports.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Exports of olive oil from Albania from January to April this year quadrupled compared to the same period of 2022 – from 326 tons (January-April 2022) to more than 1.25 thousand tons. This was stated by the country’s Deputy Agriculture Minister Arian Jauplari. According to him, it was possible to achieve this increase due to the record olive yields in Albania in the 2022/23 season and the drought throughout the Mediterranean basin, which created conditions for increasing the competitiveness of Albanian olive oil on the market. “The Ministry, together with experts and the private sector, continues to cooperate to make the production and export of oil another success story of the national agricultural sector,” he said. It should be noted that the region is now experiencing an overproduction of the finished product, as domestic consumption has been quite stable in recent years and is estimated by some experts to be around 13,000 tons, although production is around double that. Drini ...
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