Tridge summary
Drought and high temperatures have severely impacted Algeria and Afghanistan's olive growing industries, leading to a significant reduction in olive production. The decrease in production, coupled with rising production costs in Mediterranean olive-producing areas, will result in an increase in the price of olive oil globally. Despite Afghanistan's potential as a major exporter of high-quality olive oil, the country faces challenges in its business environment and olive oil production, which have hindered large-scale exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to a recent report from Algeria's Algérie Eco website, drought and high temperatures have severely hit Algeria's olive growing industry. Olives are an important crop in Afghanistan, with a planting area of about 440,000 hectares. The drought and high temperature weather that lasted for several months in 2023 affected the country’s olive planting industry. In the central region of Afghanistan, which is rich in olives, irrigation facilities are insufficient, and many olive orchard trees withered and high temperatures It has also caused a large number of pests such as olive flies to breed, and unfavorable weather and insect pests have led to a large reduction in olive production. In normal years, the olive production in Afghanistan is between 120,000 and 130,000 tons, and the production in 2023 is expected to be less than half of the normal production. Due to the general reduction in production and rising production costs in olive-producing areas around the ...
Source: Foodmate
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