Egypt aims for significant increase in olive oil exports

Published 2024년 10월 1일

Tridge summary

Egypt is focusing on enhancing its table olive and olive oil production for export, despite challenges like political instability and economic issues. As the world's third-largest table olive exporter, Egypt produced 40,000 tons of olive oil in 2023/24, primarily for domestic use. Efforts are underway to boost exports through quality and sustainable practices, with a significant push to expand olive cultivation using high-density groves. The country produced 600,000 tons of table olives in 2023/24 and has planted millions of olive trees since 2015. The government is reducing bureaucracy to attract foreign investments and is encouraging the export of packaged olive oil products to compete globally.

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Original content

Officials in Egypt have highlighted the role of table olive and olive oil production as strategic sectors with promising export potential, but the country faces significant challenges. According to International Olive Council data, Egypt was anticipated to export 1,000 metric tons of olive oil and 100,000 tons of table olives in the 2023/24 crop year, which concludes at the end of September. Egypt is the world’s third-largest table olive exporter after Spain and Turkey. Maysa Hamsa, the Egyptian Chamber of Commerce’s executive director, called on a meeting of producers, government officials, regulators and researchers to develop a plan to increase olive oil exports. Reda Abdel Jalil, the chamber’s director general of technical affairs, noted that Egypt’s steady olive oil production levels, which have fallen below 40,000 tons only once in the past six crop years, coinciding with poor harvests in the past two years in other parts of the Mediterranean created an opening for ...

Source: Olive Oil Times