European farmers' rights organisation warns of fraud risks in the olive oil sector

Published 2024년 11월 5일

Tridge summary

The President of COPA-COGECA's olive oil sector, Fernando do Rosário, has raised concerns about the future of Europe's leading product, olive oil, due to increasing prices and quality risks from fraud. Adverse weather conditions have led to a 40% decrease in European olive oil production in the 2022/2023 season. To combat these issues, COPA-COGECA suggests strengthening administrative and criminal sanctions for fraud, investing in consumer education, and revising EU marketing standards to ban olive oil mixtures in countries where their production is not permitted. They also emphasize the need for improved traceability and consumer protection, and highlight the competitive challenge from neighboring Mediterranean countries.

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Original content

“It is imperative to act quickly to preserve the integrity and quality of this iconic product, guaranteeing its future in an increasingly competitive global market”, are the words of Fernando do Rosário, president of the working group dedicated to the olive oil sector at COPA- COGECA, organization that represents the interests of European cooperatives and agricultural producers. The statement was made in light of the increase in olive oil prices that has been recorded at European level and which has generated alarm due to the risks of fraud in the market. The EU is the world's largest producer of olive oil, with around 65% of production. However, COPA-COGECA highlights that “due to adverse weather conditions, recent harvests have been poor”. In 2022/2023, olive oil production in Europe decreased by around 40% compared to previous years and, in this period, fell by 25% compared to the average of the last five years: this trend is reflected globally, with a decline in the production ...

Source: PTvidarural