Global Olive Oil Production Dips to Four-Year Low

Published 2020년 12월 18일

Tridge summary

Global olive oil production is expected to reach its lowest level since 2016/17 at 3,179,000 tons, a decrease from the previous year's production of 3,207,000 tons, as reported by the International Olive Council. The decrease is attributed to several factors including drought, poor agronomic practices, and COVID-19 challenges. The largest decreases were in Tunisia (66%), Italy (30%), Algeria (29%), and Portugal (29%). However, the European Union's production grew by 16% largely due to a bumper harvest in Spain, the country's fourth-largest yield on record. Other notable increases in production were in Morocco and Croatia. Notable decreases were also seen in Palestine, Jordan, Israel, and Turkey.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Global olive oil production is predicted to reach 3,179,000 tons in the current crop year, the lowest total since 2016/17, according to preliminary data from the International Olive Council (IOC). Last year, the world produced 3,207,000 tons. The largest production decrease took place in Tunisia, which is expecting output to drop by 66 percent this year, with the yield falling to 120,000 tons. A combination of many producers entering an off-year, lack of rainfall at key moments in olive development and poor agronomic practices all contributed to the production drop. Italy experienced a steep decline, with production falling by 30-percent this year. Bad weather in the spring, many producers in the south of the country entering an off-year and rising rates of Xylella fastidiosa in Puglia led to the significant production decline. Read us often?Support Olive Oil Times with a paid subscription. Algeria and Portugal were also among the countries with the largest drops in production ...

Source: Olive Oil Times