In Albania, there were difficulties with the sale of olive oil

Published 2023년 1월 27일

Tridge summary

Albanian olive oil producers are warning of market chaos due to record production levels, as local demand and current export capacities cannot absorb the surge in production. With warehouses already full and the government addressing market conditions and the lack of a national production registry, the situation is further complicated by the direct sales of olive oil by farmers, leading to low prices that undersell products bottled and distributed through supermarkets. This informal market, while providing short-term financial benefits to farmers, hampers the sustainability and profitability of more structured operations, highlighting the need for stable supplies, certification, and traceability to ensure the sustainability of the olive oil industry.

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

Original content

Albanian olive oil producers have warned that record production could lead to market chaos. Exports are still very limited and local demand will not be enough to absorb production. Warehouses are also full. The IOC estimates that the country consumes approximately 13,000 tons of olive oil annually. The vast majority of olive oil produced in the country comes from small producers, with only 5 percent ending up on supermarket shelves, Albanian Daily News reports. The government is now addressing market conditions and the lack of a public registry to track national olive oil production. Local observers see a connection between low prices available to consumers and direct sales of olive oil by farmers. Such prices, they say, undermine opportunities for more structured operations, as taxes and production costs, such as energy and packaging, place a heavy burden on bottlers. After analysis, bottling and distribution through food ...

Source: Oilworld