Officials in Uruguay expect another bumper harvest

Published Feb 15, 2023

Tridge summary

Uruguay's ministry of agriculture anticipates a larger olive harvest in 2023 than last year, due to improved flowering and fruit set in the groves, and the impact of better agronomic techniques and more olive groves reaching maturity. Despite this, the country still imports 60% of the olive oil consumed domestically. However, Uruguayan brands are increasingly capturing the higher-end market. The country also saw a rise in olive oil exports in 2022, with Brazil and Spain being the largest recipients. These exports and local sales have helped producers offset the impacts of inflation.

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Original content

Officials from the ministry of agriculture and some independent agronomists anticipate a bumper harvest for Uruguay in 2023. In a recent report, the ministry expected the 2023 harvest to exceed last year’s near-record yield. The ministry based its preliminary estimates on the state of flowering and fruit set in the groves. According to data from the International Olive Council, South America’s smallest olive oil-producing country yielded 2,000 tons in the 2021/22 crop year, slightly below the record-high 2,500 tons of the 2019/20 crop year. “The state of the olive groves in Uruguay has improved with the rainfall received,” said Sergio Gómez, the Uruguayan director of Onoser, who advises many of the country’s largest producers. Barring untimely frosts, which complicated previous harvests, the ministry expects Uruguayan olive oil production to continue its upward trend. The ministry cited two major factors for the rising Uruguayan olive oil production: better agronomic techniques, ...

Source: Olive Oil Times