Olive oil producers in Europe predict that rising temperatures could lead to bad harvests this year as well. According to European Commission data, olive oil production in Europe is expected to decrease by up to 40 percent between 2022 and 2023 compared to the previous season. Olive production has decreased significantly in countries such as Spain, Greece, Portugal and Italy. This leads to an increase in olive oil prices and a decrease in consumption.
Olive oil producers in Europe predict that rising temperatures could lead to bad harvests this year as well. According to data released by the European Commission in July, olive oil production in Europe is expected to decrease by up to 40 percent between 2022 and 2023 compared to the previous season. It was determined that the production of Spain, which meets half of the world's olive oil needs, decreased by 56 percent this year. It was noted that high temperatures due to climate change in Andalusia, Spain's largest olive production region, adversely affected production. Olive production decreased by 47 percent in Greece, 39 percent in Portugal and 27 percent in Italy. Olive oil production around the world also fell by 26 percent. The negative impact of production was reflected in prices. Andrea Carrassi, President of the Italian Olive Oil Producers Association, stated that producers are concerned about the rising temperatures. Carrassi stated that the increased raw material and ...
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