Portugal increases the marketing of olive oil abroad by 51% in 2022
Olive Oil
Portugal
Published Mar 7, 2023
Original content
The 2022/2023 olive oil marketing campaign in Portugal from the end of February to the beginning of March classifies a good product in terms of quality, except in the areas of Mercado de Beira Litoral and Beira Interior, which have medium quality due to phytosanitary problems. (flies and hooks). In this campaign prices have been higher than those observed in the previous campaign, 58.2% for EVOO in bulk, and the average for the three-year period 2020-2022, especially in the case of extra virgin olive oil in bulk, with an increase of 81.9%. This campaign is characterized by a considerable drop in production, as a result of the combination of a low campaign year with adverse weather factors, particularly extreme drought and high temperatures, aggravated by attacks by olive and gaff flies, a consequence of the lack of treatments. The latest estimates from the Portuguese INE foresee a production of around 126,000 tons, which represents a decrease of 40% compared to the previous ...
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