Sales of olive pomace oil grow by 42% in Spain

Published 2022년 5월 31일

Tridge summary

In the first seven months of the 2021-2022 campaign, Spain has seen a significant surge in the sales of Olive Pomace Oil, with a 42.5% increase amounting to 10.89 million liters sold. This growth is in line with that of virgin olive oil, which also experienced an 11.6% rise in sales. The revival in the domestic market, which began in 2021, is primarily driven by the HORECA channel, with the commercial distribution to households also showing positive trends. The surge in sales is attributed to a reduction in the importation of sunflower oil from Ukraine.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Olive Pomace Oil maintains the positive evolution in the national market with an increase in sales of 42.5% in the first seven months of the 21/22 campaign. According to the Industrial Association of Edible Oil Refiners and Bottlers (ANIERAC), 10.89 million liters of Olive Pomace Oil have been sold in this period. It is one of the categories of oil that experiences the greatest growth in the accumulated of the campaign, together with virgin olive oil whose sales grew by 11.6%. In this way, in the month of April, 1.91 million liters of Olive Pomace Oil were placed on the market, which represents an annual accumulated during these first four months of 2022 of 6.43 million liters, 40 .6% more than in the same period as in 2021. The data points to a consolidation in the recovery of the domestic market that began in 2021 thanks mainly to the recovery of the HORECA channel. “So far this year, the hotel and restaurant sector continues to be the main driving force. We are also beginning ...

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