Table olives, increasing demand, and Italy resorts to imports

Published 2024년 11월 20일

Tridge summary

The global production and consumption of table olives are on the rise, with Italy being a major player, producing around 77 thousand tons per year and exporting nearly half of it. However, the country's domestic production does not meet the demand, leading to the need for imports. The world's production is approximately 3 million tons, with the European Union contributing 829 thousand tons. The United States, Saudi Arabia, Brazil, and Canada are the largest buyers. The table olive sector faces challenges but sees potential for growth, especially in market expansion. The president of Assom, Angelo Moreschini, has suggested collaboration with EU partners and advocating for the sector in Brussels.

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

Original content

Maybe it’s because of the olive in the Martini or because they are increasingly the protagonists of aperitifs, but the production and consumption of table olives in the world are growing. Italy produces around 77 thousand tons per year and almost half (36 thousand) exports them. But, as is also the case for extra virgin olive oil, national production is not enough to cover consumption. Purchase volumes in Italy amount to around 149 thousand tons. So we have to resort to imports. World production, on the other hand, is around 3 million tons, 829 thousand within the European Union. Numbers illustrated in Castel Madama (Rome) as part of a meeting dedicated specifically to the table olive sector entitled “Towards a European federation to strengthen the sector”, a meeting organized by Assom (which brings together Italian producers of table olives). The association was founded in 2016 and has been a member of Assitol (the association of Italian olive oil industries) since 2023. "Ours is ...

Source: Il sole 24 ore