Spanish olive oil accounts for 52% of world demand, says Teresa Pérez
Olive Oil
Spain
Published Jun 6, 2023
Tridge summary
The Spanish Olive Oil Interprofessional does not give up its support for the sector, both in the opening of new markets and in the development of R+D+i, among other issues. In front of her is Teresa Pérez, who breaks down for us in this interview the current situation of the sector.
Original content
–What role does Spanish olive oil play in international markets compared to our competitors? More information Olive trees. Olives. Olive tree and EVOO, world heritage – A role of clear domain. As you know, Spain is the world leader in the production of olive oils in the world. In the last campaign, 2021-2022, we see that Spain produced 1.5 million tons of olive oil, which accounted for 66% of all production in the European Union and 44% of the world total. But that leadership also extends to the world trade in olive oils. In that campaign we sold a total of 1,674,800 tons. Of that amount, we exported just over a million tons and some 600,000 tons were sold in Spain. This means that our olive oils have captured 52.5% of world demand, estimated at 3,188,000 tons. Exports alone have generated revenue of more than 4,000 million euros in 2022. -Are promotional campaigns still necessary? -Of course. And if you rush me, I would tell you that right now they are more necessary than ever. ...
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