Italy: Tuscany olive harvest rebounds with better-than-expected results

Published 2023년 1월 3일

Tridge summary

Tuscan olive oil producers have seen a better harvest than expected with a higher yield and quality due to the rare presence of the olive fruit fly and favorable weather conditions. However, the industry faces challenges such as the energy crisis, rising prices of raw materials, and climate change. High-end olive oil producers may benefit from the new market reality as consumers are tempted to spend more on a higher class product. The price rise in high-end olive oil has been largely curtailed by the initiative of single producers. There is a cultural deficit among consumers regarding quality and regional certifications, which impacts the product's perceived value and price.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Tuscan olive oil producers are seeing a better harvest than expected, with their yield exceeding last season’s harvests and initial estimates for this season. In Tuscany, the new olive oil quality is also reported to be very high. This result is widely attributed to the rare presence of the olive fruit fly, whose reproduction had been curtailed by the prolonged higher-than-average temperatures. “The 2022/2023 campaign has begun under a positive and comforting note. We can foresee a final 15 to 20 percent increase in olive oil yield when compared to the last campaign,” Fabrizio Filippi, president of the Consortium for the protection of Tuscan PGI (Protected Geographical Indication) extra virgin olive oil, told Olive Oil Times. Coming after many months of drought, which has been plaguing the entirety of Italy since the winter of 2021, this year’s August rainfall in much of Tuscany has made the difference. Additionally, more precipitation than normal fell at the beginning of autumn ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.