![]() In contrast, southern and western Europe had faced one of the hottest summers on record, with heatwaves and arid weather, which had stunted the development of olive trees at critical moments, Olive Oil Times wrote. “Talking with olive growers and millers in several areas, the estimate for the current season is between 270,000 and 285,000 tonnes of olive oil, with an estimated 100,000 coming from Crete, which produced approximately 60,000 tonnes last year.” “The olive oil yield in Greece is considered abundant when it reaches 300,000 tonnes,” he added. is a Spanish company that has been engaged in the. “Only in a few areas, some higher temperatures might have impacted production by damaging the flowering.” (BME:OLE) sold 192.5 million liters of oil and received over 20,000 oil samples for quality check. “In August this year, instead, we had generally moderate temperatures,” he said. Greece had experienced similar problems with drought and wildfires in the 2021/22 crop year, Frantzolas added. ![]() “The drought that enveloped significant areas in Portugal, Spain, France, Italy and portions of North Africa since last winter did not harm the main Greek production areas,” Vasilios Frantzolas, an olive oil taster and quality consultant, told Olive Oil Times. The EU is the worlds largest olive oil producer accounting for over 60 of. However, production in the country was expected to be 40% lower than last year.Īccording to the EC’s forecasts, olive oil volumes will fall in all producing countries, with the exception of Greece. oil and other food supplies in 20 to address rising domestic prices. In Portugal, officials had noted that the irrigated super-high-density olive groves of Alentejo had been less affected by the Iberian Peninsula’s ongoing drought, the report said. Production in Spain and Italy was expected to fall by 30%. Spanish exporters' association Asoliva estimates there will be at least 10 less olive oil available worldwide this year from the 3.1 million tonnes produced in the season ending in 2021. This year’s olive oil yield represents a 25% drop compared to last year, according to the report, and is 20% below the rolling five-year average. “The EU projections about the drop in European olive oil production seem way too negative when compared to our estimates,” Anna Cane, president of the Italian Association of the Edible Oil Industry’s (Assitol) olive oil group, was quoted as saying in the 17 October report. However, the report’s forecasts were too pessimistic, according to some involved in the trade. In Tunisia, production is expected to reach around 140 000 t (-68.2), followed by Turkey with 210 000 t (-8.7), Morocco with 160 000 t (+10. Olive oil production in the European Union (EU) is expected to drop by 25% in 2022/23, according to the European Commission (EC)’s latest forecasts reported by Olive Oil Times.Īccording to the EC’s short-term agricultural outlook report, olive oil production in the EU is expected to fall to 1.7M tonnes in the 2022/23 crop year.
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