This year's total, estimated to exceed 3.225 million tons, will come close to the record 3.271 million tons produced in the 2013/2014 production season.
According to the latest production figures released by the International Olive Council (IOC), world olive oil output for the 2015/2016 season has been better than initially expected. This year’s total, estimated to exceed 3.225 million tons, will come close to the record 3.271 million tons produced in the 2013/2014 production season.
This year’s global output is 33 percent higher than the previous season, representing an increase of 790,500 tons.
The world’s largest olive oil producers, Spain and Italy, have had a strong season with a 65 percent increase in production for Spain, and a 112 percent increase for Italy compared to the 2014/2015 season which was the worst experienced by both countries in the past two decades. Greece has also seen a slight increase of 3 percent, while Portugal is poised for a 65 percent rise in production.
A few olive oil producing countries outside the European Union like Algeria, Morocco, Libya, and Egypt will have only slight increases, with the most significant figures coming from Argentina, which has seen a 317 percent boost in its production. Modestly higher results were noted in Iran (30 percent) and Jordan (26 percent).
Meanwhile, a few countries have experienced a decrease in production, notably Tunisia with 59 percent less than last year, which was a record production for the North African country. Turkey, Israel, Albania, and Lebanon are also experiencing a decline in olive oil production for the 2015/2016 season.
More articles on: 2015 olive harvest, International Olive Council (IOC), production
Jan. 16, 2024
IOC Leader Focuses on Expanding Cultivation, Fighting Climate Change
The International Olive Council director, Jaime Lillo, says the future of olive oil production lies beyond the Mediterranean.
Dec. 12, 2023
Role of Women in Sector Takes Center Stage at World Olive Day
Celebrated at the International Olive Council’s headquarters in Madrid, the event spotlighted the role women play in the olive sector.
Jun. 24, 2024
Olive Council Incorporates Germplasm Bank Into Global Treaty
By joining the treaty, the IOC plans to facilitate greater cooperation to preserve genetic diversity and find solutions to climate change-related challenges.
Nov. 7, 2024
China Begins Talks to Become Olive Council Member
With a fledgling olive oil production sector and a growing appetite for the product, China has signaled interest in becoming the latest International Olive Council member.
May. 29, 2024
Azerbaijan Joins Olive Council
Investors believe joining the International Olive Council will improve quality and standards in Azerbaijan while facilitating access to international markets.