import/export / page 2

Nov. 6, 2023

Olive Oil Production in Europe Expected to Reach 1.5M Tons in 2023/24

Yields are expected to rebound after last year's historic lows. However, rising prices will hamper exports and consumption.

Nov. 1, 2023

Turkish Olive Oil Exports Can Make Up for Europe's Deficit Once Ban Is Lifted, Official Says

Turkey has reserves of 180,000 tons and is slated to produce another 180,000 in the current harvest that could meet European demand for bulk olive oil.

Oct. 30, 2023

Award-Winning Producer Highlights Growth in South African Industry

On a 330-year-old farm, the NYIOOC award-winning Babylonstoren has become one of South Africa’s largest olive oil producers.

Sep. 14, 2023

Syria Restricts Olive Oil Exports as Harvest Outlook Worsens

Olive oil production in Syria is expected to fall by 50 percent in the 2023/24 crop year. Authorities have banned exports to prevent price rises.

Sep. 14, 2023

Olive Oil Prices Soar on Drought and Poor Harvests, Impacting Consumers Worldwide

Olive oil prices are soaring due to drought and poor harvests in major producing countries with varying impacts in different regions.

Sep. 7, 2023

Spanish Officials Raise Alarm Over Rising Olive Oil Prices While Calling for Calm

Olive oil prices have exceeded €10 per liter at retail and are expected to continue rising. Rain in Andalusia would provide a glimmer of hope for the approaching harvest.

Aug. 18, 2023

Citing Rising Prices and Low Margins, Turkey Bans Bulk Olive Oil Exports

The trade ministry wants to promote the country's packaged olive oil exports while limiting further price rises for domestic consumers.

Aug. 14, 2023

Tunisia Has a Plan to Boost Its Olive Oil Industry

The strategy aims to increase annual production of extra virgin olive oil while growing packaged exports and domestic consumption.

Aug. 10, 2023

Andalusian Producers Seek Deeper Trade Ties with Japan

Olive oil consumption has risen steadily in the world’s third-largest economy over the past 30 years, and Andalusian producers are seeking to grow their market share.

Aug. 7, 2023

Italy Becomes Largest Market for Tunisia’s Organic Olive Oil Exports

Tunisia's organic production is increasingly favored by large Italian bottlers.

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Aug. 2, 2023

Olive Oil Producers in Argentina Beat the Heat, Enjoy Fruitful Harvest

After three below-average harvests, producers in Argentina expect a return to the norm. However, inflation continues to create problems for domestic sales and exports.

Aug. 2, 2023

Spain Reclaims Top Spot as Largest Olive Oil Exporter to U.S.

The removal of trade barriers and changes in strategy by Spanish companies has resulted in a steady increase in olive oil exports to the lucrative U.S. market.

Aug. 2, 2023

Leading Tunisian Bulk Olive Oil Exporter Pivots to Adding Value

The exporter seeks to expand shipments across Asia, while investing in sustainable farming to promote soil water retention capabilities at home.

Jul. 31, 2023

Concerns Mount Over Olive Oil Shortage in Spain

With olive oil stocks expected to run out by the start of the coming harvest and predictions of another low yield, experts anticipate prices to continue rising.

Jul. 31, 2023

Despite Drought, Uruguay Anticipates Record Harvest

Official statistics have not been published yet, but a preliminary estimate puts the harvest at a record-high 3,000 tons.

Jul. 26, 2023

Tunisia Plans to Expand Olive Oil Exports to South Korea

Agriculture officials and diplomatic staff touted the country's rising profile as a high-quality producer of olive oil at a local event in South Korea.

Jul. 26, 2023

Europe Confirms Steep Decline in Olive Oil Production

In the bloc’s latest short-term agricultural outlook report, E.U. experts said the poor harvest and low stocks will keep pressure on prices.

Jul. 12, 2023

Graza Co-Founder Andrew Benin Is on A Roll

Already in 3,000 stores across the U.S., the upstart Graza has momentum rarely seen in a notoriously crowded and challenging marketplace.

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