Syria Restricts Olive Oil Exports as Harvest Outlook Worsens
After a bumper crop last year, Syrian officials expect a sharp drop in olive oil production. The Ministry of Agriculture confirmed that the approaching 2023/24 crop year will yield 49,000 tons of...
View ArticleAward-Winning Importer Recounts Evolving US Olive Oil Culture
MillPress Imports co-founder Tim Balshi has spent the last two decades importing high-quality extra virgin olive oil to the United States. His passion for olive oil was kindled when he traveled to...
View ArticleMorocco Bans Olive Oil Exports in Bid to Control Rising Prices
Morocco’s agriculture ministry has approved a decree to ban olive oil exports to stem skyrocketing prices on the domestic market. The announcement makes Morocco the third major olive oil-producing...
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Another Poor Harvest in Andalusia Predicted
According to a preliminary estimate from regional authorities, Olive oil production in Andalusia may reach 550,600 tons in the 2023/24 crop year. The harvest in the world’s largest olive oil-producing...
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Award-Winning Chilean Producer Eyes Lucrative Brazilian Market
Over the past 15 years, no country has seen olive oil production and exports increase as quickly as Chile. According to data from the International Olive Council and producer association ChileOliva,...
View ArticleOlive Oil Producers in Turkey Decry Export Freeze
Local producers and European consumers feel the impacts two months into Turkey’s olive oil export ban. In August, Turkey’s Ministry of Trade temporarily restricted bulk exports until November 1st to...
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Award-Winning Producer Highlights Growth in South African Industry
Olive cultivation and olive oil production are rapidly increasing in South Africa. According to SA Olive, olive grove surface area doubled between 2010 and 2020. Based on the rate at which new groves...
View ArticleTurkish Olive Oil Exports Can Make Up for Europe’s Deficit Once Ban Is...
Bulk olive oil exports from Turkey were scheduled to resume on November 1st. However, the Ministry of Commerce extended the July 2023 ban indefinitely in mid-October, citing high olive oil prices....
View ArticleOlive Oil Production in Europe Expected to Reach 1.5M Tons in 2023/24
European Union officials estimate that the nine producing countries of the 27-member bloc will yield 1.5 million tons of olive oil in the 2023/24 crop year. As a result of another below-average...
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Finding Balance in a Changing Sector Yields Success for Portuguese Exporter
Producing and exporting award-winning extra virgin olive oil in Portugal is a delicate balancing act, according to Manuel Norte Santo, an export manager of Establecimiento Manuel Silva Torrado. The...
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The Agronomic and Macroeconomic Forces Behind Olive Oil Prices in Italy
Olive oil prices in Italy have risen from 90 to 130 percent since September 2022, reflecting a combination of agronomic and macroeconomic factors that have complicated the situation for producers and...
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Two Greek PDO Olive Oils Receive Protection in India
Two Greek extra virgin olive oils with Protected Designation of Origin (PDO) certifications from the European Union, Sitia Lasithiou Kritis and Kalamata, have been granted protected status in India...
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Reflections on 45 Years Championing Italian Olive Oil in America
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View ArticleTunisia Takes Measures to Lower Olive Oil Prices at Home as Export Revenues Fall
Tunisia’s olive oil revenue has declined, according to TNI, an international research institute. Farmers are producing less olive oil due to climatic conditions, and most of the oil produced is...
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Upstart Belgian Importer Stakes Claim on the World Stage
Known for its chocolate, the European Commission and site of the famed Battle of Waterloo, Belgium and extra virgin olive oil are far from synonymous. However, the eighth-largest country (by...
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Tunisia Has a Plan to Boost Its Olive Oil Industry
Tunisia’s Ministry of Agriculture, Water Resources and Fisheries will announce a new strategy to promote olive growing and olive oil production over the coming decade, according to Agence Tunis...
View ArticleCiting Rising Prices and Low Margins, Turkey Bans Bulk Olive Oil Exports
Officials in Turkey have prohibited bulk olive oil exports until November 1st, citing rising domestic prices. The combination of the country’s record-breaking olive oil production in the 2022/23 crop...
View ArticleSpanish Officials Raise Alarm Over Rising Olive Oil Prices While Calling for...
Officials from the Spanish Ministry of Agriculture, Fisheries and Food have raised the alarm over rising olive oil prices, a trend that is turning a major staple in most Spanish households into a...
View ArticleOlive Oil Prices Soar on Drought and Poor Harvests, Impacting Consumers...
Surging global olive oil prices show no signs of abating as farmers across the northern hemisphere prepare for the start of the harvest. According to the International Monetary Fund’s primary...
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Acesur CEO Highlights Andalusia’s Key Role in Sector’s Future
Over 180 years, Acesur has grown from a small family business in Seville to one of the world’s largest olive oil producers and exporters. According to research from the Pablo de Olavide University of...
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