Title: Olive Oil Exports Boom Out of Spain, Producing 40% of Global Supply in Andalucía Alone
Headings: Spain’s Olive Oil Industry Export Turnover Exceeds 2 Billion Euros
Spain’s Olive Oil Industry Export Turnover Exceeds 2 Billion Euros
Katrina Pirner
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Content: While production in Spain may have been 15 percent lower over this period, it still remained considerably higher than its nearest competitors. Moreover, this year’s damp spring resulted in the Ministry increasing its olive oil production estimated for 2018/2019. The EU estimates that by 2026, Spanish production of olive oil will increase by 10 percent. One area in which Spain has a particular comparative advantage is the production of organic olive oil. While the consumption of organic food used to be limited to fruits and vegetables, there has been an increase in demand for other organic staples such as olive oil. With around one third of its organic surface dedicated to the production of organic olives, Spain has become the leading producer of organic olive oil. Assuming the trend for organic groceries remains strong, Spain’s olive oil producers are likely to see the demand for their products increase over the next few years. Tags
Agriculture Andalucía EU European Union Exports Fisheries and Food GMO Imports Manufacturing Olive Oil Organic Farming Organic Olive Oil Pomace Oil Spain Spanish Agriculture Spanish Exports Spanish Ministry of Agriculture Sustainable Farming Trade Relations Virgin Olive Oil
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Katrina Pirner
Katrina is a Berlin-based freelance writer who focuses on economics, disruptive technology and politics. She’s previously worked in Canada, Italy, Belgium, and the US. Katrina holds a MA in International Relations from Johns Hopkins University where she concentrated in European political economy.