First estimates for world olive oil production 2019/2020
The first provisional global figures for the 2019/20 olive oil harvest season have emerged in Spain, indicating that Spanish production will be slightly reduced, but improved figures are expected in other producing countries that faced serious problems in the previous year.
For next season, Spain's olive oil sector is expected to yield 1.35 million tonnes of olive oil, slightly less than the 1.77 million tonnes of the previous highly productive harvest period. Italy will likely jump to 270,000 tonnes and Greece to 300,000 tonnes, a huge improvement from the 175,000 and 185,000 tonnes they respectively did last season.
Portugal's yield is estimated at 130,000 tonnes for next year, while record production is projected for Tunisia at 350,000 tonnes. The remaining Mediterranean producers are expected to put in another 400,000 tons of olive oil and the rest of the world 70,000 tons in total.
Total global olive oil yield for the 2019/2020 season is estimated to reach 3.67 million tonnes, compared to 3.13 million tonnes previously.” Source: By COSTAS VASILOPOULOS on July 3, 2019.
