`Council Releases Estimates for 2019/20 Table Olive Production

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Council Releases Estimates for 2019/20 Table Olive Production

Feb. 4, 2020
Costas Vasilopoulos

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The Inter­na­tional Olive Oil Coun­cil (IOC) released its pro­vi­sional data for the global pro­duc­tion of table olives for the 2019/20 crop year, show­ing a 13.9 per­cent increase to 2,925,500 tons com­pared with 2,569,000 tons pro­duced in the 2018/19 sea­son.

Egypt is expected to take the lead from Spain with a crop of 690,000 tons of olives com­pared with 497,000 last year, while the Iber­ian pow­er­house will fall to the sec­ond posi­tion with 500,000 tons — a 16-per­cent drop from the 580,000 tons pro­duced the pre­vi­ous sea­son.

Other big pro­duc­ers like Alge­ria and Morocco are expected to retain the lev­els of the pre­vi­ous crop year, with pro­duc­tion reach­ing 300,000 tons and 130,000 tons respec­tively.

A slight fall is pre­dicted for Turkey, with the esti­mated crop of 414,000 tons com­pared with 423,000 tons the pre­vi­ous sea­son.

Italy, on the other hand, is in for a sub­stan­tial increase of 85 per­cent, jump­ing from 40,000 tons last year to 74,000 tons in the 2019/20 sea­son, but still low in terms of vol­ume com­pared with its big com­peti­tors.

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Greece will likely have a rise of 24 per­cent reach­ing a total of 207,000 tons, up from 167,000 tons pre­vi­ously, while Argentina’s crop of table olives is esti­mated to reach 100,000 tons, 25 per­cent more than the 80,000 tons of the pre­vi­ous crop year.

The global con­sump­tion of table olives is expected to increase by 2.1 per­cent in 2019/20, as pre­dicted by the IOC.



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