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The Hojiblanca group is expandÂing their proÂmoÂtion of olive oil in Iran, aimÂing to tap into the counÂtry’s potenÂtial for growth in the olive oil marÂket despite high taxes on imports. They have launched a new adverÂtisÂing camÂpaign in Iran, offerÂing tastÂings and billÂboards to highÂlight the qualÂity and taste of their extra virÂgin olive oils in a marÂket more accusÂtomed to bland oils.
Tehran’s Grand Bazaar
Despite high entrance fees and strict bureauÂcratic regÂuÂlaÂtions, the Hojiblanca group have set about increasÂing their proÂmoÂtion of olive oil in Iran, a counÂtry which is seen to have potenÂtial for sigÂnifÂiÂcant growth in the olive oil marÂket. The group, made up of almost thirty Córdoba based coopÂerÂaÂtives has begun a new adverÂtisÂing camÂpaign in Iran, in the hope of increasÂing and strengthÂenÂing exports.
Hojiblanca has been exportÂing to Iran for five years, startÂing with table olives, and more recently includÂing extra virÂgin olive oils, with iniÂtial preÂdicÂtions of about 250,000 liters per year. Current exports are worth around EUR 1 milÂlion ($1.3 milÂlion) to the comÂpany. However, Iran, a counÂtry with a popÂuÂlaÂtion of 80 milÂlion peoÂple, conÂsumes about 10,000 tons of olive oil a year, and so is seen as havÂing great potenÂtial, despite duty taxes of 90 perÂcent on bulk olive imports, 45 perÂcent for packÂaged olives and 50 perÂcent for olive oils.
The Hojiblanca proÂmoÂtional camÂpaign is based on a comÂbined approach of olive oil tastÂings and outÂdoor adverÂtisÂing, such as billÂboards. Tastings will be offered at points of sale, givÂing conÂsumers the opporÂtuÂnity to samÂple extra virÂgin olive oils proÂduced by the 26,000 famÂiÂlies of olive growÂers from nine difÂferÂent Spanish provinces that make up the group.
Billboards will also be placed in high visÂiÂbilÂity areas of major cities includÂing Tehran, Ahvaz, Isfahan and Shiraz, with an emphaÂsis on the taste of extra virÂgin olive oil, a key sellÂing facÂtor in a marÂket more accusÂtomed to bland oils. A focus on purity and qualÂity is also imporÂtant as Iran has preÂviÂously been subÂject to poor qualÂity imports and impure domesÂtiÂcally proÂduced olive oil.
The Hojiblanca group is a world leader in olive oil proÂducÂtion, and conÂtinÂues to grow and add more partÂners to the entity annuÂally. Last year’s harÂvest saw 246,845 tons of olive oil proÂduced by the comÂpany, breakÂing records from preÂviÂous seaÂsons. This huge harÂvest repÂreÂsents about 7.9 perÂcent of the total olive oil proÂducÂtion worldÂwide, with coopÂerÂaÂtives in Córdoba, Jaén and Málaga leadÂing the way with around 74,000 tons of olive oil harÂvested each.
As a coopÂerÂaÂtive, the Hojiblanca group has grown rapidly since its forÂmaÂtion in 2003, when the coopÂerÂaÂtives of Cordoliva and Oleica Hojiblanca joined forces, aimÂing to creÂate greater comÂmerÂcialÂizaÂtion of prodÂucts and increased serÂvices to growÂers. With a turnover of EUR 535.9 milÂlion ($703.2 milÂlion) last year, of which 389 milÂlion corÂreÂsponded to the coopÂerÂaÂtive, the Hojiblanca group is the leadÂing proÂducer of olive oils and table olives worldÂwide.