`First Estimates for 2019/2020 World Olive Oil Production Released in Spain - Olive Oil Times

First Estimates for 2019/2020 World Olive Oil Production Released in Spain

Jul. 3, 2019
Costas Vasilopoulos

Recent News

The first global pro­vi­sional fig­ures for the 2019/20 olive oil har­vest­ing sea­son sur­faced in Spain, indi­cat­ing that Spanish pro­duc­tion will be slightly reduced, but improved fig­ures are expected in other pro­duc­ing coun­tries that faced seri­ous prob­lems the pre­vi­ous year.

For the upcom­ing sea­son, Spain’s olive oil sec­tor is expected to yield 1.35 mil­lion tons of olive oil, some­what less than the 1.77 mil­lion tons of the highly pro­duc­tive pre­vi­ous har­vest­ing period. Italy will likely make a jump to 270,000 tons and Greece to 300,000 tons, a big improve­ment from the 175,000 and 185,000 tons they respec­tively made the past season.

Portugal’s yield is esti­mated at 130,000 tons for next year, whereas a record pro­duc­tion is pro­jected for Tunisia with 350,000 tons. The rest of the Mediterranean pro­duc­ers are expected to chip in another 400,000 tons of olive oil, and the rest of the world 70,000 tons overall. 

The total global yield of olive oil for the 2019/2020 sea­son is esti­mated to reach 3.67 mil­lion tons, com­pared to 3.13 mil­lion tons previously.





Related News

Feedback / Suggestions