World Olive Oil Production Figures for 2017 Show Mixed Results

The current season looks mediocre after heat waves and droughts affected some areas over the summer.

By Olive Oil Times Staff
Oct. 12, 2017 11:04 UTC

Global olive oil pro­duc­tion will reach 2.854 mil­lion tons for the cur­rent crop year (September 2017 through August 2018), accord­ing to pre­lim­i­nary esti­mates from the International Olive Council — a 12 per­cent increase over the pre­vi­ous year’s 2.538 mil­lion-ton out­put.

World pro­duc­tion in 2017/18 is esti­mated at around 2.854t, which would be an increase of approx­i­mately 12 per­cent com­pared to the pre­vi­ous year.- International Olive Council

The cur­rent sea­son looks mediocre when com­pared with the aver­age for the last five years (2.945 mil­lion tons) after heat waves and droughts affected some areas over the sum­mer, falling short of the 3 mil­lion-ton bench­mark reached in six years since 2004.

© Olive Oil Times | Data source: International Olive Council

See Also:Complete Coverage of the 2017 Olive Harvest
This year, Spain is expected to weigh in with 1.150 mil­lion tons — 10 per­cent less than last year. Italy is expected to pro­duce 320,000 tons, rep­re­sent­ing a 75 per­cent increase over the poor results of the pre­vi­ous sea­son.

Greece is back with 300,000 tons expected this year, rebound­ing from last sea­son’s poor results blamed on fruit fly attacks and extended heat waves.

Portugal could set its all-time record if it achieves the 110,000 tons fore­casted thanks to exten­sive plant­i­ngs in the Alentejo region, the IOC noted.

Tunisia will more than dou­ble last year’s pro­duc­tion to reach 220,000 tons; Output from Turkey will be sta­ble at 180,000 tons; Morocco looks to be a lit­tle up this year with 120,000 tons, and Algeria weighs in with 80,000.

In the Southern Hemisphere, Argentina would set a record with 37,500 tons expected this sea­son.

On the other side, the IOC said the world will con­sume 2.889 mil­lion tons of olive oil this year — about the same as in 2003 when there were 1.2 bil­lion fewer peo­ple on the planet.


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