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Italy remained olive oil leader

Extra virgin oilve oil accounted for 73.5% of total sales in Italy, followed by olive oil with 22.5%. International sales fell by 14.7% in 2013 over the previous year

Italy retained its place as global olive oil leader in 2013 even as domestic and international sales dropped, sector association Assitol.

Italian producers sold 94,329 tonnes of bottled olive oil and residues on the domestic market, down 3.5% over the previous year.

Extra virgin oilve oil accounted for 73.5% of total sales in Italy, followed by olive oil with 22.5% and residues with 2.3%.

International sales fell by 14.7% in 2013 over the previous year, with 117,898 tonnes of bottled oil and residues placed on foreign markets.

However, data from the period November 2013-April 2014 showed a reverse trend particularly with respect to the sale of extravirgin olive oil, Assitol said. Exports also showed signs of picking up at the start of this year, the association added.

by S. C.
26 june 2014, World News > Italy

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