Tag Archives: Türkiye's olive oil production

The shortage of olive oil production in Mediterranean countries has negatively affected domestic prices, prompting the Turkish Trade Ministry to introduce additional measures, including the suspension of olive oil exports until November, to prevent a price increase in the domestic market. In a statement, the ministry said that due to the drought in Europe, …

Press release… Olive oil yield will not be very low… Aegean Olive and Olive Oil Exporters’ Association (EZZİB) Board of Directors stated that the determinations that there will be decreases in olive oil harvest around the world in the 2023/24 season are not very realistic. “There is a yield expectation …

Drought in Spain and elsewhere in the Mediterranean is stressing supply… Heat and drought in the Mediterranean are harming production of olive oil, causing its price to spike. The global price of the oil is now almost $6,000 per metric ton, according to data from the International Monetary Fund (IMF). That’s the highest since …