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Report: Only One-Third of Italian Olive Oil Producers Are Competitive

Report: Only One-Third of Italian Olive Oil Producers Are Competitive
oliveoiltimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oliveoiltimes.com Daily Mail and Mail on Sunday newspapers.

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Italy Overtook Spain as Largest Olive Oil Supplier to U.S., Data Shows

Italian olive oil exports grew for the third consecutive year, while direct exports from Spain dropped significantly as tariffs take their toll on Spanish. ....

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As Restrictions Loosen in Italy, Farmhouses Anticipate Tourism Boom


As Restrictions Loosen in Italy, Farmhouses Anticipate Tourism Boom
With about one-third of olive oil sales in Italy going to the restaurant sector, the shift of tourists to the countryside is likely to impact consumption.
May. 14, 2021
Restaurants and farm­houses in Italy are reopen­ing their doors to tourists after the emer­gency lock­down in place due to the Covid-19 pan­demic was par­tially lifted by the gov­ern­ment.
More than 170,000 small and large busi­nesses in the Horeca (hotel, restau­rant and café) sec­tor have resumed busi­ness through­out the coun­try in the last few weeks. ....

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EVOO Consumption in Italy Rose in 2020, Production Slipped


Two-thirds of Italians said they believe extra vir­gin olive oil is a high-qual­ity prod­uct with excep­tional fla­vor, the report found. Sixty per­cent buy the prod­uct because they know it is healthy.
Consumers have evolved, they look for a qual­ity prod­uct, read the labels and know what they are look­ing for. They do not stick to a sin­gle prod­uct, but wan­der from one type to the other.
- Anna Cane, pres­i­dent, Assitol
The Assitol report also found that the aver­age con­sumer bought nine-per­cent more olive oil in 2020 than the pre­vi­ous year, reach­ing 11.5 liters per capita. ....

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