All sources agree that this year’s olive harvest in Italy will bring about a high-quality oil, but in a much lower quantity; the amount will be about half of that produced in 2015.
One of the reasons for this lower yield has been the adverse weather conditions, which will ultimately raise the price paid by the consumer.
As a result of this, imports of olive oil from other Mediterranean countries are set to increase: those from Tunisia, for example, are expected to rise from 56,000 tons (as established with the commercial agreement with the EU) to over 90,000 tons for at least the next two years.
More and more producers are advising consumers to check the labels of their Olive Oil in order to verify its Italian origin.
With regards to our services, this news serves to highlight to professional buyers the importance of connecting with an Italian partner like Link when sourcing and distributing Italian food products.
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