Markets Economy | Olive oil | Agricultural Economy and Policy

Tunisia reaches 280,000 tonnes

The latest figures published by the National Olive Oil Bureau of Tunisia (ONH) show that the African country's olive oil production for the 2017/18 campaign will be 280,000 tonnes. had already informed its readers that the Tunisian production would have a significant rise (olivenews' estimates upper limit was 270.000 tonnes - The olive oil world in 2017/18), since last July and was the only Greek news outlet that did so.

Timely and credible forecast is a key asset for the right commercial strategy of the professionals concerned.

According to the ONH's figures, 110,000 tonnes of olive oil had been exported to the European market by the end of March 2018. Quantities exported in bulk provided 1.128 million dinars (381 million EUR). The greatest part was exported to the European market (71%) of which 35,759 tonnes to Spain and 34.676 tonnes to Italy.

Regarding exports of packaged olive oil, 7,422 tons of packaged olive oil (97.7 million dinars - 33 million EUR) were exported to France, which accounted for about 26%, Canada (28%) and the countries Gulf (15%). 

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