Next season expected a world olive oil production will be 2.6 million tons

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Meanwhile, Tunisia and Turkey maintain their average production as last year; while Portugal will drop its production around 23%, due to low rainfall -which will also advance the campaign-, and the alternate bearing of this crop.

Stocks and prices at origin
As for stocks, since the campaign in Portugal has been brought forward, it is expected to reach about 200,000 or 300,000 tons.

In this regard, President of GEA Westfalia Separator Ibérica, Juan Vilar, stressed that this is a fairly low figure compared to other years, mainly due to the evolution of exports that, with an average of 150,000 tons per month, for the first time in history will exceed a million tons.

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