Nowadays, Spain dominates on Russian olive oil market with 56% of share

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The olive oil market is immersed in a process of consolidation in Russia, where the two main competitors, Spain and Italy, jointly concentrate a growing share both in terms of value and volume. Nowadays, Spain dominates the Russian market with 56% of share, although the Italian oil has burst with great force in the last years, reaching a share of 30%, according to a study of ICEX España Exportación y Inversiones.

El estudio destaca que en Rusia se consume principalmente aceite de girasol y el país ha aplicado políticas para reducir la dependencia del exterior de este producto con éxito y se ha convertido en unos de los principales productores a nivel mundial. “>The study highlights that in Russia sunflower oil is consumed mainly and the country has successfully implemented policies to reduce external dependence of this product and has become one of the main producers worldwide.

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