Turkey’s Olive Oil sales multiplied nine-fold

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Turkey’s olive oil exports to the US, meanwhile, shot up spectacularly from just 3,152 tons in 2011/12 to 28,729 tons last season.

Climbing from just 1 percent of total US imports to 9.6 percent last season, its ranking rose from 8th to 4th out of all the US suppliers as it overtook Argentina, Greece, Morocco, and Chile and placed just under Tunisia, which with about 35,520 tons supplied nearly 12 percent of US imports.

However, the IOC has previously reported that Turkey expects lower production this season, due to poor rainfall during flowering, and Tunisia a significantly lower volume.

Italy still supplies half America’s olive oil

Leading supplier Italy’s exports to the US fell about 10,000 tons to 145,365 tons, its lowest volume for the last five years, but it clung onto most of its dominant market share, delivering 48.6 percent of the nearly 300,000 ton total of US olive oil imports in 2012/13. read more at oliveoiltimes

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