Tunisian Olive oil : An age old tradition
Here an interesting article for investors concerning the Olive’s Oil potential:
Tunisian olive oil : So many advantages, strong potential
• 1.6 million hectares of olive lives
• 56 million olive trees
• 745,000 tons of olives produced annually on average
• 173,000 tons of olive oil produced annually on average
• 115,000 tons of olive oil exported annually on average
• 1140 oil presses…
Second biggest area planted in olive trees in the world
Tunisia ‘s 1.6 million hectares of olive trees represent almost 19% of all olive tree orchards worldwide, in second place behind Spain but ahead of Italy and Turkey .
The production of olive oil holds a strategic position in Tunisian agriculture, representing one third of all cultivable land on which 56 million olive trees stand. 32% an: new plantings and 68% are in full production.
Savored over the ages
This immortal tree has grown in Tunisia since the 8th century BCE, introduced by the Phoenicians. Many Mediterranean civilizations – Greek, Hebrew, Carthaginian, Roman and Arab – contributed to its development. Romans developed the technique for extracting oil. Early presses can be seen at digs in Sbeitla (Sufetula) and El Jem (Thysdrus) and are depicted in many Roman mosaics unearthed in Sousse. The olive tree unites men through the ages, with its universally recognized symbol of olive leaves representing peace and wisdom and through its commercial value as an important source of wealth. Since Phoenician times and throughout the successive civilizations that have marked Tunisian history, olive oil has been put to various uses: food, lighting, medicine, cosmetics … and today it continues to he an important part of the Tunisian economy
A distinctive taste at an unparalleled cost
Tunisia’s competitiveness in producing olive oil can be seen in :
• A long tradition of and major potential (56 million olive trees, 1440 presses) for producing a quality product, recognized know-how, providing 6 to 12% of world-wide production;
• Its rank as number two world exporter of olive oil, with the best (66%) export/production ratio in the world ;
• Ongoing improvement of quality, with the share of premium olive oil constantly on the rise;
• Olive oil production costs in Tunisia that are just two thirds of costs in Spain, number one world producer of olive oil
Tunisia world producer of olives and olive oil
Olive production has increased considerably over the past decade (1990-2000), amounting to an annual average of 745.000 tons, up from 526.000 tons a decade earlier (1980-1989).
173.000 tons of olive oil on average are produced each year.
The olive oil industry includes 1440 presses with a grinding capacity of about 23.000 tons a day and 24 processing units with a 15.000 tort capacity.
Tunisia is the 4th main producer of olive oil, after Spain, Italy and Greece.
Tunisia world exporter of olive oil
Olive oil represents almost 40% of agrofood exports and 5% of the country’s total export. Tunisia exports 66% of its production, 115,000 tons a year on average, most of it in bulk.
Tunisian oil : So many opportunities
Processing of olive oil
Tunisian olive oil in not identified as such on foreign markets, since most of it (H5%) is exported in bulk. It is high time to invest in one of the most promising areas for development of Tunisian olive oil : processing in assorted quantities (0.5 to 20 liters) and packaging (glass, metal).
Organic olive oil
Another likely area for investment is conversion to organic cultivation and processing of olive oil.
Most Tunisian olive growers use little or no chemical fertilizers and processing of organic oil differs little from that of conventional modes. Thus the changes needed to turn out organic olive oil will be relatively easy and quick.
Furthermore, government support is available in the form of lax and financial assistance for converting to organic cultivation and meeting the terms of the relevant legal code in force since 1999.
35,000 hectares of olive trees for oil are currently certified or in the process of converting to organic production
Intensive olive oil production
Tunisian olive oil production is currently turning to irrigated farming. Thus intensive cultivation on large expanses in the north constitutes an attractive investment opportunity.
A higher quota for exports to the European Union
As per the agreement reached in 2000, 50,000 tons of Tunisian olive oil can be exported customs and tax-free. An annual increase of about 3% will put this total up to 56,000 tons by 2005.
Market diversification
GATT agreements open up new markets for olive oil, notably in Japan , Australia and Canada.
Tunisia has high potential for export to the US that can he exploited through marketing and access to distribution circuits.
Modernization of grinding units
31% of current equipment capacity uses the continuous system to extract olive oil. Short-term objectives involve a considerable increase in this figure, slated to reach 50%, and to use continuous lines in all of the country’s olive producing areas.
Tunisian tradition of hospitality
Conditions for foreign investment
Agricultural production
• Investment in the framework of a partnership does not require authorization.
• Foreign parties can own up to 66% of capital.
• Agricultural land used in the framework of a partnership arrangement can only be rented.
• Foreign promoters have the same advantages as those available to Tunisian promoters.
Agrofood industrie
• Investment does not require authorization.
• Foreign promoters can hold up to 100% of capital.
• Foreign investors have the same advantages as those available to Tunisian promoters.
Tax incentives
Farming
• There is no VAT for agriculture.
• Agricultural inputs are exempt from VAT and customs duty.
• The minimal tax rate (10%) applies.
Investment
• Subscription to capital and capital increases is deducted from the tax base.
• There is no income tax for the first 10 years of operations.
• Equipment needed for any given project is exempt from VAT and customs duties.
Tax incentives
Investment
• Investment premiums for agriculture vary from 7 to 25% according to the category.
• A targeted investment premium of 30-40% is available for priority activities.
• There is also an investment premium for activities in initial processing in agrofood industries that benefit regional development
• Priority zones: 25%
• Regional development zones: 15%
• Other zones: 7%
• The premium for organic farming is for 30% of the cost of targeted equipment.
• There is a yearly premium for five years to help cover the cost of being certified for organic production.
Incentives for companies that export their entire production
Exemption for equipment and inputs
• From import customs duties;
• From VAT for local purchases.
Possibility of sales on the local market
• 30% of agricultural production;
• 20% of agrofood production.
Hiring of foreign staff
• 4 upper management executives can be hired with no prior authorization.
Source & Link
Dear Sir,
I would like to have your prices for Extra Vergine Olive Oil, in 4 liter Packs, arrived to Australia’s Land, Sydney.
Thank you for your cooperation.
Best Regards,
August 13th, 2008 at 10:38 pmSusan
daer Susan
we can do 18.80 usd one cif Sydney
best regard
May 4th, 2009 at 10:37 amDear Sir/Madame,
Olive Tree Plant Stocks for sale from Turkey.
Olive Sorts and Export Price List :
GEMLIK – High : 70 cm / 100 cm = 1.30-USD/unit
AYVALIK – EDREMIT – High : 70 cm / 100 cm = 1.30-USD/unit
DOMAT – High : 70 cm / 100 cm = 4.90-USD/unit
Please, contac us for the Olive sorts and specification details…
Best regards
Tony Kara
Firm : KORFEZ GRUBU
August 2nd, 2009 at 12:12 pmSectors : Media-Automotive
Tourism-Agriculter
RealEstae-Machinery
Adress : Edremit Gulf – Turkey
vision.exporter@gmail.com
vision.marketing@hotmail.com
Cell : +90 532 387 46 81
Dear Sir,
I would like to have your prices for Olive Oil, in all kind of Packs, arrived to U.A.E., Dubai.
Thank you for your cooperation.
Best Regards,
Susan
August 20th, 2009
August 19th, 2009 at 3:38 pmDear Sir,
I would like to have your prices for Olive Oil, in all kind of Packs, arrived to U.A.E., Dubai.
Thank you for your cooperation.
Best Regards,
Adnan Sharif
August 20th, 2009
August 19th, 2009 at 3:40 pmserai t il possible de conclure un rendez vous afin promouvoir l huile d’olive tunisienne sur le marché egyptien .
merci de me contacter .
Ali OSMAN
May 28th, 2010 at 5:03 amTel 0033660445016
dear sir,
i live in germany and have very good contacts to sell the olive oil.
but i have to know more about price and the costs about the delivery process.
please contact me as soon as possible.
best regards and beslama
July 3rd, 2010 at 12:58 pmDear sir,
Kindly quote for extra virgin olive oil(EVOO)at CIF tuticorin,India.Also we would be requiring a sample too.So plz let us know what procedure should we follow inorder to get one. Await reply.
With regards,
Roshan
August 18th, 2010 at 11:11 pmGood morning everyone.
I would like to know if your company sells extra virgin olive oil conventional wholesale flextank, if ok send me price thank you very much
and greetings
Nicola Critelli
October 14th, 2010 at 9:17 amsir can you please tell me the date in december the tunisian olive fest is held
November 11th, 2010 at 12:31 pmi’m interested in buying 100 tons of olives to Albania
December 31st, 2010 at 11:57 amhow much a ton coasts and the percent of the olive for a ton.
Who are interested in bottles for olive oil please contact me on sales@gcc.md
April 29th, 2011 at 12:40 am