30 May

Spain reports 34 pct rise in olive oil output

Reporting by Julia Hayley,
Edited by Bernard Halloran,

Spain produced 34 percent more olive oil in the season just ended, or 1.11 million tonnes in total, the Agriculture Ministry said on Wednesday.

“That represents 8 percent more than the average for the last four seasons,” it said.

Olive farmers also produced 500,000 tonnes of table olives in the season that runs from September to the end of April, 17 percent more than the year before, when the crop was hit by drought.

Exports of olive oil up to the end of April rose 63 percent compared with last year to 282,000 tonnes while the internal market accounted for 304,000 tonnes. Stocks now stand at 785,000 tonnes, the ministry said in a statement.

Spain is easily the world’s biggest producer of olive oil.

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