Britain gets a taste for the exotic as olive sales soar
Olive sales have surged as shoppers splash out more on speciality foods.
Consumer spending on olives has risen 20 per cent over the past year, according to new research. Sales hit £42 million in the 12 months to June, with green olives taking the biggest share.
Spending on olives accounted for the greatest portion of all products in the “speciality and fine foods” grocery sector, which includes continental cheeses and continental sliced meat.
Shoppers are buying olives more often and spending more per purchase, according to the TNS Worldpanel survey of 25,000 British households.
The total speciality foods sector increased in value by 7 per cent over the past year to £405 million.
Continental cheeses such as feta, mozzarella and parmesan made up the biggest slice of the sector at £232 million, according to statistics produced for the Grocer magazine.
The trade magazine says the boundary between speciality and mainstream food products is becoming “blurred”, adding: “It’s the supermarkets that have been introducing more speciality foods to a broader spectrum of people, with speciality ranges in store to keep pace with consumer demands for more unusual ingredients.”
The continental sliced cooked meat market increased 15 per cent over the past year, to £131 million.
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A very complete and interesting article about Californian Olive Oil can be found here with a lot of information, history, comments and prices.
Olive oil firms eye Indian market
Some call it a luxury product while other swear on it as a cosmetic product great for the skin but manufacturers call it nothing but edible.
International Olive oil industry which has a trade value of more than $ 2, 698, 928 is now eyeing gigantic Indian 12 to 12.5 million tonnes of edible oils market and says it is ‘bullish’ about its expansion plans in India.
“The usage of olive oil in India is at a very small level. But since, India is growing economically and also since people are becoming more health conscious, Indian market gives us a huge opportunity to make inroads,” says Franco Oliva, Deputy Director, International Olive council, an intergovernmental, non-profit organisation set up in 1959 under the auspices of the UN.
India which is the world’s fourth largest vegetable oil economy, is a leading importer of vegetable oil in the world. Currently, India accounts for 11.2 per cent of vegetable oil import and 9.3 per cent of edible oil consumption. Although edible oils are widely consumed, the per capita consumption is around 11 kgs per year, considerably lower than in most developed countries.
Olive oil is a luxury product when it is compared with the consumption trend of other edible oils.
“For us India is a industry market which is doing a lot on the industry front. Nine out of 10 exports from Spain to India is industry related. What is now turning out to be exciting is the emergence of retail outlets along with malls and a boyant Indian middle class,” says Jose Bretones, Commercial Counsellor, Embassy of Spain, New Delhi. Spain is the largest exporter of Olive and olive oil is the world.
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Due to poor Israeli harvest, olive oil prices to rise 20 percent
By Amiram Cohen ,
The price of high-quality olive oil produced in Israel is expected to rise by 20 percent in the coming months, and reach NIS 40 to NIS 50 per liter.
The reason for the price increase is a poor olive harvest this year, as a result of last year’s dry winter and high temperatures in the spring.
There are 200,000 dunams (50,000 acres) of olive groves in Israel, and 90 percent are for olive oil production.
According to estimates from the Israel Olive Board, there will be 15,000 tons of olives harvested this year, which will provide 3,000 tons of oil. This compares with 9,000 tons produced last year.
According to Gadi Horvitz, deputy director general of the Olive Board, bargains for low-priced oil usually mean that the product is fake or that its expiration date has passed.
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d’immenses terres agricoles Algériennes inexploitées
Par Oki Faouzi,
Dans la wilaya d’El-Taref, le secteur de l’agriculture connaît actuellement quelque négligence bien remarquée au vu de ses immenses terres agricoles non exploitées par ses agriculteurs sachant que cette wilaya possède une superficie globale de 289 165 ha qui sont des terres non agricoles et le reste, soit une surface de 167 688 ha représentant majoritairement des terres vierges avec un taux de 59% de forêts et 82 000 ha de terres agricoles «29%» dont 12% de la superficie globale demeurent encore inexploitée, a-t-on appris auprès des services de l’agriculture.
C’est une très grande partie de la superficie de la wilaya qui subit chaque année des inondations causées en particulier par des fortes pluies et «cela se répercute sur la saison agricole», précise-t-on.
Dans ce contexte, il est impératif de noter qu’à cause des conditions météorologiques défavorables et la mauvaise gestion dans la récolte des olives dans cette région qui est très riche en ce produit nécessaire pour notamment la fabrication de l’huile d’olive, les services de l’agriculture d’El Taref font face à de nombreuses contraintes laissant ainsi plusieurs agriculteurs dans l’incapacité de relancer cette importante récolte qui est l’olive répartie, souligne-t-on, sur 10 000 ha essentiellement implantés, soit un taux de 90%, informe-t-on.
Les agriculteurs disent que l’état de la récolte n’a pas avancé d’un pouce et des centaines d’hectares de ce produit sont d’ores et déjà dans une situation de perte pure, et cela entraîne une hausse du prix ainsi qu’une remarquable rareté de l’huile d’olive, révèle-t-on encore.
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