This constant price increase olive oilAs a result of the low productions for the last two seasons and the bad expectations for the next campaign, both consumers and producers have already been alarmed.
First, they think the increase in the price of a kitchen essential item is excessive because demand drop. Second, because they confirm that this deficiency in the product is starting to cause a problem. Decline in sales not only in the domestic market but also in exports“This is where it cost us so much work to position ourselves,” explains Rafael Sánchez de Puerta, president of Cooperativas Agroalimentarias de Córdoba, and he believes this price increase has already reached the limit because he thinks it is a danger. untenable situation. “If consumption suffers, it’s natural to take control of the price,” he says.
Despite this, he sees the situation as completely justified and says, “Nothing unforeseen happens. Everything we’ve said in recent campaigns has been confirmed.”
The businessman mentions that since the production was very tight two seasons in a row, there were not enough products to guarantee the link between the two campaigns. That’s why Sánchez de Puerta said, “The end of the current harvest is very stressful“, because there is not enough oil left for sale. Also, the businessman goes on to explain that the prospects for the next campaign are also bad. He remembers that output this year fell well below the annual average. About 140,000 tons, as it barely exceeded 90,000.
Faced with this situation, the head of Cooperativas Agroalimentarias states that a solution must be sought to increase production, which includes increasing irrigated olive groves as it “benefits the consumer as well”. This increase in irrigated olive groves will mean an increase in production and will also improve the future of the sector. Most of the existing olive groves are dry. and it is the most damaged modality after years without rain.