The now starting harvest in North Africa is expected to be a good one, as the annual growth is projected to increase 67 percent in 2014-2015 harvest. This outstanding figure is greatly due to the extraordinary production of olive oil of Tunisia that will touch a year over year growth rate of 250% or maybe more. Last year unfavorable weather conditions, especially the almost complete dryness, hit hardly the sector in the biggest producing country of olive oil of North African area. One could easily esteem last year harvest a real tragedy, considering that Tunisian soil hosts 80 millions of trees over an 1,8 hectars area and the great number of persons depending from olive sector revenues. The high price of extra virgin olive oil, sold for about 3€ in bulk in Sfax, probably will boost Tunisian production to a never reached level, between 265.000 and 285.000 tons, as recently declared mr Lassaad Lachaal, Minister of Agriculture. The Algerian production is expected to increase from the 49.000 tons of last season to 70.000 tons, despite great part of Kabilia, the Algerian region most knwon for its olive oil production, has been frequently hit by fires last summer.
The only country in the area that will produce less olive oil than last year is Morocco. This decrease is expected to touch -25%, dropping from 120.000 tons of last harvest to 90.000 tons of olive oil.
No data available for Libya, where the war between clans and militias doesn't allow any forecast.
Sources
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