The olive oil world in 2017/18

Vassilis Zampounis gathered the data and presents estimates for the world olive oil production of the upcoming olive crop year 2017/18, compared to the current year’s production in the 8 leading olive oil producers that make up to 90% of the world olive oil production.

Τhe average expected increase for 2017/18 is 405.000 tons or 18,6%. In the case of the highest expected production (2.730 thousand tons) the increase will reach 555.000 tons (+25,5%). In the lowest production scenario (2.430 thousand tons) the total increase will be 255.000 tons (11,7%).