Topical

All crazy about olive oil andtr Global demand continues to grow

The market has reached 6.3 billion euros: the USA, Turkey, Germany and France are the countries where consumption of etr

Sangaspano continues to establish itself on the European market.

World consumption of olive oil andtr In 2021, global demand reached 6.3 billion euros, 5.3% more than in 2018. The data comes from Eort portplanning and has been processed by TuttoFood. In addition to historical markets such as the United States, Italy and Spain, other countries show a progressive increase in demand: in particular in the Mediterranean area, Turkey is the country that has increased its demand most of all, going from 7 million euros in 2018 to 70 million in 2021. Followed by Portugal (+44.5 million euros), Germany (+44.1 million euros) and France (+16.5 million euros).

In the Asia-Pacific area, olive oil consumption is also growing. In South Korea, for example, purchases have increased by 16 million euros in four years, although Japan and China remain the main destination countries of the product, registering more than 100 million euros of imports in 2021. Overseas, the largest importers are the United States: in 2021 the USA exceeded 900 million euros, retaining the second place in the ranking of the main importers on a global scale. The Brazilian market counts over 300 million euros of imports in 2021, while Mexico (+6.5 million euros), Colombia (+4.5 million euros) and Canada (+2.2 million euros) are the other countries that show significant growth margins.

In this context, Sangaspano organic eerg All 2021/2022 production was sold in the Italian and European markets.

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