스페인 오일 및 지방 인사이트

Olimerca.- For another year, and now in its sixth edition, the Organization of Consumers and Users (OCU) has just released a new analysis of 23 widely consumed oils analyzed and which for the first time meet the requirements to be classified as extra virgin and are of good quality, some are even excellent. In this latest analysis of 23 products, all have proven to be quality extra virgin, unlike previous comparative studies (carried out in 2007, 2012, 2018 and 2021) in which the existence of fraud in several oils that did not meet the requirements of the extra commercial category was reported. The tests to which the extra virgin olive oils have been subjected have not changed with respect to the studies of previous years. Firstly, in a specialized laboratory it has been verified that all the products are oils made from olives and that there is no mixture of sunflower seeds or other oils, not even refined olive oils.

After reaching a historic peak in mid-November, crude sunflower oil prices in the main ports of the European Union have begun a rapid downward correction. The fall, which has already accumulated a decrease of 11%, places the price at levels similar to those recorded at the beginning of October. The change in trend, according to the analysis of the consultancy firm Areté, is due to several key factors. On the one hand, the competitiveness of alternative oils, such as soybean oil, has encouraged the change in consumption in a context of sustained price increases. On the other hand, the market has received a significantly high supply from Russia and Ukraine during the first three months of the campaign, something unexpected given the geopolitical situation and the lower than expected harvests. A determining factor has been the high level of sunflower seed crushing recorded between September and November, despite the disappointing harvests. This situation has generated a surplus in

Global olive oil production is expected to grow by 32% in 2024-2025, according to forecasts from the International Olive Council.