Comment by nonethewiser
7 days ago
And apparently the US bought 33% of it
>Onagri data show that Spain is the leading destination for Tunisian olive oil, with 47.4 percent flowing to Spanish ports, followed closely by Italy at 42.2 percent and the United States in third at 33.8 percent.
https://www.oliveoiltimes.com/business/africa-middle-east/as...
Tunisia is so productive it exports 123.4% of olive oil.
Or perhaps I don't understand what they're trying to say in that sentence
Oh yeah, that is weird... something not adding up there.
Someone else mentioned a lot of Tunisian olive oil gets repackaged as Italian. I wonder if it could be double counting stuff like that (Italy + final destination). But yeah something is not right there.
This is interesting to me, because Spain and Italy are also exporters of olive oil. And there have been famous discoveries of fraud in the EVOO market as it has boomed. I wonder what percentage of Spanish and Italian EVOO exports are actually blended with (or wholly!) Tunisian imports?
Many Spanish and Italian oil blends do indeed use (unprocessed) olive oil from Tunisia. This is a problem for Tunisia because we’re missing out on the meat of the profit margin generated by the final bottled product.
We have had recent successes with developing & selling our own bottled products directly - Terra Delyssa is one good example that has gained traction in the US market.
Those numbers don't add up.