24 Hrs
Source:
تونزي تيليغراف
Tunisian Oil Faces External Challenges
The "Oliv A" Association highlights the olive oil price crisis in Spain resulting from commercial interventions by a small handful of major players. These groups benefit from the rising imports of Tunisian oil, which have increased by 85% since 2016 to approximately 123,000 tons annually, leading to the replacement of Spanish oil in the domestic market and a decrease in wholesale prices. The association also notes that 96% of imported olive oil from Tunisia enters through the active manufacturing system, which has shifted from a temporary measure to a structural mechanism influencing market rules. This abundance of Spanish stock coincides with a significant decline in locally processed oil, with 80% of the stock concentrated in four Andalusian provinces. Production costs have risen by 57% over the past six years, placing pressure on farmers and threatening the sector's sustainability. The association called for sector unity and the implementation of food supply chain laws to ensure fair prices and improve the sustainability of the industry.
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