Tunisia’s olive oil export revenues edged up 32% to 620.6 million dinars during the current campaign or until the end of January 2022, compared to the same period last year, according to the latest data released by the National Observatory of Agriculture (ONAGRI).
Only 18% of these revenues come from packaged olive oil exports, ONAGRI specified, adding that a 4% drop was posted in the volume of exported olive oil from 62,000 tons in November 2020-January 2021 to 59,400 tons at the end of January 2022.
Extra virgin olive oil accounts for 85% of the totally exported quantities, 15% of which are packaged.
A 40% rise in the average price of olive oil was recorded in the 1st three months of the 2021/2022 campaign, with a variation of 21% to 56%, ONAGRI indicated.
Compared to the prices in Spain in January 2022, the price of Tunisia’s exported bulk extra virgin olive oil stood at 10.5DT/kg (€3.2/kg) against 11.1DT/kg (€3.4/kg) for Spain’s.
The average export price of Tunisia’s organic olive oil was worth €3.47/kg against €3.8/kg for Spain’s.
