Spain: Olive oil sales fall by 16%, while sunflower oil sales soar by 30%

The sales of olive oil have seen a significant decrease of 16.8% in the 2023/2024 campaign, with the 'mild' and 'intense' categories experiencing the highest drop. On the other hand, sales of sunflower oil surged by 30.4%. Among the types of olive oil, extra virgin saw a decrease of 14.79%. Despite the decline, it remains the most demanded category. The sales of other vegetable oils also increased, totaling 651.3 million liters, marking a 1.26% increase from the previous campaign. The industry association, Anierac, views this as a sign of a solid recovery for the sector.

Olive oil sales have fallen by 16.8% in the 2023/2024 campaign, that is, between October 2023 and last September, with 223.4 million liters, while the marketing of sunflower oil soared by 30.4% (338.4 million liters), according to the olive oil industry association Anierac. In olive oil, the decline in sales of the "mild" category stands out, -19.85% and 72.8 million liters; closely followed by the 19.68% decline in "intense" olive oil (27.6 million liters), according to the report of the National Association of Industrial Bottlers and Refiners of Edible Oils (Anierac). The drop in sales of extra virgin was 14.79%, although it is the most demanded category with 96.3 million liters sold; and finally, virgin olive oil recorded a -11.79% (26.7 million litres). For its part, demand for olive pomace oil increased by 45.48% in the campaign that has just ended and 27.9 million litres of this product have been sold. On the other hand, sales of other vegetable oils amounted to 399.9 ...