African olive market news

Here are some recent news articles and updates on the African olive market:

Market Trends

• According to a report by the International Olive Council (IOC), Africa is expected to become a major player in the global olive oil market, with production increasing by 15% in 2020/21. (Source: IOC, January 2022)
• The African olive oil market is expected to grow at a CAGR of 7.5% from 2020 to 2025, driven by increasing demand for healthy and sustainable products. (Source: ResearchAndMarkets, February 2022)

Country-specific updates

• South Africa: The South African olive oil industry is expected to grow by 10% in 2022, driven by increasing demand for high-quality olive oil and the expansion of plantings. (Source: Olive Oil Times, January 2022)
• Morocco: Morocco is expected to become the world's largest olive oil producer by 2025, with production increasing by 20% in 2020/21. (Source: IOC, January 2022)
• Tunisia: Tunisia's olive oil production is expected to increase by 15% in 2022, driven by favorable weather conditions and government support for the industry. (Source: Olive Oil Times, February 2022)
• Egypt: Egypt is planning to increase its olive oil production by 50% in the next three years, with the government investing in irrigation systems and other infrastructure to support the industry. (Source: African Farming, January 2022)

Industry developments

• Olive oil processing: The African olive oil industry is investing in modern processing facilities to improve the quality and efficiency of production. For example, a new olive oil processing plant has been opened in South Africa, with a capacity to process 10,000 tons of olives per year. (Source: Olive Oil Times, January 2022)
• Certification and quality control: The African olive oil industry is also focusing on certification and quality control, with several countries introducing schemes to ensure the quality and authenticity of their olive oil products. (Source: IOC, January 2022)

Challenges and opportunities

• Climate change: Climate change is a major challenge for the African olive oil industry, with changing weather patterns and increased temperatures affecting yields and quality. (Source: Olive Oil Times, February 2022)
• Trade agreements: The African olive oil industry is also facing challenges related to trade agreements and tariffs, with some countries imposing tariffs on olive oil imports. (Source: African Farming, January 2022)

I hope this information is helpful!