Italy: Italian Olive Oil Overview 2017
Italy is the second largest olive oil producer in the European Union (EU) after Spain and accounts for approximately one-quarter of the EU-28 olive acreage. According to the latest industry estimates, Italy’s marketing year (MY) 2016/17 olive oil production is estimated at approximately 200,000 metric tons (MT), a 58 percent drop from the previous abundant campaign (475,000 MT) due to sudden alternations of hot, cold and rainy weather that affected the Italian peninsula throughout the year, combined with the olive fruit fly attack in September. Overall, quality is reported to be good.