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The United States and the European Union have agreed to suspend retaliatory tariffs worth $11.5 billion. (9.65 billion euros), mutually imposed during the ongoing dispute over subsidies to aircraft manufacturers Boeing and Airbus.The 25 percent tariff imposed by the United States in the person of Donald Trump on some Spanish olive oils, as well as Spanish and French green table...
The move comes after the US Trade representative announced that it would not review any of the current tariffs on European imports. The Spanish government has contacted the European Commission, urging it to open talks with the United States on suspending import duties on Spanish olive oil and table olives and finding a "balanced and mutually beneficial solution" to the trade...
Over the past three decades, global olive oil consumption has almost doubled, rising from 1.7 million tons in the 1990/91 agricultural year to 3.2 million tons in 2019/20, according to the International Olive Council.However, this growth has not been uniform, and the popularity of olive oil has varied in different parts of the world, making the picture of consumption trends...
The largest declines in production in 2020 were observed in Tunisia, Italy, Portugal and Algeria. Lower yields in many countries around the world were partially offset by a bumper crop in Spain and a good year in Morocco. According to preliminary data from the International Olive Oil Council, global olive oil production is projected to reach 3,179,000 tonnes in the current...
This season, Spain produced 1.6 million tons of olive oil. Slowing sales in the hotel sector, as well as a dry summer and spring, worried many manufacturers, but the balance was found. The world's largest olive oil producing country has collected 1,633,000 tons, the second-highest figure in the past decade. This year's harvest was 15% higher than the five-year average and...
Sales of olive oil in Spain increased by 9% in the first eight months of 2020 compared to last year, according to data published by the National Association of producers and processors of edible oils (Anierac).232 million liters of olive oil were sold. Of these, 11.4 million liters were extra virgin olive oils, which is 12.7% more than in the...
Spanish companies have learned to re-export olive oils from other countries to the US to circumvent tariffs. According to data released by the Spanish Ministry of agriculture, fisheries and food, imports of olive oil in the 2019/20 agricultural year reached a four-year high.A total of 208,500 tons of olive oil were imported into the country between October 2019 and June 2020,...
We are glad to share the news officially: now our brand Maestro de Oliva is represented in the on-board catering of Ural airlines flights. Top-quality extra Virgin olive oil salad dressing with red wine vinegar will fill your flight with a piquant taste sensation. We wish you unforgettable trips and a pleasant appetite! We remind you that Maestro de Oliva olive...