Industry Analysis & Industry Trends
Over the past five years, the Olive Growing industry has grown from a low base due to disastrous weather conditions caused by drought. In 2009-10 alone, industry revenue plummeted 24.0% as the hot dry climate wreaked havoc on olive plantations. As a result, industry revenue has grown at an annualised 2.9% over the five years through 2014-15. Despite the industry growing steadily overall, the absence of a strong rebound following the official end of the drought in 2012 is a troubling concern for domestic olive growers. Many boutique growers are expected to have begun olive planting as a means to diversify the income earned by their farms. However, over the past five years, smaller olive growers have scaled down capacity due to adverse weather conditions... purchase to read more
Industry Report - Industry Products Chapter
Growers in the industry produce only one product: olives. These may be one of many varieties, such as Frantoio, Arebequina and Manazanillo. Harvested olives can rarely be eaten without some form of processing, as they are extremely bitter. As such, olive production has been segmented according to the intended use of the harvested olives.
The overwhelming majority of industry produce is destined for use in olive oil. Between four and five kilograms of harvested olives are required to make one litre of olive oil. There are two broad types of olive oil: refined and unrefined.
Olives for unrefined oil
Unrefined oils account for the majority of olive oil production, as they typically attract higher prices and profit margins... purchase to read more