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    Latest News - Spain

    Extremadura collects 76,400 tons of oil

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    By News Desk on February 17, 2025 Spain
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    The olive collection campaign is already 99 percent in Extremadura, and the data at the end of January reflects that 76,400 tons of oil have been collected in Extremadura, with an “excellent quality.”

    This has been highlighted by the president of Aigg Extremadura Asaja, Juan Metidieri, at a press conference this Monday in Spain, in which he has made an assessment of the olive collection campaign in the region and the production of oil, which has been developed “calmly” in the climatological and with an excellent quality in the oil.

    Extremadura collects 76,400 tons of oil

    In that sense, Metidieri has stressed that the collection in Extremadura is already 99 percent, while at the national level the process is approximately 90 percent, still subtracting some campaign in some areas.

    Thus, in Extremadura, 76,400 tons of oil have been collected, while at the national level 1,234,000 tons have been exceeded, so current stocks exceed one million tons, Metidieri stressed.

    As for the quality of the oil produced in Extremadura, Metidieri has stressed that it is “very good”, since most of the fruit has been collected directly from the tree, which positively influences the final quality of the product.

    He has also stressed that as of January 2025, the increase in national sales has doubled with respect to January of the previous year, reaching a figure of 116,000 tons of oil marketed, regardless of imports.

    On the other hand, says Juan Metidieri that the link (stock of each campaign) scheduled for the next one could be under minimum, estimating about 200,000 tons nationwide, the organization indicates in a press release.

    30% price drop

    Faced with this situation, the president of Aigg Extremadura Asaja has considered that with current stocks in Spain and other countries, “there should be no shortage problems”, while with respect to prices, there has been a decrease of 30 percent, passing Of the 9 euros per liter last year to the current 6 euros per liter.

    Spain proposes 100% tax on homes bought by non-EU residents
    Spain proposes 100% tax on homes bought by non-EU residents

    However, Metidieri points out that “if tensions occur in the market, prices should be upset”, after which it has pointed out that in the organization they continue “without finding justifications to the drastic drop of prices” per kilo of olives with respect to respect last year, with a decrease of more than 50 percent.

    Finally, Metidieri has called for consumers to acquire quality oil directly in local oil mills and cooperatives, “thus guaranteeing both the quality of the product and the direct benefit for producers and consumers,” he concluded.

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