Exports of Italian oil +32% in Oceania and +16% in Asia. These are just some of the data that testify the historical record for a total value of 1.3 billion euro: +10% from 2012.
The Italian exports of olive oil in 2013 are at a level of historical record for a value of 1.3 billion euro, with an increase of 10%. To state this, a projection of Coldiretti based on Istat data relating to the first seven months of the year.
The olive harvest proceeds in the sign of optimism in Italy under the positive influence of foreign demand with a decisive increase in the prices paid. Well the usual markets (+10% in the EU and +6% extra EU), but the largest increases come from emerging markets, with +32% in Oceania and +16% in Asiatic markets.
To further enhance Italian Oil, Coldiretti considerates positive the changes approved by the European Commission to facilitate the prevention of fraudulent practices in the industry under the force of the Mongiello law, so–called “save made in Italy oil”.
The changes made by the European Commission to the Regulation no. 2568/91 provide for the gradual decrease of the limits of foreign ethyl allowed: 40 mg/kg for 2013/2014, 35 mg/kg for 2014/2015 and 30 mg/kg for subsequent marketing campaigns. The Commission has correctly transposed the decisions of the International Olive Council, thus facilitating actions aimed at the prevention of fraudulent practices that strongly harm the made in Italy production.
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20/11/2013
