Bellucci Premium Organic Olive Oil Says Strong Start for Global Olive Oil Trade Reflects ‘Recovering Economy’

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According to Olive Oil Times, there has been a worldwide increase in olive oil imports and the 2012-2013 seasons are expected to continue this trend. Natalie Sexenian, Bellucci Premium representative, suggests olive oil quality at an all-time high and sign of ‘recovering economy’.

On March 5, Bellucci Premium representative Natalie Sexenian responded to an article from the Olive Oil Times on the strong start to the 2012-2013 olive oil season.

According to the Olive Oil Times, the International Olive Council’s [IOC] latest market newsletter reported that October and November, the first two months of the olive season saw a worldwide boost in imports.

The IOC reported that sales were “up 38 percent in China and Japan, 32 percent in Australia, 19 percent in Russia, and six percent in the United States, Brazil and Canada.”

October-November 2012 figures for olive oil imports, according to the IOC, are 53,625 tons in the U.S., 14,996 tons in Brazil, 8,468 tons in Japan, 7,447 tons in Canada, 7,379 tons in Australia, 7,270 tons in China and 7,035 tons in Russia.

“Prices in Spain reached €2.99/kg by the second week of December, up 72 percent on the year before and equal to the level of October 2006, the IOC said.” Italy’s prices also went up 35 percent compared to last season, and in Greece, prices increased from €2.04/kg to €2.46/kg between the last week of December and the third week of January.

Natalie Sexenian, Marketing Manager for Bellucci Premium, issued a statement in response to the industry’s recent upswing. “While the healthy market for olive oil indicated many things, including a recovering economy, I also believe it has a lot to do with the quality of olive oil being produced,” she said. “Also, with organic foods rising in popularity, people are now more willing to pay extra for organic olive oil, which may also be a contributing factor.”

Bellucci Premium extra virgin olive oil uses olives that are grown on the beautiful landscapes of Tuscany, and maintained by 3rd and 4th generation farmers. Bellucci offers three different types of oil, including an organic option, that offer different flavors and undertones that will satisfy any palate. Bellucci offers the world’s finest extra virgin Italian olive oil, grown only by Italian growers.

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Scott Darrohn
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