The stock of olive oil in Italy on 31 October 2023 is 142,181 tons. Extra Virgin Olive Oil (EVO) represents the 67.7% of the stock. In the category of EVO oil, stocks of olive oil of Italian origin (45,030 t) represent the 46.8%, followed by those of EU origin 37.3%.
Virgin olive oil represents just 1.7% of the stock.
Olive oil stocked in Italy
Where is physically stocked the olive oil in Italy?
The 45.9% of the national olive oil is stocked in the regions of southern Italy, with the significant contribution of the regions Puglia and Calabria (22.7% and 12.6%, respectively). At the provincial level, 12.3% of olive oil is stocked in the province of Bari, and 9.4% in Lucca.
 The allocation of the Regions in the geographical areas follows the ISTAT scheme: North: Piedmont, Valle d’Aosta, Liguria, Lombardy, Trentino-Alto Adige, Veneto, Friuli – Venezia Giulia, Emilia-Romagna; Center: Tuscany, Umbria, Marche, Lazio; South: Abruzzo, Molise, Campania, Puglia, Basilicata, Calabria; Islands: Sicily, Sardinia
At the regional level, the top 4 regions (Puglia, Tuscany, Calabria, and Umbria) hold the 65.8% of the total national stock.
At provincial level, it is clear a significant concentration of olive oil stocks: in the top 10 provinces is stocked the 61.3% of the Italian olive oil.
Which olive oil in the olive mill Italy?
Despite the large number of GIs present (50), out of a total of 8.7 million litres of GI olive oil in stock, lower than the stocks recorded the 31 October 2022 (13.5 million litres), the PGIs Toscano e Sicilia e le PDOs Val di Mazara e Terra di Bari represent the 66.7% and the first 20 names 95.9% of the total GIs olive oil stocked in Italy.
Overall, the PDO / PGI olive oil in stock is equal to 5.6% of the total olive oil stocked in Italy and represents 8.3% of the stored EVO oil.
The total stock of “extra virgin olive oil” and “virgin olive oil” from organic farming amounts to 20,247 tons (-38.2% of the value recorded the same period of last year), almost exclusively EVO (99.8%), equal to 21.0% of the overall EVO stocked in Italy. The olive oil BIO is mainly stocked in Puglia, Sicily, Tuscany, and Calabria.
Olive oil stocks 31 October 2023 vs. 31 October 2022
Olive oil stocks are lower (-34.3%) compared to 31 October 2022. This is mainly related to the decrease of EVO (-42.3%) and pomace olive oil (-25.9%), partially counterbalanced by the increase of lampante olive oil (+28.8%).
On regard of EVO oil, it is important to remark that Italian EVO oil stocked (45,030 t) are lower than the stock of 31 October 2022 (-53.2%).
Olive oil stocks 31 October 2023 vs. 30 September 2023
Compared to 30 September 2023, a 7.7% decrease of olive oil stocks is recorded. This is related to the decrease of all categories of olive oil and, primarily, of EVO oil (-8.6%), mainly of EU origin (- 12,367 t), and olive oil and refined olive oil (-16,7%).
A slight increase was observed in the stock of Italian EVO (+6,349 t).
Photo Olio Officina©