Olive oil stocked in Italy. Update of 31 March 2022
The Report is drawn up by the Icqrf on data recorded in the olive oil computerized registers, which at 31 March 2022 are 22,129. Olive oils: 338,881 tons in stocks. Compared to 28 February 2022 a 6.7% decrease was recorded (363,086 tons). Stocks are 7.5% lower than the stocks recorded the same period of last year
The stock of olive oil in Italy on 31 March 2022 is 338,881 tons. Extra Virgin Olive Oil, Evo, represents the 75.7% of the stock. In the category of Evo oil, stocks of olive oil of Italian origin (158,166 t) represent the 61.6%, followed by those of Eu origin 33.1%. The extra-Eu olive oil stocks and blend olive oils are marginal.
Olive oil stocked in Italy
Where is physically stocked the olive oil in Italy?
More than half of the national olive oil (55%) is stocked in the regions of southern Italy, with the significant contribution of the regions Puglia and Calabria (37.7% and 9.3%, respectively). At the provincial level, 17.9% of olive oil is stocked in the province of Bari, 9.5% in Perugia and Barletta- Andria-Trani provinces.
 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, Umbria, and Calabria) hold the 70.4% 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 66.1% of the Italian olive oil.
Which olive oil in the olive mill Italy?
Despite the large number of GIs present (49), out of a total of 23.3 million litres of GI olive oil in stock, lower than the stocks recorded the 28 February 2022 (25.9 million litres), the Pdo Terra di Bari represent the 47.2% and the first 20 names 97.2% of the total GIs olive oil stocked in Italy. Overall, the Pdo/ Pgi olive oil in stock is equal to 6.3% 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 45,886 tons (+15.0% of the value recorded the same period of last year), almost exclusively Evo (99.8%), equal to 17.9% of the overall Evo stocked in Italy. The olive oil Bio is mainly stocked in Puglia, Calabria, Sicily, and Tuscany.
Olive oil stocks 31 March 2022 vs. 31 March 2021
Olive oil stocks are 7.5% lower compared to 31 March 2021. This is related to the decrease of all olive oil categories: Evo oil (-1.9%), lampante olive oil (-31.9%), pomace olive oil (-17.4%), olive oil and refined olive oil (-21.4%), and virgin olive oil (-24.5%). On regard of Evo oil, it is important to remark that Italian Evo oil stocked are 20.4% higher than the same period of 2021.
Olive oil stocks 31 March 2022 vs. 28 February 2022
Compared to 28 February 2022, a 6.7% reduction of olive oil stocks is recorded. This is related mainly to the decrease of Evo oil (-6.9%), either of Italian origin (-7.5%) and Eu origin (-7.8%), but also to lampante olive oil (-5.6%), and pomace olive oil (-4.5%).
Photo by Olio Officina©
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