South American Real Estate News

Argentina’s Olive Oil Production Expected to Double By 2020

Post available in: English

Industry analysts have announced that olive oil is now the country’s fastest-growing agricultural commodity and expect production to double in size by 2020, according to the Agri-Food and Agribusiness Strategic Plan of Argentina’s Ministry of Agriculture, Livestock and Fisheries. Rapid growth and improved technology in recent years has positioned Argentina among the world’s top producers of olive oil and table olives.

Exports generated over US$30 million in the first trimestre of 2011 alone. The industry grew by 146.1 percent between 2000 and 2010, a year in which sales abroad reached 85,324 tons valued at US$43.1 million. Growth is expected to continue over the next decade, as olive growing surface expands to 110,720 hectares and annual production surpasses 100,000 tons, firmly establishing Argentina among the top olive oil producers in the world. “The country has the potential to become one of the major players in the world’s olive oil industry,” said Cesar Angel Matias, a specialist at the National Institute of Agricultural Technology (INTA) of Catamarca.

The enthusiasm for Argentinian oil will culminate at the upcoming INTA Expone NOA olive oil expo in the Salta province April 20-22. The event will feature different presentations designed to teach consumers about the olive oil production process, from seed to the table. Tasting and technical information will also be provided.

Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Uruguay and Chile, providing expert advice on property acquisition and investment tours.

The Gateway Team – When You are Serious About Property #adp02

(Visited 107 times, 1 visits today)

About Gateway to South America

Gateway to South America was established in 2006 as a single office in Buenos Aires. The company has since expanded into a vibrant regional network, servicing the Southern Cone clients in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay with professional real estate marketing services. If you enjoy reading our news site please share it on your social media below.

Post available in: English


Comments from our readers

Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on PinterestCheck our RSS Feed