Olive oil export revenues up 91.4% at end of April 2024

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Revenues generated by Tunisian olive oil exports have picked up to TND 3,436.1 million as of the end of April 2024, according to the National Agricultural Observatory (ONAGRI). This marks a remarkable 91.4% increase over the first six months of the 2023/24 campaign compared to the same period in the 2022/23 campaign. In terms of volume, Tunisian olive oil exports have seen a noticeable rise of 11.5%, reaching 128,700 tonnes. This higher export revenues have been driven by a 71.7% surge in the average olive oil price, from TND 15.55/kg to TND 26.71 /kg, said ONAGRI. Regarding organic olive oil exports, they have reached 29,446 tonnes valued at TND 795 million, with an average price of TND 27/kg. Their share in Tunisia's overall olive oil exports stands at 23% and 23.1% in terms of quantity and value, respectively. Source: Agence Tunis Afrique Presse

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