Olio extravergine d'oliva. Entro fine anno i prezzi potrebbero calare del 40%
📈 Zefferino Monini, CEO of the leading Italian olive oil company Monini, forecasts a price drop of extra virgin olive oil under €10 per liter by the end of the year, with a potential decrease of 30%-40%. Global consumption is expected to hit around 3 million tonnes by 2025, up from 2.7 million in 2024, as production could reach 3.3 to 3.5 million tonnes. Italy's production will be lower due to unfavorable weather but will not affect prices. Monini has planted over 700,000 olive trees in their sustainability project, aiming for 1 million by 2030. Monini’s 2023 sustainability report highlights 23 million liters of olive oil sold, €195 million in revenue, products exported to 61 countries, 624 hectares of organic olive groves, a 34.7% reduction in CO2 emissions, and 99.9% precision irrigation in Bosco Monini. The company also supports educational projects and scientific research.
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