The Portuguese production of olive oil should record a drop of up to 50% compared to the previous campaign. This is because production is affected by two main reasons: firstly, it is taking place during the off-season; secondly, it is altered by the drought.It is estimated that national production may suffer a drop of 30% to 40% compared to the previous campaign, and in some regions of traditional olive groves, these breaks could even reach 50%.
In Portugal, contrasting with the summer when in many areas the water content in the soil consumes the permanent wilting point, it is currently at the capacity of field, throughout the North Region, as a result of the extraordinary amount of accumulated from October to December 2022.
In the sub-region of Trás-os-Montes, the production of table olives and olive oil points to a significant decrease, as a result of the high temperatures recorded in May, when the olive tree is in full bloom.
Sources: Instituto Nacional de Estatistica / Jornal de noticias