Book Reviews | Gordon Campbell | Scoop News | Wellington Scoop | Community Scoop | Search

 

AUS: Australia's olive industry

Rural Industries Research & Development Corporation

Stuffed, pitted or squeezed: The good oil on Australia's olive industry

20 August 1999

Olives are one of Australia's new sunrise industries, with groves being planted across the country almost every day.

But a new report released today by the Rural Industries Research and Development Corporation (RIRDC) warns the industry could be squeezed by increased world production which, for the first time this year, will exceed consumption.

It found Australia's projected olive harvest would jump from 2500 tonnes this year to between 37,500t and 52,500t by 2006 as producers attempted to cash in on the $110 million worth of olive products imported into Australia every year.

However the growth in domestic production will coincide with increased production in major Mediterranean countries as they modernise the traditional industry.

The report uses secondary market data from major olive producing countries, including Australia, and primary data on domestic consumption trends from a survey of 1000 people in Sydney, Melbourne and Brisbane.

Researcher Edith Gomez, of the Department of Primary Industries, Queensland, said the report gave an insight into the prospects for the olive industry from an international perspective.

She said producers had to recognise olives, and particularly olive oil, were traded as international commodities and subject to the laws of supply and demand.

There was concern that world olive production had exceeded world demand for the first time. If demand did not increase and production continued to rise, a depressed world market was expected with lower prices.

But, there were opportunities in domestic markets which are almost entirely made up of imported products.

"Australian consumption has grown in the past 10 years from a $30 million market in 1988 to $110m in 1997," Ms Gomez said.

"To obtain a 20-40 per cent proportion of this market within 10 years, in line with the projected domestic tree plantings, will be an onerous task that will require the development of strategic production, processing and marketing plans.

"Endeavoring to attain more than 50 per cent market share, as may be the case with virgin olive oil, may require an exceptional business plan involving the whole industry."

The report concludes by calling on the industry to take a unified approach in association with importers, distributors and international associations to develop in-line with projections.

The Olive Industry - A Marketing Study is available for $15 by calling (02) 6272 4819

© Scoop Media

 
 
 
World Headlines

 



UN: Conflict, COVID, Climate Crisis, Likely To Fuel Acute Food Insecurity In 23 ‘Hunger Hotspots’

Life-saving aid to families on the brink of famine is being cut off in several countries by fighting and blockades, the UN's Food and Agriculture Organization (FAO) and World Food Programme (WFP) said in a new report issued on Friday... More>>


Oxfam: Vaccine Monopolies Make Cost Of Vaccinating The World Against Covid At Least Five Times More Expensive Than It Could Be

The cost of vaccinating the world against COVID-19 could be at least five times cheaper if pharmaceutical companies weren’t profiteering from their monopolies on COVID-19 vaccines, campaigners from the People’s Vaccine Alliance said today...
More>>

Afghanistan: Record Number Of Women And Children Killed Or Wounded

More women and children were killed and wounded in Afghanistan in the first half of 2021 than in the first six months of any year since records began in 2009, a United Nations report revealed on Monday... More>>


Focus On: UN SDGs



Food Systems: More Than 100 Countries Discuss Visions For Futures To Accelerate Global Action Ahead Of September Summit

More than 100 countries came together over the course of three-days to discuss how they will transform their national food systems to drive progress against the Sustainable Development Goals by 2030... More>>


Food Systems: Italian & Rwandan Leaders Join Urgent Call To Transform World’s Food Systems As Pre-Summit Begins

Italian Prime Minister Mario Draghi and Rwandan President Paul Kagame stress need for more inclusive, sustainable and holistic approaches ahead of the Summit in New York in September... More>>


UN: Play:Fair For People And Planet – A Major United Nations Music Activation
organized by the UN SDG Action Campaign in partnership with Music Innovation Hub, Keychange, the city of Milan, the Milan Triennale, and partners from the SDG Music Network, will be held at an unexpected location in the center of Milan, Italy, taking into account safety measures with a limited on-site audience consisting of activists and fans... More>>