They are contained in national tanks 242.803 tons of olive oil. This is the data as of March 31st published by the monthly Fraud Repression Report. Almost three quarters of the oil stock, 73,9% to be precise, is extra virgin olive oil, predominantly Italian (69,9%, equal to 125.469 t).
To hold over half of the national stock – 55,7% – is Southern Italy, with the significant contribution of the Puglia and Calabria regions (39,8% and 9,6%, respectively). But the oil industries of Tuscany and Umbria have already taken steps to accumulate sufficient stocks, so much so that these two regions together have 64 thousand tons (38,3 thousand the first, 25,7 thousand the second), purchased, as regards Italian oil, mainly from Puglia, Calabria and Sicily.
Despite the large number of Registered Geographical Indications (50), out of a total of 19,6 million liters of GI oil in stock - an increase compared to 31 March 2023 (19,0 million liters, +3,2%) - are theand the usual four represent over 75% of the certified oil: in order la DOP Terra di Bari, followed by the PGI Sicily which displaced both L. and L. from second place'PGI Val di Mazara that l 'Tuscan IGP.
All in all, the DOP/IGP oil in stock is equal to 7,4% of the total present in Italy and constitutes 10,0% of the EVO oil stored.
The total stock of “extra virgin olive oil” and “virgin olive oil” from organic farming is equal to 38.327 tons (+1,9% compared to the same period of the previous year), of which 99,7% EVO, equal to 21,3% of the total EVO held in Italy. ORGANIC oil is mainly held in Puglia, Tuscany, Sicily and Calabria.
Le oil stocks as of March 31, 2024 they result from 18,8% lower than the same period of the previous year. This is due to the reduction in stocks of all categories of oil and, in particular, of EVO oil (-18,5%), lampante olive oil (-26,8%) and olive pomace oil ( - 25,7%). As part of the EVO it is worth mentioning the data on the quantity of product of Italian origin which, with 125.469 t, is 7,3% higher than on 31 March 2023, but not enough to compensate for the strong reduction in stocks of EVO oils of EU origin (-56,1%).
