13 Hrs
Source:
اقتصاد
Jordan's Olive Oil Income
The olive season is a source of income for around 250,000 Jordanian families. Investment in the sector is estimated at more than one billion dinars, and Jordan has around 11 million olive trees. Forecasts point to production of nearly 30,000 tonnes of olive oil in the 2026 season, compared with local needs of about 25,000 tonnes—potentially leaving a surplus of around 5,000 tonnes. Jordan has therefore temporarily halted exports to ensure local demand is met. At the start of the season, the price of a 16-litre tin of olive oil exceeded 115 dinars, even though only around 10% of the harvest had been picked. Harvesting was delayed by two to three weeks because of weather conditions. Officials attribute the price increases to limited supply and production costs, estimated at 75 to 80 dinars per tin. The relevant authorities are monitoring the oil’s quality and warn consumers against buying products from untrustworthy sources.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)