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China’s Olive Oil Industry Poses Challenge to Greece

China’s Olive Oil Industry Poses Challenge to Greece

Hellenic Shipping News

hina is emerging as a rising player in the global olive

hina is emerging as a rising player in the global olive oil industry, a development that could challenge Greece’s centuries-old dominance of what is often called the Mediterranean’s “liquid gold.”

According to the Greek Consulate’s Economic and Commercial Office in Shanghai, the Chinese olive oil market has already surpassed 8 billion RMB and is expected to maintain annual growth of 8–10%. While imports still drive much of the demand, local cultivation is expanding at a fast pace.

Rapid growth in production

Between 2018 and 2023, China’s olive-growing area increased by 69%, from 1.2 million to 2.03 million mu (one mu equals 0.0667 hectares). Production has flourished in provinces such as Gansu, Sichuan, Chongqing, and Yunnan, where farmers have successfully adapted Mediterranean olive varieties.

Several domestic brands, including Luhua, Doriti, and GreenGem, have already gained recognition in the Chinese market.

Weak Greek exports

Greek olive oil exports to China remain limited and in decline, falling from €1.33 million in 2000 to just €795,000 in 2024. By contrast, total bilateral trade heavily favors China: of €7.35 billion in trade volume, €6.94 billion represents Chinese exports to Greece, while Greek exports account for only €414 million.

This imbalance raises the

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