China becomes major consumer of olive oil Italian national team
September 20, 2007 China Business Times The reporter learned from the circuitous promotion events hosted by EU Funds, the Italian National Olive Group and the Italian Trade Commission, China has become one of the major consuming countries.
In 2006, the export volume of Italian olive oils exceeded 1 billion euros, setting a new record of exports. Oceania, the United States, Canada, China and Japan and other countries and regions registered the most export growth. Italy established a leading position in terms of production and sales of olive oil in the world.
It is known that the world's olive oil production is around 3 million tons and olive oils in the Spain, Italy, Greece and other countries are most famous with the longest history of production. Spanish olive oil ranks top in terms of output and second in terms of export volume in the world, only next to Italy. Italy ranks second in terms of output and the biggest consumer, exporter and importer of olive oils in the world.
Italy's olive oil output nearly accounts for almost 1/3 of the whole world. In the central, southern and some northern regions the virgin olive oil is known for its premium quality. According to Chinese customs statistics, at present the high-end virgin olive oil accounts for 35% of the total import with great rooms for the growth in China.
It is understood that, according to internationally accepted levels of olive oil of four standards, i.e. the best-quality olive oil is the extra virgin olive oil with the oil-water separation of natural fruit oil after the physical cold-pressing of the fresh olive fruits. It undergoes virtually no chemical processing, with a high nutritional value and great palatability, good for health. The promotion events of Italian olive oils also include how to prepare the Chinese cuisine with olive oils.
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