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Algeria, an attractive country for the olive oil industry

Algeria, an attractive country for the olive oil industry

2019/23/01 - The olive oil sector is in full expansion in Algeria. In fact, in just a few years, it has grown from 150,000 hectares to 500,000 hectares of olive groves and the country aims to reach one million hectares in the medium term, a situation that makes it particularly attractive for Spanish companies related to the olive industry and olive oil, as highlighted by the Algerian Spanish Business Circle (CNEA).

In this regard, the Pins Maritimes-SAFEX-Algiers Fairgrounds (CASBAH Pavilion) will host the third edition of Med Mag Oliva 2019, to be held from 3 to 6 April under the slogan "From self-sufficiency to the conquest of the international market".

More than 120 companies will be exhibiting, of which 70% will be Algerian and 30% foreign. The countries that will be represented are Italy, Spain, Turkey, Tunisia and the presence of France and Greece is also expected.

The CNEA has explained that the lack of technical knowledge in Algeria and the need for new technologies through the acquisition of equipment and machinery for grinding, storage and packaging, also adds the willingness of public authorities to support the olive sector in its development to guarantee self-sufficiency and generate a surplus for export.

On the other hand, they believe that the proximity and good relations between Algeria and Spain are also an asset so that Spanish companies have an interest in being present at this fair to gain market share in the Algerian market that is in full development.

The strategic plan of the Algerian Government for the olive sector is quinquennial and 2019 is the year of the evaluation of what has been achieved through this initiative, as well as the preparation of the next project that will be comprised between 2019 and 2023 and that will focus in the improvement of quality and processes and the appearance of different labels.

In addition, it will also take into account the industrialization of the olive grove, which has already begun with the granting of thousands of hectares to large investors to diversify the olive heritage with varieties that favor intensive and super-intensive cultivation, preserving and safeguarding native varieties highly appreciated for their flavor.

For this edition, the CNEA has stressed that the Spanish companies that are going to find greater opportunities are those that can deliver "turnkey" projects to Algerian investors who have decided to undertake projects related to the planting of olive trees and production of olive oil. Also for the companies that manufacture filling, packaging and labeling machines.

And, according to this entity, there are currently 800 traditional oil mills that are destined to disappear and that must become new continuous chains. In addition, the problem of labor and the archaic methods of olive harvesting will require the mechanization of olive harvesting and pruning.

At the same time, taking into account that we want to move towards quality, we believe that storage conditions should also be improved, such as stainless steel tanks of small, medium and large capacity. It also supports the association of Algerian-Spanish companies in the creation of nurseries and ensures that there are great opportunities for Spanish training companies related to olive oil.

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