KEY FACTORS DRIVING PDO OLIVE OIL PRICES AT ORIGIN IN SPAIN
Spain, the world's leading producer of extra virgin olive oil (EVOO), has 29 protected designations of origin (PDOs) in this sector in 2021. The objectives of this research are, first, to analyze the differences in the origin value of this product with differentiated quality, based o...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Bologna University press
2025-03-01
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| Series: | New Medit |
| Online Access: | https://newmedit.ciheam.org/2024/12/09/key-factors-driving-pdo-olive-oil-prices-at-origin-in-spain/ |
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| Summary: | Spain, the world's leading producer of extra virgin olive oil (EVOO), has 29 protected
designations of origin (PDOs) in this sector in 2021. The objectives of this research
are, first, to analyze the differences in the origin value of this product with differentiated
quality, based on the geographic area of origin; and, secondly, using panel data
methodology, to research how certain variables such as the age of the PDO, the
production volume, the orientation of part of the supply towards international markets
or the development of oleotourism activities in a territory influences the average price
paid to the producer. The results show that age, export to non-EU countries and
oleotourism positively affect the product’s value. These findings should be taken into
account in the design of possible actions by companies, PDO Regulatory Councils
(RCs) and influential institutions in the sector, at European, national and regional
levels. This article contributes to the evaluation of EU's agri-food product quality policy
and examines the factors influencing the price at origin of certified products, which
condition the sector's profitability and the future of PDO-certified production. |
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| ISSN: | 2611-1128 |