The Ministries of Agriculture and Trade have decided to raise the official reference price of extra virgin olive oil to 10,200 dinars per kilogram at the oil mill level. A measure intended to regulate the current olive growing campaign and to support those involved in the sector.
An adjustment to supervise the olive campaign
In a joint press release, the two ministerial departments announced the upward revision of the reference price of extra virgin olive oil, now set at 10,200 dinars per kilogram. This decision comes as part of the regular monitoring of the olive growing season, marked by major economic challenges for the agricultural sector.
The authorities emphasize that this mechanism aims above all to protect the sector, in particular small producers, while contributing to the promotion of the quality of Tunisian olive oil, a flagship product of national agriculture.
A reference price expected to evolve
The Ministries of Agriculture and Commerce have clarified that this price is not fixed. It remains mobile and will be subject to weekly reviews, depending on market fluctuations and changes in supply and demand.
This flexibility aims to better support the dynamics of the sector, limit imbalances and guarantee better transparency in transactions between producers, oil mills and other stakeholders in the value chain.
The stated objective is to strengthen the stability of the olive sector and consolidate its strategic role in the national economy. The olive oil sector remains a pillar of Tunisian agricultural exports and an essential source of income for thousands of farmers.
This revision of the reference price is part of a context of increased vigilance around the olive sector, faced with the volatility of international markets, production costs and the imperatives of competitiveness.
