IBOV 173,435 ▲ 1.02% IPSA 10,812 ▼ 0.26% IPC MEX 67,913 ▲ 0.99% MERVAL 3,121,855 ▼ 1.48% COLCAP 2,272.60 ▲ 0.57% BVL PERÚ 55,499.93 — 0.00% USD/BRL5.19▼ 0.38% USD/MXN17.46▼ 0.56% USD/CLP918.62▼ 0.74% USD/COP3,341▼ 2.57% USD/PEN3.41▼ 0.25% USD/ARS1,488▼ 0.10% USD/UYU40.20▲ 1.66% USD/PYG6,052▲ 1.58% USD/BOB6.85▲ 1.65% USD/DOP58.67▼ 0.21% USD/CRC450.22▲ 1.67% USD/GTQ7.62▲ 2.45% USD/HNL26.70▲ 1.66% USD/NIO36.62▲ 0.92% USD/VES638.10▲ 8.77% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.39▲ 1.10% USD/TTD6.70▲ 0.75% EUR/BRL5.94▲ 0.62% BRENT 70.84 ▼ 1.02% WTI 67.72 ▼ 1.25% IRON ORE 161.91 — — COPPER 6.20 ▲ 1.29% GOLD 4,142 ▲ 1.82% SILVER 62.18 ▲ 3.48% SOY 1,154 ▲ 2.49% CORN 445.00 ▲ 5.70% WHEAT 607.50 ▲ 2.62% COFFEE 310.65 ▼ 4.21% SUGAR 15.14 ▲ 1.00% ORANGE JUICE 169.85 ▼ 2.89% COTTON 77.72 ▲ 6.06% COCOA 5,047 ▲ 0.82% BEEF 241.43 ▼ 0.17% CATTLE 363.70 ▼ 0.12% LITHIUM 77.96 ▼ 0.01% PETR4 38.28 ▲ 1.19% VALE3 78.88 ▲ 1.17% ITUB4 42.82 ▲ 0.90% BBDC4 18.26 ▲ 0.88% ABEV3 16.36 ▲ 0.99% BBAS3 19.92 ▲ 0.96% B3SA3 14.62 ▲ 1.53% WEGE3 46.14 ▼ 0.26% PRIO3 52.54 ▲ 0.27% SUZB3 40.86 ▲ 0.67% RENT3 41.49 ▲ 1.00% AZZA3 17.38 ▲ 1.94% CSAN3 3.77 ▲ 1.89% RAIZ4 0.40 — 0.00% PCAR3 2.35 ▲ 2.62% GMAT3 3.65 ▲ 2.24% PSSA3 53.29 ▲ 0.60% CVCB3 1.36 ▼ 0.73% POSI3 4.09 ▲ 0.25% SLCE3 12.85 ▲ 1.58% NATU3 8.51 ▼ 0.82% BRKM5 6.28 ▲ 1.29% RANI3 7.95 — 0.00% CSNA3 4.78 ▲ 4.14% CMIN3 4.25 ▲ 2.66% USIM5 8.77 ▲ 1.98% GGBR4 21.17 ▲ 1.34% ENEV3 26.45 ▲ 0.76% NEOE3 33.80 — 0.00% CPFE3 44.72 ▲ 1.04% CMIG4 10.90 ▲ 0.83% EQTL3 39.45 ▲ 1.83% LREN3 15.03 ▲ 1.14% VIVT3 34.28 ▲ 1.48% RAIL3 13.35 ▲ 1.37% KLABIN 17.03 ▲ 0.65% RAIA DROGASIL 16.83 ▲ 0.78% RDOR3 35.35 ▲ 0.94% HAPV3 10.72 ▲ 1.61% FLRY3 15.54 ▲ 0.39% SMTO3 15.84 ▼ 0.57% UGPA3 26.47 ▲ 1.65% VBBR3 29.78 ▲ 1.02% BBSE3 38.52 ▲ 1.02% BPAC11 54.68 ▲ 1.26% CURY3 35.09 ▲ 0.86% AERI3 2.05 ▲ 0.99% VIVARA 22.77 ▲ 1.11% COMPASS 24.85 ▲ 1.22% VAMOS 2.81 ▲ 2.18% SANB11 27.00 ▲ 1.28% ASAI3 8.70 ▲ 0.46% SBSP3 30.06 ▲ 0.70% WALMEX 51.38 ▲ 0.61% GMEXICO 198.33 ▲ 0.69% FEMSA 226.68 ▲ 1.12% CEMEX 21.75 ▲ 1.83% GFNORTE 192.35 ▲ 1.36% BIMBO 57.27 ▲ 1.78% TELEVISA 9.57 ▲ 0.31% AMX 22.85 ▲ 1.38% GAP 441.74 ▼ 0.48% ASUR 309.94 ▲ 0.30% OMA 245.56 ▼ 0.13% KOF 187.22 ▲ 0.85% GRUMA 281.93 ▲ 0.98% KIMBER 38.60 ▲ 0.10% SQM-B 68,500 ▼ 0.31% COPEC 5,815 ▲ 0.26% BSANTANDER 76.12 ▲ 1.49% FALABELLA 5,775 — 0.00% ENELAM 82.00 — 0.00% CENCOSUD 2,103 ▲ 0.10% CMPC 1,032 ▲ 0.10% BANCO CHILE 181.70 ▲ 1.22% LATAM AIR 26.60 ▲ 0.76% YPF 70,300 — 0.00% GGAL 7,685 — 0.00% PAMPA 5,040 — 0.00% TXAR 664.50 — 0.00% ALUAR 983.00 — 0.00% TGS 9,015 — 0.00% CEPU 2,272 — 0.00% MIRGOR 16,350 — 0.00% COME 41.41 — 0.00% LOMA NEGRA 3,538 — 0.00% BYMA 304.25 — 0.00% TELECOM ARG 3,968 — 0.00% ECOPETROL 14.82 ▲ 2.56% BANCOLOMBIA 79.73 ▲ 1.98% GRUPO AVAL 5.23 ▲ 2.95% CREDICORP 391.54 ▲ 1.17% SOUTHERN COPPER 174.84 ▲ 3.58% BUENAVENTURA 30.33 ▲ 3.87% MERCADOLIBRE 1,763 ▲ 1.17% NUBANK 13.54 ▲ 1.12% XP 16.53 ▲ 2.16% PAGSEGURO 9.20 ▲ 1.60% STONE 11.29 ▲ 2.73% GLOBANT 33.02 ▲ 5.19% TECNOGLASS 46.93 ▼ 0.09% GAP AIRPORT 254.16 ▲ 0.69% ASUR 309.94 ▲ 0.30% OMA AIRPORT 112.60 ▲ 0.35% AMX ADR 26.13 ▲ 2.03% FEMSA ADR 129.77 ▲ 1.30% CEMEX ADR 12.48 ▲ 2.84% PETROBRAS ADR 16.33 ▲ 2.13% VALE ADR 15.13 ▲ 1.51% ITAU ADR 8.24 ▲ 1.35% SANTANDER BR 5.27 ▲ 1.45% AMBEV ADR 3.14 ▲ 0.96% CSN 0.94 ▲ 4.42% GERDAU 4.09 ▲ 1.62% LATAM ADR 57.91 ▲ 1.76% BTC 62,022 ▲ 3.36% ETH 1,715 ▲ 6.57% SOL 81.21 ▲ 4.94% XRP 1.10 ▲ 4.74% BNB 564.72 ▲ 2.66% ADA 0.16 ▲ 5.10% DOGE 0.08 ▲ 4.22% AVAX 6.82 ▲ 2.36% LINK 7.91 ▲ 7.56% DOT 0.86 ▲ 4.27% LTC 43.78 ▲ 2.64% BCH 217.62 ▲ 3.51% TRX 0.32 ▲ 0.98% XLM 0.20 ▲ 2.03% HBAR 0.07 ▲ 3.96% NEAR 1.94 ▲ 7.74% ATOM 1.57 ▲ 2.05% AAVE 87.42 ▲ 5.13% SELIC 14.25% EMBRAER 83.24 ▲ 1.67% EMBRAER ADR 64.29 ▲ 1.97% JBS 12.26 ▲ 1.57% JBS BDR 63.60 ▲ 1.68% MBRF3 17.83 ▼ 0.94% MBRFY 3.21 — 0.00% INTER 5.57 ▲ 1.46% IBOV 173,435 ▲ 1.02% IPSA 10,812 ▼ 0.26% IPC MEX 67,913 ▲ 0.99% MERVAL 3,121,855 ▼ 1.48% COLCAP 2,272.60 ▲ 0.57% BVL PERÚ 55,499.93 — 0.00% USD/BRL 5.19 ▼ 0.38% USD/MXN 17.46 ▼ 0.56% USD/CLP 918.62 ▼ 0.74% USD/COP 3,343 ▼ 2.53% USD/PEN 3.41 ▼ 0.25% USD/ARS 1,488 ▼ 0.10% USD/UYU 40.20 ▲ 1.66% USD/PYG 6,052 ▲ 1.58% USD/BOB 6.85 ▲ 1.65% USD/DOP 58.67 ▼ 0.21% USD/CRC 450.22 ▲ 1.67% USD/GTQ 7.62 ▲ 2.45% USD/HNL 26.70 ▲ 1.66% USD/NIO 36.62 ▲ 0.92% USD/VES 638.10 ▲ 8.77% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.39 ▲ 1.10% USD/TTD 6.70 ▲ 0.75% EUR/BRL 5.94 ▲ 0.62% BRENT 70.84 ▼ 1.02% WTI 67.72 ▼ 1.25% IRON ORE 161.91 — — COPPER 6.20 ▲ 1.29% GOLD 4,142 ▲ 1.82% SILVER 62.18 ▲ 3.48% SOY 1,154 ▲ 2.49% CORN 445.00 ▲ 5.70% WHEAT 607.50 ▲ 2.62% COFFEE 310.65 ▼ 4.21% SUGAR 15.14 ▲ 1.00% ORANGE JUICE 169.85 ▼ 2.89% COTTON 77.72 ▲ 6.06% COCOA 5,047 ▲ 0.82% BEEF 241.43 ▼ 0.17% CATTLE 363.70 ▼ 0.12% LITHIUM 77.96 ▼ 0.01% PETR4 38.28 ▲ 1.19% VALE3 78.88 ▲ 1.17% ITUB4 42.82 ▲ 0.90% BBDC4 18.26 ▲ 0.88% ABEV3 16.36 ▲ 0.99% BBAS3 19.92 ▲ 0.96% B3SA3 14.62 ▲ 1.53% WEGE3 46.14 ▼ 0.26% PRIO3 52.54 ▲ 0.27% SUZB3 40.86 ▲ 0.67% RENT3 41.49 ▲ 1.00% AZZA3 17.38 ▲ 1.94% CSAN3 3.77 ▲ 1.89% RAIZ4 0.40 — 0.00% PCAR3 2.35 ▲ 2.62% GMAT3 3.65 ▲ 2.24% PSSA3 53.29 ▲ 0.60% CVCB3 1.36 ▼ 0.73% POSI3 4.09 ▲ 0.25% SLCE3 12.85 ▲ 1.58% NATU3 8.51 ▼ 0.82% BRKM5 6.28 ▲ 1.29% RANI3 7.95 — 0.00% CSNA3 4.78 ▲ 4.14% CMIN3 4.25 ▲ 2.66% USIM5 8.77 ▲ 1.98% GGBR4 21.17 ▲ 1.34% ENEV3 26.45 ▲ 0.76% NEOE3 33.80 — 0.00% CPFE3 44.72 ▲ 1.04% CMIG4 10.90 ▲ 0.83% EQTL3 39.45 ▲ 1.83% LREN3 15.03 ▲ 1.14% VIVT3 34.28 ▲ 1.48% RAIL3 13.35 ▲ 1.37% KLABIN 17.03 ▲ 0.65% RAIA DROGASIL 16.83 ▲ 0.78% RDOR3 35.35 ▲ 0.94% HAPV3 10.72 ▲ 1.61% FLRY3 15.54 ▲ 0.39% SMTO3 15.84 ▼ 0.57% UGPA3 26.47 ▲ 1.65% VBBR3 29.78 ▲ 1.02% BBSE3 38.52 ▲ 1.02% BPAC11 54.68 ▲ 1.26% CURY3 35.09 ▲ 0.86% AERI3 2.05 ▲ 0.99% VIVARA 22.77 ▲ 1.11% COMPASS 24.85 ▲ 1.22% VAMOS 2.81 ▲ 2.18% SANB11 27.00 ▲ 1.28% ASAI3 8.70 ▲ 0.46% SBSP3 30.06 ▲ 0.70% WALMEX 51.38 ▲ 0.61% GMEXICO 198.33 ▲ 0.69% FEMSA 226.68 ▲ 1.12% CEMEX 21.75 ▲ 1.83% GFNORTE 192.35 ▲ 1.36% BIMBO 57.27 ▲ 1.78% TELEVISA 9.57 ▲ 0.31% AMX 22.85 ▲ 1.38% GAP 441.74 ▼ 0.48% ASUR 309.94 ▲ 0.30% OMA 245.56 ▼ 0.13% KOF 187.22 ▲ 0.85% GRUMA 281.93 ▲ 0.98% KIMBER 38.60 ▲ 0.10% SQM-B 68,500 ▼ 0.31% COPEC 5,815 ▲ 0.26% BSANTANDER 76.12 ▲ 1.49% FALABELLA 5,775 — 0.00% ENELAM 82.00 — 0.00% CENCOSUD 2,103 ▲ 0.10% CMPC 1,032 ▲ 0.10% BANCO CHILE 181.70 ▲ 1.22% LATAM AIR 26.60 ▲ 0.76% YPF 70,300 — 0.00% GGAL 7,685 — 0.00% PAMPA 5,040 — 0.00% TXAR 664.50 — 0.00% ALUAR 983.00 — 0.00% TGS 9,015 — 0.00% CEPU 2,272 — 0.00% MIRGOR 16,350 — 0.00% COME 41.41 — 0.00% LOMA NEGRA 3,538 — 0.00% BYMA 304.25 — 0.00% TELECOM ARG 3,968 — 0.00% ECOPETROL 14.82 ▲ 2.56% BANCOLOMBIA 79.73 ▲ 1.98% GRUPO AVAL 5.23 ▲ 2.95% CREDICORP 391.54 ▲ 1.17% SOUTHERN COPPER 174.84 ▲ 3.58% BUENAVENTURA 30.33 ▲ 3.87% MERCADOLIBRE 1,763 ▲ 1.17% NUBANK 13.54 ▲ 1.12% XP 16.53 ▲ 2.16% PAGSEGURO 9.20 ▲ 1.60% STONE 11.29 ▲ 2.73% GLOBANT 33.02 ▲ 5.19% TECNOGLASS 46.93 ▼ 0.09% GAP AIRPORT 254.16 ▲ 0.69% ASUR 309.94 ▲ 0.30% OMA AIRPORT 112.60 ▲ 0.35% AMX ADR 26.13 ▲ 2.03% FEMSA ADR 129.77 ▲ 1.30% CEMEX ADR 12.48 ▲ 2.84% PETROBRAS ADR 16.33 ▲ 2.13% VALE ADR 15.13 ▲ 1.51% ITAU ADR 8.24 ▲ 1.35% SANTANDER BR 5.27 ▲ 1.45% AMBEV ADR 3.14 ▲ 0.96% CSN 0.94 ▲ 4.42% GERDAU 4.09 ▲ 1.62% LATAM ADR 57.91 ▲ 1.76% BTC 62,022 ▲ 3.36% ETH 1,715 ▲ 6.57% SOL 81.21 ▲ 4.94% XRP 1.10 ▲ 4.74% BNB 564.72 ▲ 2.66% ADA 0.16 ▲ 5.10% DOGE 0.08 ▲ 4.22% AVAX 6.82 ▲ 2.36% LINK 7.91 ▲ 7.56% DOT 0.86 ▲ 4.27% LTC 43.78 ▲ 2.64% BCH 217.62 ▲ 3.51% TRX 0.32 ▲ 0.98% XLM 0.20 ▲ 2.03% HBAR 0.07 ▲ 3.96% NEAR 1.94 ▲ 7.74% ATOM 1.57 ▲ 2.05% AAVE 87.42 ▲ 5.13% SELIC 14.25% EMBRAER 83.24 ▲ 1.67% EMBRAER ADR 64.29 ▲ 1.97% JBS 12.26 ▲ 1.57% JBS BDR 63.60 ▲ 1.68% MBRF3 17.83 ▼ 0.94% MBRFY 3.21 — 0.00% INTER 5.57 ▲ 1.46%
since 2009
Thursday, July 2, 2026

Olive Oil Renaissance in North Africa

By · September 5, 2024 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Olive oil, long celebrated as a cornerstone of Mediterranean cuisine, has recently ascended to new heights in the global marketplace.

Its production has not only increased but has done so dramatically, surging by more than 60% in recent years.

Traditionally, European countries like Spain, Italy, and Greece have dominated this sector, their names synonymous with quality and tradition in olive oil production.

However, the landscape is shifting. The Maghreb nations—Tunisia, Morocco, and Algeria—are carving out a significant niche for themselves.

These countries are increasingly recognized for their ability to produce high-quality olive oil, matching and sometimes surpassing traditional European standards.

Tunisia: The Golden Liquid at the Heart of the Economy

As the world’s fourth-largest producer, Tunisia crafted 200,000 tons of olive oil in the 2023-2024 season.

Olive Oil Renaissance in North Africa
Olive Oil Renaissance in North Africa. (Photo Internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Drawing from millennia of heritage and an ideal Mediterranean climate, Tunisia’s vast olive groves, especially in the Sahel and Sfax regions, yield globally esteemed olive oil.

Tunisian brands like Chemlali and Chetoui excel internationally, exporting to Europe, the USA, and Asia.

Rigorous quality controls and investments in advanced infrastructure keep Tunisia at the forefront as Africa’s leading producer.

Morocco: Blending Tradition and Innovation

Ranked seventh globally, Morocco produced 106,000 tons in 2023-2024, merging ancestral knowledge with modern techniques.

Key production areas include Fès, Marrakech, and Meknès, known for oil that is celebrated for its robust flavor and culinary versatility. Brands like Lesieur Cristal showcase Moroccan excellence both domestically and abroad.

The kingdom emphasizes sustainability, fostering organic practices and innovation to enhance quality and yield.

Algérie: A Sector in Full Bloom

Algeria, the world’s ninth-largest producer with 93,000 tons in 2023-2024, sees significant growth in its olive industry.

Olive trees have thrived for centuries in the Algerian landscapes, particularly in Kabylie, the Aurès mountains, and the coastal and inland plateaus.

Algerian olive oil is renowned for its fruity and slightly spicy notes. Among its industry leaders, the brand Dahbia, a 100% organic product from Benhar in the highlands of Djelfa, shines internationally.

Dahbia embodies the excellence of Algerian olive oil, making its mark in prestigious global competitions.

The commitment to sustainability and organic farming is expanding in Algeria. Many producers are adopting environmentally friendly practices, which enhance soil health and product quality.

The Algerian government actively supports these initiatives, aiming to modernize the sector and expand its global market presence.

The Maghreb is establishing itself as a key region in the global production of olive oil. Tunisia, Morocco, and Algeria, with their rich traditions, produce quality oils that are captivating palates worldwide.

This growing sector not only supports local economies but also positions these nations as important contributors to the global culinary landscape.

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

More from Northern Africa

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.