Economics of NSW olive production
Primefact Number: 409 Edition: First edition Released/reviewed: 01 Nov 2007
The information contained in this Primefact should be used with care, and as a guide only.
The budgets outlined are examples of potential costs and returns.
They are designed for online use, structured to allow users to enter in their own details for a personalised study of olive economics.
For organic and non-organic olive producers, budget economics may be influenced by two potential markets:
- large producer – for bulk oil and export oil
- small producer – for personal users and/or smaller domestic buyers
Many smaller olive growers will want to sell smaller quantities at higher prices. A premium may be charged for certified organic product.
The information given here is an example of what can be involved in olive growing for sale to a wholesale market.
It is advisable to get expert economic advice when using these budgets for decision making.
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