China to become "strategic market" for Spanish olive oil producers: industry insider

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China to become "strategic market" for Spanish olive oil producers: industry insider

STORY: China to become "strategic market" for Spanish olive oil producers: industry insider SHOOTING TIME: March 14, 2024 DATELINE: March 16, 2024 LENGTH: 0:01:10 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. various of olive oil shop 2. various of olive oil production 3. various of olive oil producers 4. various of olive farming lands 5. SOUNDBITE 1 (Spanish): JAIME LILLO, Executive director of the International Olive Council (IOC) 6. various of olive oil 7. SOUNDBITE 2 (Spanish): JAIME LILLO, Executive director of the International Olive Council (IOC) STORYLINE: Olive oil producers in Spain are looking to develop other markets abroad as demand in the European Union has dropped due to rising prices, and China will be one of strategic markets for them, a Spanish industry insider told Xinhua recently. SOUNDBITE 1 (Spanish): JAIME LILLO, Executive director of the International Olive Council (IOC) "Expanding markets in other countries is a trend we'll see more clearly in years with bigger harvest

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