Meanwhile, in Spain, which significantly influences the final price, the country has the potential to produce over 2 million tons in a year of overproduction due to its extensive olive tree population.
However, if the dry spell persists, later flowering faces decreasing soil moisture, reducing the likelihood of a good fruit set.
The Geneva Act extends the purview of the Lisbon Agreement regarding the protection of designations of origin and their international registration to cover not only designations of origin but also geographical indications