Oil: Coricelli’s sales up 25% thanks to a surge in exports

Record growth for Pietro Coricelli, which ended 2025 with a 25.3% increase in the volume of olive oil sold, reaching 78.7 million litres, equivalent to a 12.4% share of the Italian market by volume. This leap forward enabled the Spoleto-based company to achieve a turnover of 389 million euros, 226 million of which was generated abroad, in around 100 countries.

And it was exports that drove the company’s financial results, having risen from 36% to over 58% of revenue within a year. This result is the outcome of a long-standing process of growth and internationalisation, which has led the company to increase its turnover by 235% between 2018 and 2025, and which is set to continue in the coming years. Today, the main overseas market remains the United States, which accounts for over 43% of total exports and generates a turnover of more than 98 million euros, but the company also aims to expand into other countries, particularly those most sensitive to issues of quality, traceability and product innovation.

“The increase in volumes, the consolidation of our leadership in the extra virgin olive oil sector and the growth in exports bear witness to the soundness of the strategic decisions we have taken in recent years,” says Chiara Coricelli, Chair and CEO of Pietro Coricelli and representative of the third generation of the family – “We will continue to invest in quality, in the value of being 100 per cent Italian, in innovation and in sustainability as key drivers for future development.”

To support global growth and offer high-quality products, the company has invested (and will continue to do so) in innovation within its production processes, focusing on efficiency, sustainability and the expansion of the Spoleto plant. Over the last three years, it has allocated over 13 million euros to increase production capacity, storage and internal logistics, to improve energy efficiency and to strengthen quality control. Key initiatives include the installation of a new bottling line, storage facilities for 4,200 tonnes of extra virgin olive oil, the extension of the finished product warehouse, the expansion and modernisation of the laboratory, and the installation of three photovoltaic systems with a total capacity of approximately 640 kWp.

Coricelli’s 2026 is also marked by rebranding, with a redesign of the logo and a revamp of the packaging, featuring labels that also provide guidance (such as the smoke point and usage tips) to help consumers choose the most suitable oil for different dishes.