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In November 2022, the price of Virgin Olive Oil was $4,374 per ton (CIF, Qatar), showing a decrease of 5.8% compared to the previous month.
Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
In November 2022, the virgin olive oil price amounted to $6,013 per ton (CIF, Mexico), jumping by 15% against the previous month.
High prices and growing demand in the olive oil market have spurred investments to expand and mechanize plantations that will automate the production process. This will enable increased production in the EU from a projected 2.2M tons in 2021 to 2.3M tons by 2025. Thanks to rising demand from Asia, top European exporters - Spain, Italy and Portugal - will be able to boost shipments.
European virgin olive oil exports soared by +11% y-o-y to 1.5M tons or $5.2B in 2020. Spain remains the key virgin olive oil supplier in the EU, accounting for 56% of the total European exports in physical terms. Greece and Italy have significantly strengthened their positions in terms of exports, ramping up the volume of supplies abroad. Greece emerged as the fastest-growing European exporter in 2020. The average price for virgin olive oil in the EU dropped by -6.3% y-o-y last year to $3,370 per ton.
The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
Global virgin olive oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the virgin olive oil output was Spain (X thousand tons), accounting for X% of global production.
Spain continued its dominance in the global olive oil trade. In 2014, Spain exported X thousand tons of olive oil totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total oliv
The olive oil industry, connected, as it is, to a product that has long been acknowledged to contain extraordinary health properties, has always thrived in the countries of the Mediterranean region. The Omega-X monounsaturated fatty acids and antioxida
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