Olive Market
Olive market: get new information enhanced by an Ai-driven business intelligence platform. Info contain production, consumption, market size, trade, market prices, exports, companies, and imports. There is a split by region, including Russia, the Middle East, the U.S., the U.K., Latin America, EU, Africa, and China. Market trends and forecast to 2030 are also featured in the snapshots.
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Olive - World's Largest Markets
Rating | Country |
---|---|
1 | Italy |
2 | Spain |
3 | Greece |
4 | Tunisia |
5 | Morocco |
In value terms, the largest olive markets worldwide were Italy, Spain and Greece, with a combined 53% share of the global market. Tunisia, Morocco, Turkey and Algeria lagged somewhat behind, together accounting for a further 32%.
Algeria recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while olive market for the other global leaders experienced more modest paces of growth.
Olive Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Portugal | 667 | 628 | 681 | 1.0% |
Spain | 985 | 877 | 753 | -12.6% |
Mexico | 796 | 911 | 1009 | 12.6% |
Jordan | 1775 | 1940 | 2025 | 6.8% |
Greece | 1783 | 1884 | 2130 | 9.3% |
Italy | 3856 | 3713 | 3619 | -3.1% |
Netherlands | 3538 | 2944 | 8390 | 54.0% |
Average | 949 | 1000 | 1177 | 11.4% |
Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($8,390 per ton), while Portugal ($681 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (+54.0% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Netherlands | 4353 | 3684 | 3331 | -12.5% |
Germany | 3119 | 3018 | 2768 | -5.8% |
France | 2181 | 2426 | 2495 | 7.0% |
Israel | 1762 | 2026 | 1901 | 3.9% |
Poland | 1837 | 1469 | 1825 | -0.3% |
Italy | 1802 | 1958 | 1726 | -2.1% |
United States | 815 | 926 | 1020 | 11.9% |
Portugal | 808 | 676 | 522 | -19.6% |
Spain | 670 | 628 | 418 | -21.0% |
Average | 1031 | 1195 | 1130 | 4.7% |
Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($3,331 per ton), while Spain ($418 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Olive - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Portugal | 11 | 7.8 | 19 | 31.3% |
Italy | 17 | 33 | 8.7 | -28.0% |
Netherlands | 1 | 1.4 | 7.4 | 167.4% |
Poland | 3.2 | 4.9 | 6.4 | 42.4% |
France | 2.7 | 3.8 | 5 | 36.4% |
In value terms, Portugal ($19M) constitutes the largest market for imported olives worldwide, comprising 24% of global imports. The second position in the ranking was occupied by Italy ($8.7M), with a 11% share of global imports. It was followed by the Netherlands, with a 9.7% share.
In Portugal, olive imports increased at an average annual rate of +31.3% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Italy (-28.0% per year) and the Netherlands (+167.4% per year).
Olive - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Portugal | 37 | 25 | 21 | -24.2% |
Greece | 7.6 | 11 | 12 | 27.5% |
Spain | 17 | 12 | 12 | -16.5% |
Netherlands | 1.2 | 1.2 | 9.1 | 180.5% |
Jordan | 2.8 | 4.5 | 6.3 | 49.3% |
In value terms, Portugal ($21M), Greece ($12M) and Spain ($12M) were the countries with the highest levels of exports in 2020, with a combined 59% share of global exports. The Netherlands, Jordan, Italy and Mexico lagged somewhat behind, together accounting for a further 32%.
In terms of the main exporting countries, the Netherlands (+180.5% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Olive - Market Forecast
Driven by rising demand for olive worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Olive - Top Companies
Chiquita Brands International, Inc., Dole Food Company, Inc., ENZAFRUIT NEW ZEALAND INTERNATIONAL LIMITED, DOLE PHILIPPINES, INC., Dhm Holding Company, Inc, Sanya Haitangwan Jinong Planting & Breeding Farmer Specialty Cooperative, Coffee Plantations Development Enterprise, PREMIER FARMS PTY LTD, Henry Avocado Corporation, Gartnerhallen Sa, DAK LAK SEPTEMBER 2ND IMPORT - EXPORT LIMITED COMPANY, Xinjiang Guannong Fruit and Antler Group Co., Ltd., Chiquita Brands L.L.C., NEW ZEALAND APPLE LIMITED, Copefrut, S.A., Agrícola Famosa Ltda, TAGUM AGRICULTURAL DEVELOPMENT COMPANY, INC., DEK Deutsche Extrakt Kaffee GmbH, MONTAGUE BROS. PTY. LTD., SEEKA LIMITED
Olive - Product Coverage
- HS 070992 - Vegetables; olives, fresh or chilled
This report provides an in-depth analysis of the global olive market.
This report provides an in-depth analysis of the olive market in Africa.
This report provides an in-depth analysis of the olive market in the Middle East.
This report provides an in-depth analysis of the olive market in Latin America and the Caribbean.
This report provides an in-depth analysis of the olive market in South-Eastern Asia.
This report provides an in-depth analysis of the olive market in Australia and Oceania.
This report provides an in-depth analysis of the olive market in Northern America.
This report provides an in-depth analysis of the olive market in Central Asia.
This report provides an in-depth analysis of the olive market in Eastern Asia.
This report provides an in-depth analysis of the olive market in Southern Asia.
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