Germany - Olives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOlive Price in Germany - 2023
Contents:
- Olive Price in Germany (CIF) - 2023
- Olive Price in Germany (FOB) - 2022
- Olive Imports in Germany
- Olive Exports in Germany
Olive Price in Germany (CIF) - 2023
The average olive import price stood at $1,213 per ton in October 2023, dropping by -34.9% against the previous month. Overall, the import price saw a noticeable shrinkage. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 69% against the previous month. Over the period under review, average import prices reached the peak figure at $5,247 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Jordan ($2,816 per ton), while the price for Egypt ($941 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Greece (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Olive Price in Germany (FOB) - 2022
In 2022, the average olive export price amounted to $4,450 per ton, rising by 17% against the previous year. Overall, the export price, however, recorded a mild decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 72% against the previous year. The export price peaked at $5,436 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($8,504 per ton), while the average price for exports to the Netherlands ($2,149 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Olive Imports in Germany
In 2022, purchases abroad of olives decreased by -19.2% to 762 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a pronounced setback. The most prominent rate of growth was recorded in 2020 when imports increased by 52% against the previous year. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, olive imports dropped rapidly to $2.8M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 44% against the previous year. As a result, imports reached the peak of $3.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Olive in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 319 | 662 | 1,241 | 1,201 | 55.6% |
| Greece | 1,572 | 1,990 | 1,379 | 909 | -16.7% |
| Netherlands | 222 | 302 | 209 | 392 | 20.9% |
| Turkey | 12.4 | 138 | 229 | 116 | 110.7% |
| Belgium | 38.1 | 48.2 | 15.3 | 99.0 | 37.5% |
| Spain | 187 | 238 | 183 | 88.1 | -22.2% |
| Egypt | 60.0 | 95.7 | N/A | N/A | 59.5% |
| Others | 99.5 | 143 | 93.3 | 18.4 | -43.0% |
| Total | 2,510 | 3,617 | 3,350 | 2,823 | 4.0% |
Top Suppliers of Olive to Germany in 2022:
- Greece (224.0 tons)
- Italy (191.5 tons)
- Netherlands (145.0 tons)
- Turkey (141.1 tons)
- Spain (32.6 tons)
- Belgium (22.5 tons)
Olive Exports in Germany
In 2022, shipments abroad of olives decreased by -29.2% to 95 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 237% against the previous year. As a result, the exports attained the peak of 514 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, olive exports shrank sharply to $425K in 2022. In general, exports saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 184%. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Olive in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 138 | 188 | 131 | 160 | 5.1% |
| France | 89.1 | 186 | 119 | 108 | 6.6% |
| Netherlands | 43.3 | 176 | 115 | 63.8 | 13.8% |
| Denmark | 9.9 | 65.9 | 26.5 | 31.6 | 47.2% |
| Bulgaria | N/A | 2.4 | 7.0 | 13.3 | 135.4% |
| Luxembourg | 1.1 | 13.6 | 13.9 | 10.5 | 112.1% |
| Switzerland | 20.1 | 68.5 | 18.5 | 8.1 | -26.1% |
| Poland | 71.6 | 606 | 10.0 | 7.3 | -53.3% |
| Sweden | 37.0 | 33.3 | N/A | N/A | -10.0% |
| United Kingdom | 37.7 | 57.7 | N/A | N/A | 53.1% |
| Others | 56.9 | 38.0 | 68.9 | 22.1 | -27.0% |
| Total | 505 | 1,435 | 510 | 425 | -5.6% |
Top Export Markets for Olive from Germany in 2022:
- Netherlands (29.7 tons)
- France (22.8 tons)
- Austria (18.8 tons)
- Denmark (12.3 tons)
- Bulgaria (2.4 tons)
- Switzerland (2.0 tons)
- Luxembourg (1.9 tons)
- Poland (1.1 tons)
This report provides an in-depth analysis of the olive market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 260 - Olives
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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