Italy - Olives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOlive Price in Italy - 2023
Contents:
- Olive Price in Italy (CIF) - 2023
- Olive Price in Italy (FOB) - 2023
- Olive Imports in Italy
- Olive Exports in Italy
Olive Price in Italy (CIF) - 2023
The average olive import price stood at $2,099 per ton in August 2023, increasing by 6.7% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 11% m-o-m. As a result, import price reached the peak level of $2,105 per ton; afterwards, it flattened through to August 2023.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Greece ($2,150 per ton), while the price for Spain ($1,844 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Olive Price in Italy (FOB) - 2023
The average olive export price stood at $5,312 per ton in October 2023, with an increase of 11% against the previous month. In general, export price indicated a modest expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, olive export price increased by +13.4% against July 2023 indices. The pace of growth was the most pronounced in April 2023 when the average export price increased by 134% m-o-m. The export price peaked at $6,101 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($14,616 per ton), while the average price for exports to Switzerland ($3,713 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Olive Imports in Italy
In 2022, olive imports into Italy shrank notably to 9.7K tons, reducing by -21.6% compared with the year before. In general, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 147%.
In value terms, olive imports declined rapidly to $19M in 2022. Overall, imports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 184%.
| Import of Olive in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 15.5 | 6.7 | 14.7 | 15.1 | -0.9% |
| Spain | 13.0 | 1.7 | 5.1 | 4.0 | -32.5% |
| Portugal | 2.6 | N/A | 0.1 | N/A | -80.4% |
| Others | 1.7 | 0.3 | 4.8 | 0.1 | -61.1% |
| Total | 32.8 | 8.7 | 24.6 | 19.1 | -16.5% |
Top Suppliers of Olive to Italy in 2022:
- Greece (7.4K tons)
- Spain (2.3K tons)
Olive Exports in Italy
In 2022, the amount of olives exported from Italy contracted significantly to 1.1K tons, waning by -25.9% against 2021 figures. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 5.6%.
In value terms, olive exports shrank dramatically to $4.8M in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year.
| Export of Olive in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,576 | 1,353 | 1,580 | 1,247 | -7.5% |
| France | 908 | 711 | 1,543 | 1,083 | 6.1% |
| Belgium | 405 | 282 | 319 | 300 | -9.5% |
| Netherlands | 330 | 420 | 306 | 249 | -9.0% |
| Greece | 142 | 123 | 261 | 211 | 14.1% |
| Spain | 444 | 371 | 334 | 207 | -22.5% |
| Denmark | 15.9 | 110 | 86.7 | 185 | 126.6% |
| Czech Republic | 19.4 | 61.5 | 88.3 | 132 | 89.5% |
| Sweden | 64.4 | 84.8 | 195 | 117 | 22.0% |
| Switzerland | 97.1 | 214 | 114 | 82.5 | -5.3% |
| Romania | 126 | 104 | 95.9 | 77.1 | -15.1% |
| Jordan | N/A | N/A | N/A | 53.9 | 0% |
| Ukraine | 103 | 296 | 308 | 50.0 | -21.4% |
| Others | 2,890 | 883 | 986 | 762 | -35.9% |
| Total | 7,121 | 5,014 | 6,218 | 4,758 | -12.6% |
Top Export Markets for Olive from Italy in 2022:
- Germany (245.6 tons)
- France (195.4 tons)
- Greece (94.4 tons)
- Belgium (89.2 tons)
- Netherlands (49.3 tons)
- Spain (38.1 tons)
- Sweden (34.6 tons)
- Denmark (32.2 tons)
- Romania (27.2 tons)
- Switzerland (23.8 tons)
- Jordan (23.0 tons)
- Ukraine (22.1 tons)
- Czech Republic (18.6 tons)
This report provides an in-depth analysis of the olive market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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