Greece - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Olive Price in Greece - 2023
Contents:
- Preserved Olive Price in Greece (FOB) - 2023
- Preserved Olive Price in Greece (CIF) - 2023
- Preserved Olive Exports in Greece
- Preserved Olive Imports in Greece
Preserved Olive Price in Greece (FOB) - 2023
In June 2023, the average preserved olive export price amounted to $2,880 per ton, flattening at the previous month. In general, the export price, however, saw a mild slump. The growth pace was the most rapid in November 2022 when the average export price increased by 15% against the previous month. The export price peaked at $3,246 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($3,877 per ton), while the average price for exports to Bulgaria ($1,719 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Olive Price in Greece (CIF) - 2023
In June 2023, the average preserved olive import price amounted to $1,289 per ton, reducing by -4.7% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 16% m-o-m. As a result, import price reached the peak level of $1,459 per ton. From December 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($3,344 per ton), while the price for Egypt ($1,111 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Olive Exports in Greece
After three years of growth, overseas shipments of olives prepared or preserved decreased by -8.8% to 203K tons in 2022. The total export volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 26% against the previous year.
In value terms, preserved olive exports rose markedly to $669M in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Preserved Olive in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 149 | 146 | 161 | 214 | 12.8% |
| Germany | 55.8 | 59.0 | 63.2 | 65.4 | 5.4% |
| Italy | 37.0 | 36.3 | 41.4 | 39.8 | 2.5% |
| United Kingdom | 26.3 | 27.0 | 31.2 | 38.9 | 13.9% |
| Australia | 26.9 | 27.3 | 27.1 | 30.9 | 4.7% |
| Canada | 16.1 | 26.2 | 22.8 | 30.4 | 23.6% |
| Netherlands | 17.6 | 21.9 | 27.8 | 28.4 | 17.3% |
| Albania | 11.8 | 16.5 | 19.5 | 20.3 | 19.8% |
| Belgium | 17.3 | 21.2 | 17.9 | 19.1 | 3.4% |
| Romania | 23.0 | 27.5 | 26.2 | 18.9 | -6.3% |
| France | 12.9 | 14.8 | 17.4 | 18.8 | 13.4% |
| Bulgaria | 16.0 | 18.1 | 18.5 | 15.4 | -1.3% |
| Poland | 5.3 | 9.5 | 13.6 | 14.9 | 41.1% |
| Others | 90.9 | 92.1 | 103 | 113 | 7.5% |
| Total | 506 | 543 | 591 | 669 | 9.8% |
Top Export Markets for Preserved Olive from Greece in 2022:
- United States (46.4K tons)
- Italy (19.0K tons)
- Germany (18.9K tons)
- Albania (11.0K tons)
- United Kingdom (9.7K tons)
- Belgium (9.5K tons)
- Australia (9.2K tons)
- Netherlands (9.1K tons)
- Romania (8.9K tons)
- Bulgaria (8.9K tons)
- Canada (7.6K tons)
- France (6.4K tons)
- Poland (6.3K tons)
Preserved Olive Imports in Greece
For the fourth year in a row, Greece recorded growth in supplies from abroad of olives prepared or preserved, which increased by 26% to 23K tons in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved olive imports skyrocketed to $32M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Preserved Olive in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | 7.7 | 12.0 | 13.8 | 14.8 | 24.3% |
| Spain | 1.1 | 0.2 | 0.9 | 6.4 | 79.9% |
| Bulgaria | 3.3 | 3.2 | 3.8 | 3.7 | 3.9% |
| Egypt | 2.7 | 1.7 | 2.4 | 3.2 | 5.8% |
| Italy | 1.4 | 0.9 | 0.9 | 1.3 | -2.4% |
| North Macedonia | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| Others | 3.2 | 1.0 | 1.5 | 2.0 | -14.5% |
| Total | 19.8 | 19.4 | 23.6 | 31.5 | 16.7% |
Top Suppliers of Preserved Olive to Greece in 2022:
- Albania (12.2K tons)
- Spain (4.7K tons)
- Bulgaria (2.4K tons)
- Egypt (1.9K tons)
- Italy (0.5K tons)
- North Macedonia (0.4K tons)
This report provides an in-depth analysis of the preserved olive market in Greece. 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:
- Prodcom 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)
Country coverage:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- 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
- 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 VOLUME AND VALUE
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
- 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
- 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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