Italy - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Olive Price in Italy - 2023
Contents:
- Preserved Olive Price in Italy (CIF) - 2023
- Preserved Olive Price in Italy (FOB) - 2023
- Preserved Olive Imports in Italy
- Preserved Olive Exports in Italy
Preserved Olive Price in Italy (CIF) - 2023
The average preserved olive import price stood at $1,970 per ton in June 2023, surging by 34% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Morocco ($2,642 per ton), while the price for Egypt ($1,522 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 Morocco (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Olive Price in Italy (FOB) - 2023
In June 2023, the average preserved olive export price amounted to $3,805 per ton, which is down by -5.8% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 18% month-to-month. Over the period under review, the average export prices reached the maximum at $4,040 per ton in May 2023, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($5,401 per ton), while the average price for exports to Croatia ($2,207 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 Germany (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Olive Imports in Italy
In 2022, imports of olives prepared or preserved into Italy rose significantly to 88K tons, picking up by 6.8% on the previous year. Over the period under review, imports, however, showed a noticeable contraction.
In value terms, preserved olive imports soared to $152M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Preserved Olive in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 83.1 | 63.8 | 68.4 | 85.1 | 0.8% |
| Greece | 33.6 | 38.0 | 42.0 | 47.2 | 12.0% |
| Morocco | 9.1 | 8.5 | 11.3 | 10.0 | 3.2% |
| Egypt | 4.9 | 4.6 | 2.8 | 3.3 | -12.3% |
| Others | 10.5 | 6.7 | 5.1 | 6.4 | -15.2% |
| Total | 141 | 122 | 130 | 152 | 2.5% |
Top Suppliers of Preserved Olive to Italy in 2022:
- Spain (50.8K tons)
- Greece (23.9K tons)
- Morocco (7.4K tons)
- Egypt (2.0K tons)
Preserved Olive Exports in Italy
For the fourth consecutive year, Italy recorded growth in shipments abroad of olives prepared or preserved, which increased by 9.5% to 33K tons in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, preserved olive exports totaled $122M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Preserved Olive in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 31.3 | 31.4 | 41.1 | 44.9 | 12.8% |
| United Kingdom | 3.1 | 3.6 | 10.1 | 10.1 | 48.2% |
| France | 5.0 | 4.9 | 6.5 | 7.8 | 16.0% |
| Germany | 6.2 | 6.7 | 9.3 | 7.7 | 7.5% |
| Canada | 4.5 | 4.8 | 5.9 | 5.7 | 8.2% |
| Australia | 3.0 | 3.2 | 3.9 | 4.3 | 12.7% |
| Japan | 2.8 | 2.9 | 3.0 | 3.5 | 7.7% |
| Switzerland | 1.6 | 1.9 | 2.4 | 3.3 | 27.3% |
| Netherlands | 2.0 | 2.0 | 2.6 | 2.8 | 11.9% |
| Austria | 1.4 | 1.6 | 2.0 | 2.4 | 19.7% |
| Poland | 1.2 | 0.9 | 1.5 | 2.3 | 24.2% |
| Belgium | 1.5 | 1.8 | 1.7 | 2.1 | 11.9% |
| Czech Republic | 0.8 | 0.7 | 0.8 | 1.8 | 31.0% |
| Others | 16.9 | 15.9 | 21.2 | 23.3 | 11.3% |
| Total | 81.1 | 82.3 | 112 | 122 | 14.6% |
Top Export Markets for Preserved Olive from Italy in 2022:
- United States (10.6K tons)
- United Kingdom (2.7K tons)
- Germany (2.6K tons)
- France (1.7K tons)
- Canada (1.4K tons)
- Australia (1.3K tons)
- Japan (1.2K tons)
- Czech Republic (1.0K tons)
- Belgium (0.9K tons)
- Switzerland (0.7K tons)
- Austria (0.7K tons)
- Netherlands (0.7K tons)
- Poland (0.6K tons)
This report provides an in-depth analysis of the preserved 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:
- Prodcom 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)
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
- 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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