Refined Olive Oil Market

Refined olive oil market: get recently published facts and figures enhanced by an Ai-driven BI platform. Datasets include imports, market prices, consumption, market size, production, exports, trade, and companies. There is a split by country, including Africa, Latin America, the Middle East, the U.S., EU, China, the U.K., and Russia. Market dynamics and outlook to 2030 are also provided in the reports.


Get FREE access to the latest REPORT on the Refined Olive Oil Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Refined Olive Oil - World's Largest Markets

RatingCountry
1China
2India
3United States
4Japan
5Indonesia

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.

In China, the refined olive oil market increased at an average annual rate of +2.8% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: India (+0.7% per year) and the United States (+3.7% per year).

Refined Olive Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Turkey346623072126-21.7%
Spain398832412562-19.8%
Tunisia373726142572-17.0%
Greece414036042766-18.3%
Portugal482136913218-18.3%
Italy488939163365-17.0%
Average407032992758-17.7%

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($3,365 per ton), while Turkey ($2,126 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
France4384352644711.0%
Canada401634743498-6.7%
Netherlands460038663348-14.7%
Germany419241693321-11.0%
Brazil496038443307-18.3%
Australia434532803105-15.5%
Japan461534232920-20.5%
United Kingdom390529272715-16.6%
United States421830652456-23.7%
China351525212242-20.1%
Portugal334424092156-19.7%
Italy333024342005-22.4%
Spain334926201945-23.8%
Average400531252708-17.8%

Prices varied noticeably by the country of destination; the country with the highest price was France ($4,471 per ton), while Spain ($1,945 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced a decline in the import price figures.

Refined Olive Oil - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.30.30.3-9.6%
United Kingdom0.10.080.09-8.8%
Italy0.10.080.09-22.5%
Brazil0.050.050.069.0%
Portugal0.10.070.06-28.9%

In value terms, the United States ($271M) constitutes the largest market for imported refined olive oil worldwide, comprising 23% of global imports. The second position in the ranking was occupied by the UK ($89M), with a 7.5% share of global imports. It was followed by Italy, with a 7.2% share.

From 2018 to 2020, the average annual growth rate of value in the United States totaled -9.6%. In the other countries, the average annual rates were as follows: the UK (-8.8% per year) and Italy (-22.5% per year).

Refined Olive Oil - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Spain0.90.60.7-10.0%
Italy0.30.20.2-9.5%
Portugal0.090.060.08-8.0%
Turkey0.10.050.05-31.5%
Greece0.060.040.03-34.3%

In value terms, Spain ($692M) remains the largest refined olive oil supplier worldwide, comprising 59% of global exports. The second position in the ranking was occupied by Italy ($208M), with a 18% share of global exports. It was followed by Portugal, with a 6.7% share.

In Spain, refined olive oil exports shrank by an average annual rate of -10.0% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-9.5% per year) and Portugal (-8.0% per year).

Refined Olive Oil - Market Forecast

Driven by rising demand for refined olive oil 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.

Refined Olive Oil - Product Coverage

  • HS 150990 - Vegetable oils; olive oil and its fractions, other than virgin, whether or not refined, but not chemically modified
Store
Blog
Event
World - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global refined olive oil market.

Latin America and the Caribbean - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refined olive oil market in Latin America and the Caribbean.

Southern Asia - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refined olive oil market in Southern Asia.

Northern America - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refined olive oil market in Northern America.

Africa - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refined olive oil market in Africa.

Australia and Oceania - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refined olive oil market in Australia and Oceania.

Central Asia - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refined olive oil market in Central Asia.

South-Eastern Asia - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refined olive oil market in South-Eastern Asia.

Eastern Asia - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refined olive oil market in Eastern Asia.

Middle East - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refined olive oil market in the Middle East.

Category
Geography
Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global solid biofuels market.

Pond & Company
World Bioenergy Association
IndexBox Inc.
Energy Markets Global
Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global palm oil market.

IDH, The Sustainable Trade Initiative
PT. Astra Agro Lestari, Tbk
Infinity Links Management (ILM) Limited
IndexBox Inc.
Solidaridad Network
Natural Habitats Group
Webinar: Global Metal Tank Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global metal tank market.

Dar Al-Handasah
Profound Engineering
Rotary Engineering Pte. Ltd.
IndexBox Inc.
Webinar: Global Cotton Yarn Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global cotton yarn market.

BOSSA
Invest in Portugal
IndexBox Inc.
Webinar: Addressing Cooling Challenges in the Oil & Gas Industry - Technology Innovation for Sustainable Development

Join our live webinar to get insights into cooling innovations in the oil and gas industry.

IndexBox, Inc.
IndexBox Inc.
Webinar: Global Animal Feed Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global animal feed market.

IndexBox Inc.
National Poultry Company
Viscofan Group
Phodé
Proterra Partners
Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global palm oil market.

Webinar: Global Oil Crops Market 2020 - Key Insights

Join our live webinar to get insights into the global oil crops market.