World - Refined Olive Oil - Market Analysis, Forecast, Size, Trends And Insights
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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.
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Refined Olive Oil - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | India |
| 3 | United States |
| 4 | Japan |
| 5 | Indonesia |
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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Turkey | 3466 | 2307 | 2126 | -21.7% |
| Spain | 3988 | 3241 | 2562 | -19.8% |
| Tunisia | 3737 | 2614 | 2572 | -17.0% |
| Greece | 4140 | 3604 | 2766 | -18.3% |
| Portugal | 4821 | 3691 | 3218 | -18.3% |
| Italy | 4889 | 3916 | 3365 | -17.0% |
| Average | 4070 | 3299 | 2758 | -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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| France | 4384 | 3526 | 4471 | 1.0% |
| Canada | 4016 | 3474 | 3498 | -6.7% |
| Netherlands | 4600 | 3866 | 3348 | -14.7% |
| Germany | 4192 | 4169 | 3321 | -11.0% |
| Brazil | 4960 | 3844 | 3307 | -18.3% |
| Australia | 4345 | 3280 | 3105 | -15.5% |
| Japan | 4615 | 3423 | 2920 | -20.5% |
| United Kingdom | 3905 | 2927 | 2715 | -16.6% |
| United States | 4218 | 3065 | 2456 | -23.7% |
| China | 3515 | 2521 | 2242 | -20.1% |
| Portugal | 3344 | 2409 | 2156 | -19.7% |
| Italy | 3330 | 2434 | 2005 | -22.4% |
| Spain | 3349 | 2620 | 1945 | -23.8% |
| Average | 4005 | 3125 | 2708 | -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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.3 | 0.3 | 0.3 | -9.6% |
| United Kingdom | 0.1 | 0.08 | 0.09 | -8.8% |
| Italy | 0.1 | 0.08 | 0.09 | -22.5% |
| Brazil | 0.05 | 0.05 | 0.06 | 9.0% |
| Portugal | 0.1 | 0.07 | 0.06 | -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
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Spain | 0.9 | 0.6 | 0.7 | -10.0% |
| Italy | 0.3 | 0.2 | 0.2 | -9.5% |
| Portugal | 0.09 | 0.06 | 0.08 | -8.0% |
| Turkey | 0.1 | 0.05 | 0.05 | -31.5% |
| Greece | 0.06 | 0.04 | 0.03 | -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
This report provides an in-depth analysis of the global refined olive oil market. 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 10415310 - Refined olive oil and its fractions (excluding chemically modified)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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This report provides an in-depth analysis of the global refined olive oil market.
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This report provides an in-depth analysis of the global virgin olive oil market.
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This report provides an in-depth analysis of the global olive oil market.
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Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
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The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
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In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
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Global virgin olive oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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In 2015, the country with the largest volume of the virgin olive oil output was Spain (X thousand tons), accounting for X% of global production.
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Spain continued its dominance in the global olive oil trade. In 2014, Spain exported X thousand tons of olive oil totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total oliv
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The olive oil industry, connected, as it is, to a product that has long been acknowledged to contain extraordinary health properties, has always thrived in the countries of the Mediterranean region. The Omega-X monounsaturated fatty acids and antioxida
