Latest Report Update: May 3, 2021

Asia - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Asia: Virgin Olive Oil Market Overview 2021

Virgin Olive Oil Market Size in Asia

The Asian virgin olive oil market contracted to $X in 2019, falling by -X% against the previous year. The total consumption indicated temperate growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Virgin Olive Oil Production in Asia

In value terms, virgin olive oil production declined dramatically to $X in 2019 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2018 to 2019, production growth failed to regain the momentum.

Production By Country in Asia

The countries with the highest volumes of virgin olive oil production in 2019 were Turkey (X tonnes), Syrian Arab Republic (X tonnes) and Jordan (X tonnes), together comprising X% of total production. Lebanon, Israel, Palestine and Iran lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Lebanon, while virgin olive oil production for the other leaders experienced more modest paces of growth.

Virgin Olive Oil Exports

Exports in Asia

In 2019, overseas shipments of virgin olive oil increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. Over the period under review, exports showed a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. The volume of export peaked in 2019 and is expected to retain growth in years to come.

In value terms, virgin olive oil exports declined markedly to $X in 2019. Overall, exports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2018, and then declined rapidly in the following year.

Exports by Country

In 2019, Syrian Arab Republic (X tonnes) was the largest exporter of virgin olive oil, constituting X% of total exports. It was distantly followed by Turkey (X tonnes) and Palestine (X tonnes), together making up a X% share of total exports. Lebanon (X tonnes) held a minor share of total exports.

From 2007 to 2019, the biggest increases were in Lebanon, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Syrian Arab Republic ($X), Turkey ($X) and Palestine ($X) constituted the countries with the highest levels of exports in 2019, together comprising X% of total exports. Lebanon lagged somewhat behind, accounting for a further X the main exporting countries, Lebanon recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The virgin olive oil export price in Asia stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Lebanon ($X per tonne), while Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Palestine, while the other leaders experienced mixed trends in the export price figures.

Virgin Olive Oil Imports

Imports in Asia

In 2019, approx. X tonnes of virgin olive oil were imported in Asia; jumping by X% on 2018. Total imports indicated prominent growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. The volume of import peaked in 2019 and is expected to retain growth in the immediate term.

In value terms, virgin olive oil imports expanded slightly to $X in 2019. In general, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. The level of import peaked in 2019 and is expected to retain growth in the near future.

Imports by Country

Japan (X tonnes) and China (X tonnes) were the major importers of virgin olive oil in 2019, finishing at approx. X% and X% of total imports, respectively. South Korea (X tonnes) occupied the next position in the ranking, followed by Israel (X tonnes). All these countries together took approx. X% share of total imports. Saudi Arabia (X tonnes), the United Arab Emirates (X tonnes), Cyprus (X tonnes), Taiwan (Chinese) (X tonnes), Kuwait (X tonnes), Iran (X tonnes) and Thailand (X tonnes) held a minor share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cyprus, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest virgin olive oil importing markets in Asia were Japan ($X), China ($X) and South Korea ($X), together comprising X% of total imports. Israel, Saudi Arabia, Taiwan (Chinese), the United Arab Emirates, Kuwait, Cyprus, Thailand and Iran lagged somewhat behind, together accounting for a further X saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The virgin olive oil import price in Asia stood at $X per tonne in 2019, falling by -X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan (Chinese) ($X per tonne), while Iran ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for virgin olive oil in Asia?
+
The countries with the highest volumes of virgin olive oil consumption in 2019 were Turkey (124K tonnes), Syrian Arab Republic (67K tonnes) and Japan (56K tonnes), together accounting for 58% of total consumption. These countries were followed by China, Israel, Jordan, Lebanon, South Korea, Palestine, Iran and Cyprus, which together accounted for a further 34%.
What are the largest producers of virgin olive oil in Asia?
+
The countries with the highest volumes of virgin olive oil production in 2019 were Turkey (155K tonnes), Syrian Arab Republic (120K tonnes) and Jordan (22K tonnes), together comprising 82% of total production. Lebanon, Israel, Palestine and Iran lagged somewhat behind, together accounting for a further 17%.
What are the leading exporters of virgin olive oil in Asia?
+
In value terms, the largest virgin olive oil supplying countries in Asia were Syrian Arab Republic ($118M), Turkey ($91M) and Palestine ($17M), together accounting for 90% of total exports. Lebanon lagged somewhat behind, accounting for a further 5.7%.
What are the leading importers of virgin olive oil in Asia?
+
In value terms, the largest virgin olive oil importing markets in Asia were Japan ($269M), China ($144M) and South Korea ($58M), together comprising 67% of total imports. These countries were followed by Israel, Saudi Arabia, Taiwan (Chinese), the United Arab Emirates, Kuwait, Cyprus, Thailand and Iran, which together accounted for a further 23%.
What is the average export price for virgin olive oil in Asia?
+
The virgin olive oil export price in Asia stood at $2,606 per tonne in 2019, which is down by -30.4% against the previous year.
What is the average import price for virgin olive oil in Asia?
+
In 2019, the virgin olive oil import price in Asia amounted to $4,330 per tonne, falling by -14.9% against the previous year.

Product coverage:
• FCL 261 - Oil of Olives, Virgin

This report provides an in-depth analysis of the virgin olive oil market in Asia. 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 2025.


Country coverage:
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Macao SAR
• Democratic People's Republic of Korea
• Georgia
• Kyrgyzstan
• Lao People's Democratic Republic
• Maldives
• Mongolia
• Nepal
• Palestine
• Taiwan, Chinese
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



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



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



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



Tuesday, June 1st, 2021 @ 04:00 pm ET


Register

Webinar: Global Biodiesel Market - Statistics, Trends, and Outlook



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



Thursday, June 10th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data