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Australia and Oceania - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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Australia and Oceania: Virgin Olive Oil Market Overview 2021

Virgin Olive Oil Market Size in Australia and Oceania

For the fourth year in a row, the virgin olive oil market in Australia and Oceania recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption showed a strong expansion. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the immediate term.

Virgin Olive Oil Production in Australia and Oceania

In value terms, virgin olive oil production reached $X in 2019 estimated in export prices. Over the period under review, production posted a significant expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2019 and is likely to see steady growth in the immediate term.

Production By Country in Australia and Oceania

Australia (X tonnes) remains the largest virgin olive oil producing country in Australia and Oceania, comprising approx. X% of total volume.

From 2007 to 2019, the average annual rate of growth in terms of volume in Australia totaled +X%.

Virgin Olive Oil Exports

Exports in Australia and Oceania

In 2019, overseas shipments of virgin olive oil were finally on the rise to reach X tonnes for the first time since 2015, thus ending a three-year declining trend. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. The volume of export peaked at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, virgin olive oil exports skyrocketed to $X in 2019. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The level of export peaked at $X in 2009; however, from 2010 to 2019, exports remained at a lower figure.

Exports by Country

The biggest shipments were from Australia (X tonnes), together amounting to X% of total export.

Australia experienced a relatively flat trend pattern with regard to volume of exports of virgin olive oil. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest virgin olive oil supplier in Australia and Oceania.

From 2007 to 2019, the average annual rate of growth in terms of value in Australia was relatively modest.

Export Prices by Country

In 2019, the virgin olive oil export price in Australia and Oceania amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. Over the period under review, export prices reached the peak figure in 2019 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2007 to 2019, the rate of growth in terms of prices for Australia amounted to +X% per year.

Virgin Olive Oil Imports

Imports in Australia and Oceania

In 2019, approx. X tonnes of virgin olive oil were imported in Australia and Oceania; with an increase of X% on 2018 figures. Total imports indicated slight growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

In value terms, virgin olive oil imports fell to $X in 2019. Total imports indicated a modest increase 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, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. The level of import peaked at $X in 2018, and then reduced in the following year.

Imports by Country

Australia represented the largest importer of virgin olive oil in Australia and Oceania, with the volume of imports finishing at X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by New Zealand (X tonnes), constituting a X% share of total imports.

Imports into Australia increased at an average annual rate of +X% from 2007 to 2019. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2007-2019. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported virgin olive oil in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value in Australia was relatively modest.

Import Prices by Country

The virgin olive oil import price in Australia and Oceania stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure at $X per tonne in 2018, and then declined remarkably in the following year.

Average prices varied noticeably amongst the major importing countries. In 2019, the country with the highest price was New Zealand ($X per tonne), while Australia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for virgin olive oil in Australia and Oceania?
+
The country with the largest volume of virgin olive oil consumption was Australia (39K tonnes), accounting for 92% of total volume. Moreover, virgin olive oil consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand (2.6K tonnes), more than tenfold.
What are the largest producers of virgin olive oil in Australia and Oceania?
+
Australia (22K tonnes) remains the largest virgin olive oil producing country in Australia and Oceania, comprising approx. 100% of total volume.
What are the leading suppliers of virgin olive oil in Australia and Oceania?
+
In value terms, Australia ($11M) remains the largest virgin olive oil supplier in Australia and Oceania.
What are the leading importers of virgin olive oil in Australia and Oceania?
+
In value terms, Australia ($75M) constitutes the largest market for imported virgin olive oil in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was occupied by New Zealand ($12M), with a 13% share of total imports.
What is the average export price for virgin olive oil in Australia and Oceania?
+
In 2019, the virgin olive oil export price in Australia and Oceania amounted to $5,672 per tonne, with an increase of 2.2% against the previous year.
What is the average import price for virgin olive oil in Australia and Oceania?
+
In 2019, the virgin olive oil import price in Australia and Oceania amounted to $4,012 per tonne, declining by -22.6% 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 Australia and Oceania. 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:
• American Samoa
• Cook Islands
• Fiji
• French Polynesia
• Guam
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• Nauru
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Australia and Oceania, split by region and country
• Trade (exports and imports) in Australia and Oceania
• 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

• Australia
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• Nauru
• Niue
• Guam
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

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