Cyprus: Virgin Olive Oil Market 2020

Virgin Olive Oil Market Size in Cyprus

The revenue of the virgin olive oil market in Cyprus amounted to $X in 2018, rising by X% against the previous year. Overall, virgin olive oil consumption continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Virgin olive oil consumption peaked in 2018 and is expected to retain its growth in the near future.

Virgin Olive Oil Production in Cyprus

In value terms, virgin olive oil production stood at $X in 2018 estimated in export prices. Over the period under review, virgin olive oil production continues to indicate a prominent increase. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, virgin olive oil production reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Virgin Olive Oil Exports

Exports from Cyprus

Virgin olive oil exports from Cyprus totaled X tons in 2018, shrinking by -X% against the previous year. Over the period under review, virgin olive oil exports continue to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. In that year, virgin olive oil exports attained their peak of X tons. From 2016 to 2018, the growth of virgin olive oil exports remained at a lower figure.

In value terms, virgin olive oil exports amounted to $X in 2018. Overall, virgin olive oil exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. In that year, virgin olive oil exports attained their peak of $X. From 2016 to 2018, the growth of virgin olive oil exports remained at a somewhat lower figure.

Virgin Olive Oil Imports

Imports into Cyprus

In 2018, the amount of olive oil (virgin) imported into Cyprus amounted to X tons, increasing by X% against the previous year. Over the period under review, virgin olive oil imports continue to indicate an outstanding increase. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, virgin olive oil imports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, virgin olive oil imports amounted to $X in 2018. In general, virgin olive oil imports continue to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, virgin olive oil imports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

Source: IndexBox Platform