France: Olive Market 2024

Olive Market Size in France

The French olive market amounted to $X in 2022, increasing by X% against the previous year. In general, consumption continues to indicate noticeable growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Olive Production in France

In value terms, olive production soared to $X in 2022 estimated in export price. In general, production showed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of olives in France rose slightly to X tons per ha in 2022, picking up by X% compared with 2021. Over the period under review, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2022, the growth of the average olive yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the olive harvested area in France rose slightly to X ha, surging by X% against the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2020 to 2022, the growth of the olive harvested area remained at a somewhat lower figure.

Olive Exports

Exports from France

In 2022, overseas shipments of olives decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, olive exports dropped to $X in 2022. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped in the following year.

Exports by Country

Belgium (X tons), Greece (X tons) and Morocco (X tons) were the main destinations of olive exports from France, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for olives exports from France, comprising X% of total exports. The second position in the ranking was held by Greece ($X), with an X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Austria (X% per year).

Export Prices by Country

The average olive export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (X%), while the prices for the other major destinations experienced more modest paces of growth.

Olive Imports

Imports into France

After three years of growth, supplies from abroad of olives decreased by X% to X tons in 2022. Overall, imports, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, olive imports declined modestly to $X in 2022. Over the period under review, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of olive to France, accounting for a X% share of total imports. Moreover, olive imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was held by Italy (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Italy (X% per year).

In value terms, Spain ($X), Belgium ($X) and Italy ($X) constituted the largest olive suppliers to France, with a combined X% share of total imports. Greece and the UK lagged somewhat behind, together accounting for a further X%.

Greece, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average olive import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, olive import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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