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Italy - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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Italy: Olives Market Overview 2021

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Olives Market Size in Italy

The Italian olives market contracted to $X in 2020, which is down by -X% against the previous year. In general, the total consumption indicated a slight expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2019, and then dropped modestly in the following year.

Olives Production in Italy

In value terms, olives production expanded rapidly to $X in 2020 estimated in export prices. In general, production showed buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Olives production peaked in 2020 and is expected to retain growth in years to come.

Olives Exports

Exports from Italy

After four years of growth, shipments abroad of olives (prepared or preserved ) decreased by -X% to X tonnes in 2020. Overall, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2019, and then shrank slightly in the following year.

In value terms, olives exports declined slightly to $X in 2020. In general, total exports indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then reduced modestly in the following year.

Exports by Country

The U.S. (X tonnes) was the main destination for olives exports from Italy, with a X% share of total exports. Moreover, olives exports to the U.S. exceeded the volume sent to the second major destination, Germany (X tonnes), fourfold. Canada (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Canada (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for olives exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Canada (+X% per year).

Export Prices by Country

The average olives export price stood at $X per tonne in 2020, standing approx. at the previous year. Overall, the export price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was South Korea ($X per tonne), while the average price for exports to Slovenia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Olives Imports

Imports into Italy

Olives imports into Italy dropped to X tonnes in 2020, with a decrease of -X% against the year before. Over the period under review, total imports indicated a noticeable expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2019, and then contracted in the following year.

In value terms, olives imports reduced to $X in 2020. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2019, and then dropped in the following year.

Imports by Country

Spain (X tonnes), Greece (X tonnes) and Morocco (X tonnes) were the main suppliers of olives imports to Italy, together comprising X% of total imports. Egypt lagged somewhat behind, comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest olives suppliers to Italy were Spain ($X), Greece ($X) and Morocco ($X), with a combined X% share of total imports. These countries were followed by Egypt, which accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average olives import price stood at $X per tonne in 2020, declining by -X% against the previous year. Over the period under review, the import price showed a noticeable setback. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Greece ($X per tonne) and Morocco ($X per tonne), while the price for Egypt ($X per tonne) and Spain ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for olives (prepared or preserved ) in the world?
+
The countries with the highest volumes of olives consumption in 2020 were China (947K tonnes), Spain (505K tonnes) and India (377K tonnes), together accounting for 29% of global consumption.
What are the largest producers of olives (prepared or preserved ) in the world?
+
The countries with the highest volumes of olives production in 2020 were China (946K tonnes), Spain (945K tonnes) and India (376K tonnes), with a combined 37% share of global production. The U.S., Greece, Japan, Indonesia, Pakistan, Russia, Bangladesh, Turkey, Mexico and Argentina lagged somewhat behind, together comprising a further 24%.
What are the leading suppliers of olives (prepared or preserved ) to Italy?
+
In value terms, Spain ($64M), Greece ($44M) and Morocco ($8.5M) appeared to be the largest olives suppliers to Italy, together accounting for 93% of total imports. These countries were followed by Egypt, which accounted for a further 3.7%.
What are the leading importers of olives (prepared or preserved ) from Italy?
+
In value terms, the U.S. ($31M) remains the key foreign market for olives exports from Italy, comprising 39% of total exports. The second position in the ranking was occupied by Germany ($6.4M), with a 8% share of total exports. It was followed by Canada, with a 6% share.
What is the average export price for olives (prepared or preserved ) in Italy?
+
In 2020, the average olives export price amounted to $3,477 per tonne, therefore, remained relatively stable against the previous year.
What is the average import price for olives (prepared or preserved ) in Italy?
+
The average olives import price stood at $1,460 per tonne in 2020, with a decrease of -2.3% against the previous year.

Product coverage:
• Prodcom 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the olives market in Italy. 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:
• Italy

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Italy
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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