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Northern America - Refined Olive Oil - Market Analysis, Forecast, Size, Trends And Insights
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Northern America: Refined Olive Oil Market Overview 2021

Refined Olive Oil Market Size in Northern America

The North American refined olive oil market dropped slightly to $X in 2019, shrinking by -X% against the previous year. Overall, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2018 to 2019, the growth of the market failed to regain the momentum.

Refined Olive Oil Production in Northern America

In value terms, refined olive oil production dropped to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2018 to 2019, production growth remained at a somewhat lower figure.

Production By Country in Northern America

The U.S. (X tonnes) remains the largest refined olive oil producing country in Northern America, comprising approx. X% of total volume. Moreover, refined olive oil production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), sixfold.

In the U.S., refined olive oil production remained relatively stable over the period from 2007-2019.

Refined Olive Oil Exports

Exports in Northern America

In 2019, the amount of refined olive oil exported in Northern America skyrocketed to X tonnes, with an increase of X% compared with the previous year. Overall, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, refined olive oil exports soared to $X in 2019. In general, exports posted a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum in 2019 and are expected to retain growth in the immediate term.

Exports by Country

The U.S. prevails in refined olive oil exports structure, recording X tonnes, which was near X% of total exports in 2019. It was distantly followed by Canada (X tonnes), creating a X% share of total exports.

Exports from the U.S. increased at an average annual rate of +X% from 2007 to 2019. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +X% from 2007-2019. Canada (+X p.p.) significantly strengthened its position in terms of the total exports, while the U.S. saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, the U.S. ($X) remains the largest refined olive oil supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value in the U.S. amounted to +X%.

Export Prices by Country

The refined olive oil export price in Northern America stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the period under review, the export price saw a slight decline. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while Canada stood at $X per tonne.

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

Refined Olive Oil Imports

Imports in Northern America

In 2019, overseas purchases of refined olive oil increased by X% to X tonnes, rising for the second year in a row after three years of decline. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, refined olive oil imports dropped significantly to $X in 2019. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

The U.S. prevails in refined olive oil imports structure, resulting at X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Canada (X tonnes), generating an X% share of total imports.

The U.S. experienced a relatively flat trend pattern with regard to volume of imports of refined olive oil. Canada (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, the U.S. ($X) constitutes the largest market for imported refined olive oil in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

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

Import Prices by Country

In 2019, the refined olive oil import price in Northern America amounted to $X per tonne, reducing 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 2013 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined olive oil in Northern America?
+
The country with the largest volume of refined olive oil consumption was the U.S. (356K tonnes), comprising approx. 86% of total volume. Moreover, refined olive oil consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (57K tonnes), sixfold.
What are the largest producers of refined olive oil in Northern America?
+
The country with the largest volume of refined olive oil production was the U.S. (277K tonnes), accounting for 85% of total volume. Moreover, refined olive oil production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (49K tonnes), sixfold.
What are the leading exporters of refined olive oil in Northern America?
+
In value terms, the U.S. ($18M) remains the largest refined olive oil supplier in Northern America, comprising 96% of total exports. The second position in the ranking was occupied by Canada ($709K), with a 3.9% share of total exports.
What are the leading importers of refined olive oil in Northern America?
+
In value terms, the U.S. ($262M) constitutes the largest market for imported refined olive oil in Northern America, comprising 90% of total imports. The second position in the ranking was occupied by Canada ($28M), with a 9.7% share of total imports.
What is the average export price for refined olive oil in Northern America?
+
In 2019, the refined olive oil export price in Northern America amounted to $2,837 per tonne, shrinking by -9.5% against the previous year.
What is the average import price for refined olive oil in Northern America?
+
The refined olive oil import price in Northern America stood at $3,101 per tonne in 2019, dropping by -26.1% against the previous year.

Product coverage:
• Prodcom 10415310 - Refined olive oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined olive oil market in Northern America. 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:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

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

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
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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