Southern Asia: Olive Market 2024

Olive Market Size in Southern Asia

The South Asian olive market reached $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Olive Production in Southern Asia

In value terms, olive production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Afghanistan (X tons) remains the largest olive producing country in Southern Asia, accounting for X% of total volume. Moreover, olive production in Afghanistan exceeded the figures recorded by the second-largest producer, Pakistan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Afghanistan amounted to X%.

In 2022, the average yield of olives in Southern Asia shrank to X tons per ha, waning by X% against the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of olives were harvested in Southern Asia; therefore, remained relatively stable against 2021 figures. Overall, the harvested area, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the olive harvested area remained at a lower figure.

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Olive Exports

Exports in Southern Asia

In 2022, after two years of growth, there was significant decline in shipments abroad of olives, when their volume decreased by X% to X tons. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then contracted remarkably in the following year.

In value terms, olive exports shrank markedly to $X in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then shrank significantly in the following year.

Exports by Country

Pakistan prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Sri Lanka (X tons) ranks second in terms of the total exports with a X% share, followed by Bangladesh (X%).

From 2012 to 2022, average annual rates of growth with regard to olive exports from Pakistan stood at X%. At the same time, Sri Lanka (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by X percentage points.

In value terms, Pakistan ($X), Sri Lanka ($X) and Bangladesh ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Sri Lanka, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%).

Olive Imports

Imports in Southern Asia

In 2022, approx. X tons of olives were imported in Southern Asia; with a decrease of X% on the previous year's figure. Overall, imports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, olive imports reduced sharply to $X in 2022. Over the period under review, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

Afghanistan was the key importer of olives in Southern Asia, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Maldives (X tons) and Sri Lanka (X tons), together committing a X% share of total imports. The following importers - Pakistan (X tons) and Bangladesh (X tons) - each accounted for a X% share of total imports.

Afghanistan was also the fastest-growing in terms of the olives imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. By contrast, Sri Lanka (X%) and Maldives (X%) illustrated a downward trend over the same period. Afghanistan (X p.p.), Pakistan (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka and Maldives saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Maldives ($X), Afghanistan ($X) and Sri Lanka ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Afghanistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, declining by X% against the previous year. Overall, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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