Tunisia: Olive Market 2024

Olive Market Size in Tunisia

The Tunisian olive market soared to $X in 2022, increasing by X% against the previous year. In general, consumption enjoyed a resilient expansion. Olive consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Olive Production in Tunisia

In value terms, olive production soared to $X in 2022 estimated in export price. Overall, production showed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average yield of olives in Tunisia skyrocketed to X tons per ha, with an increase of X% against the previous year. Over the period under review, the yield enjoyed a remarkable increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the average olive yield reached the maximum level at X tons per ha in 2020; however, from 2021 to 2022, the yield stood 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, approx. X ha of olives were harvested in Tunisia; standing approx. at the previous year. In general, the harvested area, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X%. The olive harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Olive Exports

Exports from Tunisia

For the third consecutive year, Tunisia recorded decline in overseas shipments of olives, which decreased by X% to X kg in 2022. Overall, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, olive exports dropped rapidly to $X in 2022. Over the period under review, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X kg) was the main destination for olive exports from Tunisia, accounting for a X% share of total exports. Moreover, olive exports to the United Arab Emirates exceeded the volume sent to the second major destination, Oman (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to X%.

In value terms, the largest markets for olive exported from Tunisia were Oman ($X) and the United Arab Emirates ($X).

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average olive export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price showed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

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

Olive Imports

Imports into Tunisia

In 2022, the amount of olives imported into Tunisia amounted to X tons, approximately equating the year before. Over the period under review, imports showed a dramatic curtailment. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, olive imports stood at $X in 2022. In general, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) was the main olive supplier to Tunisia, accounting for a X% share of total imports. Moreover, olive imports from Egypt exceeded the figures recorded by the second-largest supplier, France (X kg), more than tenfold.

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

In value terms, Egypt ($X) constituted the largest supplier of olives to Tunisia, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Egypt totaled X%.

Import Prices by Country

In 2022, the average olive import price amounted to $X per ton, approximately reflecting the previous year. Overall, the import price saw a resilient expansion. The growth pace was the most rapid in 2019 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 ton in 2020; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Egypt stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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