Latest Report Update: May 5, 2021

U.S. - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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U.S.: Olives Market Overview 2021

Olives Market Size in the U.S.

The U.S. olives market soared to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Olives Production in the U.S.

In value terms, olives production soared to $X in 2020. In general, the total production indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2009 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level in 2020 and is expected to retain growth in the immediate term.

Olives Exports

Exports from the U.S.

In 2020, exports of olives (prepared or preserved ) from the U.S. shrank notably to X tonnes, with a decrease of -X% on the year before. In general, exports, however, recorded a pronounced increase. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. From 2015 to 2020, the growth exports remained at a lower figure.

In value terms, olives exports declined rapidly to $X in 2020. Overall, exports, however, showed noticeable growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2015 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Canada (X tonnes) was the main destination for olives exports from the U.S., with a X% share of total exports. Moreover, olives exports to Canada exceeded the volume sent to the second major destination, Japan (X tonnes), threefold. Mexico (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 Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Mexico (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Mexico (+X% per year).

Export Prices by Country

In 2020, the average olives export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2017 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Colombia ($X per tonne), while the average price for exports to Japan ($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 Costa Rica, while the prices for the other major destinations experienced more modest paces of growth.

Olives Imports

Imports into the U.S.

In 2020, overseas purchases of olives (prepared or preserved ) decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2019, and then reduced rapidly in the following year.

In value terms, olives imports amounted to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

Spain (X tonnes), Greece (X tonnes) and Morocco (X tonnes) were the main suppliers of olives imports to the U.S., with a combined X% share of total imports. These countries were followed by Italy, Egypt, Portugal and Turkey, which together accounted for a further X 2007 to 2020, the biggest increases were in Egypt, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Greece ($X) and Morocco ($X) constituted the largest olives suppliers to the U.S., together accounting for X% of total imports. Italy, Egypt, Portugal and Turkey lagged somewhat behind, together comprising a further X terms of the main suppliers, Egypt recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average olives import price amounted to $X per tonne, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Portugal, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI 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 (925K tonnes), Spain (505K tonnes) and India (369K tonnes), with a combined 30% share 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 Spain (945K tonnes), China (924K tonnes) and India (367K tonnes), with a combined 37% share of global production. These countries were followed by Greece, the U.S., Japan, Indonesia, Pakistan, Russia, Bangladesh, Turkey, Mexico and Nigeria, which together accounted for a further 23%.
What are the leading suppliers of olives (prepared or preserved ) to the U.S.?
+
In value terms, the largest olives suppliers to the U.S. were Spain ($171M), Greece ($160M) and Morocco ($36M), together comprising 82% of total imports. Italy, Egypt, Portugal and Turkey lagged somewhat behind, together accounting for a further 15%.
What are the leading importers of olives (prepared or preserved ) from the U.S.?
+
In value terms, Canada ($5.7M) remains the key foreign market for olives exports from the U.S., comprising 48% of total exports. The second position in the ranking was occupied by Japan ($1.7M), with a 15% share of total exports. It was followed by Mexico, with a 7.8% share.
What is the average export price for olives (prepared or preserved ) in the U.S.?
+
In 2020, the average olives export price amounted to $2,123 per tonne, shrinking by -2% against the previous year.
What is the average import price for olives (prepared or preserved ) in the U.S.?
+
In 2020, the average olives import price amounted to $3,615 per tonne, surging by 52% 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 the U.S.. 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:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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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