MARKET NEWSLETTER – DECEMBER 2014

At the close of the 2013/14 crop year, imports by the United States, the world’s top importer of olive oil, totalled 312 557.80 t and were 5 pc higher than in 2012/13. Table 1 itemises US imports by country of origin. As can be seen, EU countries recorded a 15-point gain in their share of the US total, which went up from 71 pc in 2012/13 to 86 pc in 2013/2014 driven by high production in Spain. Accounting for 44 pc of total US imports, Italy is still the lead ...