IMPORT FIGURES OF OLIVE OIL IN THE EXTRA-EU (27)

In December of the 2021/2022 crop year, the unit value index of extra-EU imports increased by 3.1% compared to the previous month. The unit value of extra-EU imports stood at €318 per 100kg (+8.4%). Also in December, the imports from Tunisia to the EU reached 21 888.2 tonnes (+259.7%, compared to the previous month).

In the 2019/2020 crop year, extra-EU imports of olive oil reached 252 486 tonnes for an estimated value of €493.8 million (+71.9% and +29.7% respectively compared to the previous crop year).

As for first estimates of the 2020/2021 crop year, extra-EU imports of olive oil reached 167 616 tonnes for an estimated value of €393.4 million (-33.6% and -20.3% respectively compared to the previous crop year).

Tunisia, Turkey, Argentina and Morocco are the most representative partners of the EU. They cover around 90% of imports from the EU.

In terms of volumes by product category in the 2019/2020 crop year, 62.5% of total imports were under code 15091020 (extra virgin olive oil), followed by imports under code 15091010 (Virgin lampante) with 31.5%, 15099000 (Other olive oils) with 3.3%, and the remaining 2.7% under 15091080 (Virgin olive oil).

In December of the 2021/2022 crop year, the unit value index of extra-EU imports stood at 115.2 (+49.4% compared to the same period the previous crop year or +3.1% compared to the previous month).

Also that month, the unit value of extra-EU imports stood at €318 per 100kg (+37.3% compared to the same period the previous crop year or +8.4% compared to the previous month) while the import volume stood at 23 496.3 tonnes (+45.8% compared to the same period the previous crop year or +171.6% compared to the previous month).

In December, extra-EU imports mainly came from Tunisia (+59.4%), Turkey (-81.7%), Argentina (+0.2%), Morocco (-38.7%), Peru (-66.3%), and the Syrian Arab Republic (-81.6%), compared to the same period the previous crop year.

Tunisia is the main partner of the EU with a share of 93.2%. The import volume from the country stood at 21 888.2 tonnes (+59.4% compared to the same period the previous crop year or +259.7% compared to the previous month). The table below shows imports by month and partner country of the EU (tonnes).

The unit value of extra-EU imports from Tunisia stood at €316 per 100kg (+41% compared to the same period the previous crop year or +13% compared to the previous month), while the unit value of total imports from outside the EU was €317.6, (-€1.4).