2019/2020
## Row
Production
Consumption
Imports
## Row
Production
-2%Comsumption
+6%Imports
+3%## Row
Extra virgin olive oil prices in Jaén-Spain (€/100kg)
Extra virgin olive oil prices in Bari-Italy (€/100kg)
Extra virgin olive oil prices in Chania-Greece (€/100kg)
Row
Extra virgin olive oil prices. Jaén-Spain
-10.6%Extra virgin olive oil prices. Bari-Italy
-32.7%Extra virgin olive oil prices. Chania-Greece
-22.5%## Row
Australia imports
Brazil imports
Canada imports
China imports
Row
Australia
+9.5%Brazil
+19.8%Canada
+21.9%China
+9.9%Row
Japan imports
Russia imports
Usa imports
Extra-EU imports
Row
Japan
+2.9%Russia
+14.7%USA
+7.4%Extra-EU
+50.6%Production
- Provisional data for the 2018/19 crop year point to a 4.8% decrease, leaving production at 3 217 500 t. The production estimate for the 2019/20 crop year puts production at 3 144 000 t (-2.3%).
Row
2017/2018
+32%2018/2019
-5%2019/2020
-2%Row
Changes in production olive oil. Annual variation rates with baseline 1958/59
Distribution of olive oil
Column
World olive oil production, 2018/19 crop year (*)
Column
Production of olive oil
Row
Source: own elaboration based on IOC balance sheets and estimates. Some of the data are subject to review. (*) Only extra EU trade.The United Kingdom is no longer a Member State of the European Union, however until the end of the transition period it is still part of the EU Customs Union, figures for the 2019/20 crop year include EU+UK. Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil. (1) Provisional, (2) Prevision. Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department, https://www.internationaloliveoil.org/
Consumption
- Provisional data for the 2018/19 crop year point to a 4.3% fall, leaving consumption at 2 909 000 t. Estimates for the 2019/20 crop year put consumption above 3 000 000 t.
Row 1
2017/2018
+11%2018/2019
-4%2019/2020
+6%Row
Changes in consumption olive oil. Annual variation rates with baseline 1958/59
Distribution of olive oil consumption
Row
Consumption in kg of olive oil per inhabitant-IOC members
Consumption in kg of olive oil per inhabitant-IOC members EU
Consumption in kg of olive oil per inhabitant-Non IOC members
Column
Consumption of olive oil
Row
Source: own elaboration based on IOC balance sheets and UN DESA population division. Some of the data are subject to review. Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil. (1) Provisional, (2) Prevision. The United Kingdom is no longer a Member State of the European Union, however until the end of the transition period it is still part of the EU Customs Union, figures for the 2019/20 crop year include EU+UK. Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department, https://www.internationaloliveoil.org/
Imports
The trade figures for olive oil in the eight main markets in the first 8 months of the current crop year show a +17.4% compared to the same period the previous crop year.
Provisional data for the 2018/19 crop year point to a 2.7% increase, leaving import at 968 000 t. The import estimate for the 2019/20 crop year puts production at 994 000 t (+2.7%).
The United States accounts for around 36% of world imports of olive oil, placing it in first place followed by the European Union with 15%; Brazil with 8%; Japan with 7%; and Canada with 5%. This makes a total of 71% of imports worldwide. The rest of the importer countries account for just under 5%.
Row 1
2017/2018
+21%2018/2019
+3%2019/2020
+3%Row
Changes in imports olive oil. Annual variation rates with baseline 1958/59
Olive oil and olive-pomace oil, percentage world imports (average over 6 crop years)
Column
2019/2020 monthly imports of olive oil
Column
First 8 months olive oil imports
12 months
Column
First 8 months olive pomace oil imports
12 months
Column
Imports of olive oil (*)
Row
Source: own elaboration based on IOC balance sheets; United States Department of Agriculture Foreign Agricultural Service; Statistics CANADA - International Trade Division; Australian Bureau of Statistics; Ministerio do Desenvolvimento, Industria e Comercio Exterior, Brasil; Trade Statistics of Japan - Ministry of Finance; EUROSTAT; and Global Trade International. Some of the data are subject to review. Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil. (*) Only extra EU trade. Data in tonnes 1t=1000kg=1Mg. The United Kingdom is no longer a Member State of the European Union, however until the end of the transition period it is still part of the EU Customs Union, figures for the 2019/20 crop year include EU+UK.Extra EU: Imports from outside the EU; Intra EU: Imports from inside the EU. (1) Provisional, (2) Prevision. Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department, https://www.internationaloliveoil.org/
Flows 2019/2020
- Spain, Tunisia, Italy and Portugal are the main origin countries of the current crop year.
## Row
Imports
-2.5%Imports TUNISIA
+63.7%Imports
+0.6%Imports
+56.4%## Row
Imports
-8.9%Imports
+47.7%Imports
-1.9%Imports
-9.6%Column
Olive oil flows to the main importing markets
EU-Extra
EU-Intra
Source: own elaboration based on United States Department of Agriculture Foreign Agricultural Service; Statistics CANADA - International Trade Division; Australian Bureau of Statistics; Ministerio do Desenvolvimento, Industria e Comercio Exterior, Brasil; Trade Statistics of Japan - Ministry of Finance; Global Trade International; and EUROSTAT. Some of the data are subject to review. Data in tonnes 1t=1000kg=1Mg. Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil.The United Kingdom is no longer a Member State of the European Union, however until the end of the transition period it is still part of the EU Customs Union, figures for the 2019/20 crop year include EU+UK. Extra EU: Imports from outside the EU; Intra EU: Imports from inside the EU. Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department, https://www.internationaloliveoil.org/
Flows 2018/2019
- Spain, Tunisia, Italy and Portugal are the main origin countries of the 2018/2019 crop year.
## Row
Imports
+27.4%Imports ITALY
+6.5%Imports
-14.7%Imports
+26.2%## Row
Imports
-32.1%Imports
+164.2%Imports
+5.5%Imports
-36.8%Column
Olive oil flows to the main importing markets
EU-Extra
EU-Intra
Row
Source: own elaboration based on United States Department of Agriculture Foreign Agricultural Service; Statistics CANADA - International Trade Division; Australian Bureau of Statistics; Ministerio do Desenvolvimento, Industria e Comercio Exterior, Brasil; Trade Statistics of Japan - Ministry of Finance; Global Trade International; and EUROSTAT. Some of the data are subject to review.Data in tonnes 1t=1000kg=1Mg. Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil. The United Kingdom is no longer a Member State of the European Union, however until the end of the transition period it is still part of the EU Customs Union, figures for the 2019/20 crop year include EU+UK.Extra EU: Imports from outside the EU; Intra EU: Imports from inside the EU. Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department, https://www.internationaloliveoil.org/
Prices Jaén-Spain
Extra virgin olive oil prices in Jaén-Spain stood at 197.1 €/100kg (-10.6% compared to the same period previous crop year).
Refined olive oil prices in Jaén-Spain stood at 168 €/100kg (-13.8% compared to the same period previous crop year).
Row 1
Extra virgin olive oil price
-10.6%Virgin olive oil price
-13.4%Refined olive oil
-13.8%Row
Column
Prices
Week over week variation rates
Column
Prices
Week over week variation rates
Row
IOC own elaboration based on data from the European Commission; the Ministry for Agriculture, Fisheries and Food of Spain; ISMEA (Italy); and information provided by member countries. Some of the data are subject to review. Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil. Olive oil prices in oil mill, in € / 100 kg, without VAT Reg. C.E. 865/04 and 826/08 Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department https://www.internationaloliveoil.org/
Prices Bari-Italy
- Extra virgin olive oil prices in Bari-Italy stood at 340 €/100kg (-32.7% compared to the same period previous crop year).
Row 1
Extra virgin olive oil price
-32.7%Row
Column
Prices
Week over week variation rates
Column
Prices
Row
IOC own elaboration based on data from the European Commission; the Ministry for Agriculture, Fisheries and Food of Spain; ISMEA (Italy); and information provided by member countries. Some of the data are subject to review. Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil. Olive oil prices in oil mill, in € / 100 kg, without VAT Reg. C.E. 865/04 and 826/08 Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department https://www.internationaloliveoil.org/
Prices Chania-Greece
- Extra virgin olive oil prices in Chania-Greece stood at €200 per 100kg (-22.5% compared to the same period previous crop year).
Row 1
Extra virgin olive oil price
-22.5%Virgin olive oil price
-46.9%Row
Column
Prices
Week over week variation rates
Column
Prices
Row
IOC own elaboration based on data from the European Commission; the Ministry for Agriculture, Fisheries and Food of Spain; ISMEA (Italy); and information provided by member countries. Some of the data are subject to review. Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil. Olive oil prices in oil mill, in € / 100 kg, without VAT Reg. C.E. 865/04 and 826/08 Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department https://www.internationaloliveoil.org/