EXPORT FIGURES OF OLIVE OIL IN THE EUROPEAN UNION (EU-27)

1 notes

As for first estimates of the 2020/2021 crop year, extra-EU exports of olive oli reached 804 009 tonnes for an estimated value of €2 856.2 millions (-2% and +6% , respectively, compared to the previous crop year).

In February of the 2021/2022 crop year, the unit value index of extra-EU exports increased by +1% compared to the previous month. The unit value of extra-EU exports stood at €420 per 100kg (+0.4% compared to the previous month).

Spanish exports of olive oil reached 1 106 058 tonnes in the 2020/2021 crop year for an estimated value of €3.189 billion, placing it in first place followed by Italy with 350 225 tonnes and €1.437 billion ; Portugal with 191 954 tonnes and €590.5 millions ; and Greece with 171 850 tonnes and €582.1 millions.

In the 2020/2021 crop year, extra-EU exports of olive oil reached 804 009 tonnes for an estimated value of €2.856 billion (-2% and +6% , respectively, compared to the previous crop year).

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
Volume Value Volume Value Volume Value Volume Value Volume Value
Spain 338 408 1 381.0 400 231 1 327.0 475 708 1 358.4 464 598 1 453.0 181 689 688.1
Italy 198 365 969.3 210 590 953.5 230 931 909.1 222 606 944.5 91 758 430.4
Portugal 58 415 280.5 65 005 263.5 80 359 280.7 76 087 284.9 26 661 114.0
Greece 20 251 97.7 22 218 95.1 23 164 91.9 24 536 102.4 9 568 45.5
Others 8 738 49.0 10 843 56.6 10 592 53.3 16 183 71.4 7 203 33.4
Total 624 176 2 777.5 708 887 2 695.7 820 755 2 693.5 804 009 2 856.2 316 879 1 311.4
* Extra EU exports by exporting country and crop year. Volume in tonnes. Value in millions. 2021/2022 from October to February

On the other hand, intra-EU exports reached 1 056 041 tonnes for an estimated value of €3.125 billion (-0.4% and +17%, respectively, compared to the previous crop year).

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
Volume Value Volume Value Volume Value Volume Value Volume Value
Spain 541 360 1 720.4 631 942 1 672.0 645 882 1 446.2 641 460 1 736.5 220 937 708.6
Greece 136 679 497.2 90 965 289.3 137 691 358.7 147 314 479.7 49 805 185.5
Portugal 100 219 327.8 94 030 261.9 128 163 306.0 115 867 305.6 101 009 302.4
Italy 95 598 451.5 96 509 413.9 124 657 450.2 127 619 492.7 46 442 198.1
Others 20 842 104.5 22 923 110.4 23 811 109.2 23 782 110.7 8 477 42.2
Total 894 698 3 101.4 936 369 2 747.5 1 060 205 2 670.3 1 056 041 3 125.1 426 669 1 436.8
* Intra EU exports by exporting country and crop year. Volume in tonnes. Value in millions. 2021/2022 from October to February

In terms of volumes by product category in the 2019/2020 crop year, 70.7% of total exports were under code 15091020 (extra virgin olive oil), followed by imports under 15091080 (Virgin olive oil) with 5.8%, 15099000 (Other olive oils) with 19%, and the remaining 4.4% under 15091010 (Virgin lampante).

In February of the 2021/2022 crop year, the unit value index of extra-EU exports stood at 110.4 (+31.9% compared to the same period previous crop year or +1% compared to the previous month).

Also in February of the 2021/2022 crop year, the unit value of extra-EU exports stood at €420 per 100kg (+21.5% compared to the same period previous crop year or +0.4% compared to the previous month) while the export volume stood at 66 458.9 tonnes (+4.9% compared to the same period previous crop year or +21.6% compared to the previous month).

Extra-EU exports mainly went to Australia(-21.8%), Brazil(-7.7%), Canada(+2.4%), China(+14.4%), Japan(+6.4%), Republic of Korea(-1.5%), Russian Federation(-20.1%), United kingdom(+46.2%), United States(+12.4%), compared to the same period the previous crop year.

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
Volume Value Volume Value Volume Value Volume Value Volume Value
United States 194 473 875.4 242 390 937.9 271 868 887.3 275 427 962.6 107 129 434.3
Brazil 67 511 325.9 71 532 291.0 93 657 325.1 87 629 328.5 31 957 139.7
United Kingdom 61 218 235.0 61 686 212.6 74 984 215.4 69 806 219.3 28 425 103.9
Japan 49 394 229.4 65 319 254.6 67 839 230.0 55 968 206.7 23 373 98.4
China 35 080 144.4 44 392 140.3 46 227 127.3 40 350 128.1 15 680 60.1
Canada 29 700 130.3 28 187 109.3 36 139 117.4 31 029 113.2 11 788 54.5
Australia 28 991 118.1 26 197 91.4 36 043 109.1 31 512 101.3 10 182 37.6
Switzerland 14 101 76.4 14 662 73.2 17 663 84.7 17 477 86.0 6 840 37.5
Russia 13 183 64.3 15 057 63.8 16 953 65.8 18 170 73.4 6 903 31.5
Mexico 11 785 54.0 12 557 52.9 16 507 57.4 19 509 72.4 8 200 35.0
South Korea 12 479 50.6 15 435 51.2 15 618 51.2 21 350 77.1 9 900 39.5
Others 106 261 473.7 111 473 417.5 127 256 422.7 135 783 487.5 56 501 239.4
Total 624 176 2 777.5 708 887 2 695.7 820 755 2 693.5 804 009 2 856.2 316 879 1 311.4
* Extra EU exports by partner and crop year. Volume in tonnes.Value in millions. 2021/2022 from October to February

Intra-EU exports mainly went to Italy, France, Portugal, Spain, Germany, Netherlands, and Belgium.

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
Volume Value Volume Value Volume Value Volume Value Volume Value
Italy 419 049 1 320.3 452 761 1 176.6 472 363 1 033.3 451 570 1 271.7 197 821 636.6
Portugal 98 209 451.7 108 146 399.7 137 060 379.9 151 463 441.6 39 539 147.3
France 122 735 305.3 125 054 260.0 136 901 278.5 142 897 378.4 40 762 121.1
Spain 78 032 243.4 64 851 167.3 99 051 218.0 90 512 224.3 68 333 199.6
Germany 67 237 318.5 71 334 308.2 87 502 331.9 92 292 356.8 34 255 143.2
Netherlands 23 677 86.8 22 178 76.6 24 938 74.4 26 603 82.7 9 043 34.6
Belgium 16 376 76.5 18 098 74.4 22 042 77.8 19 130 71.8 6 379 27.3
Poland 9 580 36.8 11 342 39.0 13 934 42.0 12 929 45.2 5 733 22.4
Austria 10 796 52.2 9 895 47.4 10 688 44.3 10 094 45.8 3 595 18.6
Others 49 008 209.8 52 709 198.4 55 727 190.2 58 551 206.9 21 209 86.2
Total 894 698 3 101.4 936 369 2 747.5 1 060 205 2 670.3 1 056 041 3 125.1 426 669 1 436.8
* Intra EU exports by partner and crop year. Volume in tonnes. Value in millions. 2021/2022 from October to February

By country, Greece, Italy, Portugal and Spain are the most representative olive oil exporters from the European Union to other countries. They cover around 70% of global olive oil exports.

Spain

The IOC’s figures for Spain from February of the 2021/2022 crop year put the unit value index of exports at 118.8 (+36.2% compared to the same period previous crop year or +0.7% compared to the previous month).

The unit value of extra-EU exports stood at €384 per 100kg (+26% compared to the same period previous crop year or +0.9% compared to the previous month) while the export volume stood at 38 196.9 tonnes (+3.4% compared to the same period previous crop year or +28.1% compared to the previous month).

Spanish exports mainly went to Australia(-14%), Brazil(-9.5%), Canada(-52.8%), China(+13.5%), Japan(-7.3%), Republic of Korea(+4.8%), Russian Federation(-2.6%), United kingdom(+56.4%), United States(+20.7%), compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €326 per 100kg (+33.3% compared to the same period previous crop year or -0.7% compared to the previous month) while the export volume stood at 52 032.6 tonnes (-25.3% compared to the same period previous crop year or +14.7% compared to the previous month).

Italy

The IOC’s figures for Italy from February of the 2021/2022 crop year put the unit value index at 108.8 (+23.5% compared to the same period previous crop year or +6.5% compared to the previous month).

The unit value of extra-EU exports stood at €476 per 100kg (+13.7% compared to the same period previous crop year or +0.4% compared to the previous month) while the export volume stood at 18 846.6 tonnes (+10.1% compared to the same period previous crop year or +13.7% compared to the previous month).

Extra-EU exports mainly went to Australia(-51.7%), Brazil(+49.4%), Canada(+62.5%), China(+22.9%), Japan(+32.3%), Republic of Korea(-37.7%), Russian Federation(-16.3%), United kingdom(+33.2%), United States(-1.3%), compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €450 per 100kg (+20.7% compared to the same period previous crop year or +16.6% compared to the previous month) while the export volume stood at 9 353.6 tonnes (-0.2% compared to the same period previous crop year or -0.8% compared to the previous month).

Greece

The IOC’s figures for Greece from February of the 2021/2022 crop year put unit value index of exports at 115.5 (+14.4% compared to the same period previous crop year or +1.8% compared to the previous month).

the unit value of extra-EU exports stood at €474 per 100kg (+20.9% compared to the same period previous crop year or -1.2% compared to the previous month) while the export volume stood at 2 361.1 tonnes (+17.1% compared to the same period previous crop year or +67.6% compared to the previous month). The volume exported to United States was +23.5% compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €382 per 100kg (+20.2% compared to the same period previous crop year or +1.8% compared to the previous month) while the export volume stood at 10 271.7 tonnes (-25.4% compared to the same period previous crop year or +2.6% compared to the previous month).

Portugal

The IOC’s figures for Portugal from February of the 2021/2022 crop year put the unit value index of exports at 96.4 (+14.9% compared to the same period previous crop year or +1% compared to the previous month).

The unit value of extra-EU exports stood at €423 per 100kg (+18.1% compared to the same period previous crop year or -1.3% compared to the previous month) while the export volume stood at 5 757.7 tonnes (-3.1% compared to the same period previous crop year or +1.1% compared to the previous month). The volume exported to Brazil was -11.2% compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €319 per 100kg (+28.7% compared to the same period previous crop year or +1.4% compared to the previous month) while the export volume stood at 15 165.9 tonnes (+5.8% compared to the same period previous crop year or -5.6% compared to the previous month).

1. Extra-EU

In February of the 2021/2022 crop year, the unit value index of the extra-EU in stood at 110.4 (+31.9% compared to the same period previous crop year or +1% compared to the previous month).

  • In February, The unit value of exports stood at €420 per 100kg (+21.5% compared to the same period previous crop year or +0.4% compared to the previous month).

  • In February, The volume of exports in stood at 66 458.9 tonnes (+4.9% compared to the same period previous crop year or +21.6% compared to the previous month). Exports mainly went to Australia(-21.8%), Brazil(-7.7%), Canada(+2.4%), China(+14.4%), Japan(+6.4%), Republic of Korea(-1.5%), Russian Federation(-20.1%), United States(+12.4%), compared to the same period the previous crop year.

Extra virgin olive oil

  • In February, the unit value index of exports stood at 109.5 (+27.3% compared to the same period previous crop year or +0.6% compared to the previous month).

  • In February,The unit value of exports stood at €440.4 per 100kg (+19.2% compared to the same period previous crop year or +0.5% compared to the previous month).

  • In February, the volume of exports stood at 45 948.9 tonnes (+2.4% compared to the same period previous crop year or +17.9% compared to the previous month).

Virgin olive oil

  • In February, the unit value index of exports stood at 103.5 (+35.6% compared to the same period previous crop year or +12.5% compared to the previous month).

  • In February, the unit value of exports stood at €422.3 per 100kg (+14.3% compared to the same period previous crop year or +12.5% compared to the previous month).

  • In February, the export volume stood at 645.7 tonnes (-38.1% compared to the same period previous crop year or -10.9% compared to the previous month).

Other olive oils

  • In February, the unit value index of exports stood at 120.4 (+36.4% compared to the same period previous crop year or +1% compared to the previous month).

  • In February, the unit value of exports stood at €373.1 per 100kg (+32% compared to the same period previous crop year or +1% compared to the previous month).

  • In February, the export volume stood at 19 783.5 tonnes (+14.7% compared to the same period previous crop year or +32.9% compared to the previous month).

Pomace olive oil

  • In February, the unit value index of exports stood at 127.2 (+65.8% compared to the same period previous crop year or +7.9% compared to the previous month).

  • In February, the unit value of exports stood att €228.7 per 100kg (+42.1% compared to the same period previous crop year or +7.8% compared to the previous month).

  • In February, the export volume stood at 9 182.2 tonnes (+11.4% compared to the same period previous crop year or +16.6% compared to the previous month).

1.1 Olive oil

1.1.1 Export unit value (€ / 100 kg)

1.1.2 Export volume (tonnes)

1.1.3 Export value (€ - millions)

1.1.4 Export average price (€ / 100 kg)

1.2 Export unit value index

1.2.1 Export unit value index by product quality

1.2.2 Monthly export unit value index variation rates (%)

1.2.3 Month over month export unit value index variation rates (%)

1.3 Export by product quality

1.3.1 Export unit value (€ / 100 kg)

1.3.2 Export volume (tonnes)

1.4 Olive oil export by country (Extra-EU)

1.4.1 Export unit value (€ / 100 kg)

1.4.2 Export volume (tonnes)

1.5 Extra virgin olive oil export by country (Extra-EU)

1.5.1 Export unit value (€ / 100 kg)

1.5.2 Export volume (tonnes)

1.6 Flows

1.6.1 Extra-EU (2019/2020) (tonnes)

1.6.2 Extra-EU, value (2019/2020) (€ - millions)

1.6.3 Extra-EU, volume (2020/2021) (tonnes)

1.6.4 Extra-EU, value (2020/2021) (€ - millions)

2 Intra-EU

2.1 Olive oil

2.1.1 Export unit value (€ / 100 kg)

2.1.2 Export volume (tonnes)

2.1.3 Export value (€ - millions)

2.1.4 Export average price (€ / 100 kg)

2.2 Flows

2.2.1 Intra-EU (2019/2020) (tonnes)

3. Spain

In February of the 2021/2022 crop year, the unit value index of extra-EU exports stood at 118.8 (+36.2% compared to the same period previous crop year or +0.7% compared to the previous month).

Extra-EU

  • In February, the unit value of exports stood at €384 per 100kg (+26% compared to the same period previous crop year or +0.9% compared to the previous month).

  • In February, the volume of exports stood at 38 196.9 tonnes (+3.4% compared to the same period previous crop year or +28.1% compared to the previous month). Exports mainly went to Australia(-14%), Brazil(-9.5%), Canada(-52.8%), China(+13.5%), Japan(-7.3%), Republic of Korea(+4.8%), Russian Federation(-2.6%), United kingdom(+56.4%), United States(+20.7%), compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In February, the unit value of exports stood at €326 per 100kg (+33.3% compared to the same period previous crop year or -0.7% compared to the previous month).

  • In February, the volume of exports stood at 52 032.6 tonnes (-25.3% compared to the same period previous crop year or +14.7% compared to the previous month).

Extra virgin olive oil

  • In February, the unit value index of exports stood at 116.6 (+30.7% compared to the same period previous crop year or -0.1% compared to the previous month).

  • In February, the unit value of exports stood at €362.3 per 100kg (+25.9% compared to the same period previous crop year or -0.1% compared to the previous month).

  • In February, the volume of exports stood at 60 481.1 tonnes (-13% compared to the same period previous crop year or +17.3% compared to the previous month).

Virgin olive oil

  • In February, the unit value index of exports stood at 129.4 (+42.2% compared to the same period previous crop year or -0.5% compared to the previous month).

  • In February, the unit value of exports stood at €345.2 per 100kg (+41.9% compared to the same period previous crop year or -0.6% compared to the previous month).

  • In February, the volume of exports stood at 1 833.5 tonnes (-73.6% compared to the same period previous crop year or -4.5% compared to the previous month).

Other olive oils

  • In February, the unit value index of exports stood at 128.2 (+44.9% compared to the same period previous crop year or +3.1% compared to the previous month).

  • In February, the unit value of exports stood at €334.1 per 100kg (+37% compared to the same period previous crop year or +3.1% compared to the previous month).

  • In February, the volume of exports stood at 24 410.7 tonnes (+9.1% compared to the same period previous crop year or +30.2% compared to the previous month).

Pomace olive oil

  • In February, the unit value index of exports stood at 136.8 (+78.8% compared to the same period previous crop year or +8.2% compared to the previous month).

  • In February, the unit value of exports stood at €212.7 per 100kg (+49.4% compared to the same period previous crop year or +8.2% compared to the previous month).

  • In February, the volume of exports stood at 12 794.4 tonnes (+26.8% compared to the same period previous crop year or +43.6% compared to the previous month).

3.1 Olive oil

3.1.1 Export unit value (€ / 100 kg)

3.1.2 Export volume (tonnes)

3.1.3 Export value (€ - millions)

3.1.4 Export average price (€ / 100 kg)

3.2 Export unit value index

3.2.1 Export unit value index by product quality

3.2.2 Monthly export unit value index variation rates (%)

3.2.3 Month over month export unit value index variation rates (%)

3.3 Export by product quality

3.3.1 Export unit value (€ / 100 kg)

3.3.2 Export volume (tonnes)

3.4 Olive oil export by country (Extra-EU)

3.4.1 Export unit value (€ / 100 kg)

3.4.2 Export volume (tonnes)

3.5 Extra virgin olive oil export by country (Extra-EU)

3.5.1 Export unit value (€ / 100 kg)

3.5.2 Export volume (tonnes)

3.6 Olive oil export unit value by country (Intra-EU)

3.6.1 Export unit value (€ / 100 kg)

3.6.2 Export volume (tonnes)

3.7 Extra virgin olive oil export by country (Intra-EU)

3.7.1 Export unit value (€ / 100 kg)

3.7.2 Export volume (tonnes)

4. Italy

In February of the 2021/2022 crop year, the unit value index of exports stood at 108.8 (+23.5% compared to the same period previous crop year or +6.5% compared to the previous month).

Extra-EU

  • In February, the unit value of exports stood at €476 per 100kg (+13.7% compared to the same period previous crop year or +0.4% compared to the previous month).

  • In February, the volume of exports stood at 18 846.6 tonnes (+10.1% compared to the same period previous crop year or +13.7% compared to the previous month). Exports mainly went to Australia(-51.7%), Brazil(+49.4%), Canada(+62.5%), China(+22.9%), Japan(+32.3%), Republic of Korea(-37.7%), Russian Federation(-16.3%), United kingdom(+33.2%), United States(-1.3%), compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In February stood at, the unit value of exports €450 per 100kg (+20.7% compared to the same period previous crop year or +16.6% compared to the previous month).

  • In February, the volume of exports stood at 9 353.6 tonnes (-0.2% compared to the same period previous crop year or -0.8% compared to the previous month).

Extra virgin olive oil

  • In February, the unit value index of exports stood at 108.5 (+22.5% compared to the same period previous crop year or +7.3% compared to the previous month).

  • In February, the unit value of exports stood at €484.5 per 100kg (+16.2% compared to the same period previous crop year or +7.3% compared to the previous month).

  • In February stood at, the volume of exports stood at February stood at 22 409.1 tonnes (+0.9% compared to the same period previous crop year or +4.9% compared to the previous month).

Virgin olive oil

  • In February, the unit value index of exports stood at 105.6 (+39.3% compared to the same period previous crop year or +14.3% compared to the previous month).

  • In February, the unit value of exports stood at €510.1 per 100kg (+17.4% compared to the same period previous crop year or +14.2% compared to the previous month).

  • In February stood at, the volume of exports stood at 79.6 tonnes (-79.4% compared to the same period previous crop year or -46.3% compared to the previous month).

Other olive oils

  • In February, the unit value index of exports stood at 114.2 (+27.2% compared to the same period previous crop year or +0.5% compared to the previous month).

  • In February, the unit value of exports stood at €401.9 per 100kg (+27.3% compared to the same period previous crop year or +0.5% compared to the previous month).

  • In February stood at, the volume of exports stood at 5 626.7 tonnes (+51% compared to the same period previous crop year or +26.1% compared to the previous month).

Pomace olive oil

  • In February, the unit value index of exports stood at 114.3 (+29% compared to the same period previous crop year or +7% compared to the previous month).

  • In February, the unit value of exports stood at €192.2 per 100kg (+26.9% compared to the same period previous crop year or +7% compared to the previous month).

  • In February stood at, the volume of exports stood at 3 584.1 tonnes (+10.7% compared to the same period previous crop year or +5.4% compared to the previous month).

4.1 Olive oil

4.1.1 Export unit value (€ / 100 kg)

4.1.2 Export volume (tonnes)

4.1.3 Export value (€ - millions)

4.1.4 Export average price (€ / 100 kg)

4.2 Export unit value index

4.2.1 Export unit value index by product quality

4.2.2 Monthly export unit value index variation rates (%)

4.2.3 Month over month export unit value index variation rates (%)

4.3 Export by product quality

4.3.1 Export unit value (€ / 100 kg)

4.3.2 Export volume (tonnes)

4.4 Olive oil export by country (Extra-EU)

4.4.1 Export unit value (€ / 100 kg)

4.4.2 Export volume (tonnes)

4.5 Extra virgin olive oil export by country (Extra-EU)

4.5.1 Export unit value (€ / 100 kg)

4.5.2 Export volume (tonnes)

4.6 Olive oil export unit value by country (Intra-EU)

4.6.1 Export unit value (€ / 100 kg)

4.6.2 Export volume (tonnes)

4.7 Extra virgin olive oil export by country (Intra-EU)

4.7.1 Export unit value (€ / 100 kg)

4.7.2 Export volume (tonnes)

5. Greece

In February of the 2021/2022 crop year, the unit value index of exports stood at 115.5 (+14.4% compared to the same period previous crop year or +1.8% compared to the previous month).

Extra-EU

  • In February, yhe unit value of exports stood at €474 per 100kg (+20.9% compared to the same period previous crop year or -1.2% compared to the previous month).

  • In February, the volume of exports stood at 2 361.1 tonnes (+17.1% compared to the same period previous crop year or +67.6% compared to the previous month). The volume exported to United States was +23.5% compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In February, the unit value of exports stood at €382 per 100kg (+20.2% compared to the same period previous crop year or +1.8% compared to the previous month).

  • In February, the volume of exports stood at 10 271.7 tonnes (-25.4% compared to the same period previous crop year or +2.6% compared to the previous month).

Extra virgin olive oil

  • In February, the unit value index of exports stood at 118.1 (+17.4% compared to the same period previous crop year or +0.9% compared to the previous month).

  • In February, the unit value of exports stood at €408.8 per 100kg (+19.4% compared to the same period previous crop year or +0.8% compared to the previous month).

  • In February, the volume of exports stood at 10 978.2 tonnes (-16.3% compared to the same period previous crop year or +21.8% compared to the previous month).

Virgin olive oil

  • In February, the unit value index of exports stood at 129.2 (+32.6% compared to the same period previous crop year or -1.1% compared to the previous month).

  • In February, the unit value of exports stood at €376.2 per 100kg (+39.6% compared to the same period previous crop year or -1.1% compared to the previous month).

  • In February, the volume of exports stood at 583.2 tonnes (+170.3% compared to the same period previous crop year or -19.7% compared to the previous month).

Other olive oils

  • In February, the unit value index of exports stood at 105.8 (-10.6% compared to the same period previous crop year or +12% compared to the previous month).

  • In February, the unit value of exports stood at €321.3 per 100kg (+9.2% compared to the same period previous crop year or +12% compared to the previous month).

  • In February, the volume of exports stood at 876.2 tonnes (-22.9% compared to the same period previous crop year or -40.8% compared to the previous month).

Pomace olive oil

  • In February, the unit value index of exports stood at 148.1 (+48.8% compared to the same period previous crop year or +12.2% compared to the previous month).

  • In February, the unit value of exports stood at €157.9 per 100kg (+79.6% compared to the same period previous crop year or +12.1% compared to the previous month).

  • In February, the volume of exports stood at 4 710.9 tonnes (-12.3% compared to the same period previous crop year or +5.5% compared to the previous month).

5.1 Olive oil

5.1.1 Export unit value (€ / 100 kg)

5.1.2 Export volume (tonnes)

5.1.3 Export value (€ - millions)

5.1.4 Export average price (€ / 100 kg)

5.2 Export unit value index

5.2.1 Export unit value index by product quality

5.2.2 Monthly export unit value index variation rates (%)

5.2.3 Month over month export unit value index variation rates (%)

5.3 Export by product quality

5.3.1 Export unit value (€ / 100 kg)

5.3.2 Export volume (tonnes)

5.4 Olive oil export by country (Extra-EU)

5.4.1 Export unit value (€ / 100 kg)

5.4.2 Export volume (tonnes)

5.5 Extra virgin olive oil export by country (Extra-EU)

5.5.1 Export unit value (€ / 100 kg)

5.5.2 Export volume (tonnes)

5.6 Olive oil export unit value by country (Intra-EU)

5.6.1 Export unit value (€ / 100 kg)

5.6.2 Export volume (tonnes)

5.7 Extra virgin olive oil export by country (Intra-EU)

5.7.1 Export unit value (€ / 100 kg)

5.7.2 Export volume (tonnes)

6. Portugal

In February of the 2021/2022 crop year, The unit value index of exports stood at 96.4 (+14.9% compared to the same period previous crop year or +1% compared to the previous month).

Extra-EU

  • In February, the unit value of exports stood at €423 per 100kg (+18.1% compared to the same period previous crop year or -1.3% compared to the previous month).

  • In February, The volume of exports stood at 5 757.7 tonnes (-3.1% compared to the same period previous crop year or +1.1% compared to the previous month). The volume exported to Brazil was -11.2% compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In February, the unit value of exports stood at €319 per 100kg (+28.7% compared to the same period previous crop year or +1.4% compared to the previous month).

  • In February, the volume of exports stood at 15 165.9 tonnes (+5.8% compared to the same period previous crop year or -5.6% compared to the previous month).

Extra virgin olive oil

  • In February, the unit value index of exports stood at 96.2 (+10.2% compared to the same period previous crop year or +3.7% compared to the previous month).

  • In February, the unit value of exports stood at €364.7 per 100kg (+17.9% compared to the same period previous crop year or +3.7% compared to the previous month).

  • In February, the volume of exports stood at 14 828.5 tonnes (+6.3% compared to the same period previous crop year or -9.5% compared to the previous month).

Virgin olive oil

  • In February, the unit value index of exports stood at 91 (-3.4% compared to the same period previous crop year or -2.7% compared to the previous month).

  • In February, the unit value of exports stood at €310.3 per 100kg (+22% compared to the same period previous crop year or -2.7% compared to the previous month).

  • In February, the volume of exports stood at 1 203.7 tonnes (+128.9% compared to the same period previous crop year or +173.6% compared to the previous month).

Other olive oils

  • In February, the unit value index of exports stood at 88.4 (+15.7% compared to the same period previous crop year or -7.6% compared to the previous month).

  • In February, the unit value of exports stood at €323.5 per 100kg (+22.4% compared to the same period previous crop year or -7.6% compared to the previous month).

  • In February, the volume of exports stood at 3 086.2 tonnes (+10% compared to the same period previous crop year or +6.1% compared to the previous month).

Pomace olive oil

  • In February, the unit value index of exports stood at 119 (+40.8% compared to the same period previous crop year or +14.2% compared to the previous month).

  • In February, the unit value of exports stood at €139.5 per 100kg (+61.5% compared to the same period previous crop year or +14.3% compared to the previous month).

  • In February, the volume of exports stood at 1 329.9 tonnes (+55.1% compared to the same period previous crop year or -16.1% compared to the previous month).

6.1 Olive oil

6.1.1 Export unit value (€ / 100 kg)

6.1.2 Export volume (tonnes)

6.1.3 Export value (€ - millions)

6.1.4 Export average price (€ / 100 kg)

6.2 export unit value index

6.2.1 Export unit value index by product quality

6.2.2 Monthly export unit value index variation rates (%)

6.2.3 Month over month export unit value index variation rates (%)

6.3 Export by product quality

6.3.1 Export unit value (€ / 100 kg)

6.3.2 Export volume (tonnes)

6.4 Olive oil export by country (Extra-EU)

6.4.1 Export unit value (€ / 100 kg)

6.4.2 Export volume (tonnes)

6.5 Extra virgin olive oil export by country (Extra-EU)

6.5.1 Export unit value (€ / 100 kg)

6.5.2 Export volume (tonnes)

6.6 Olive oil export unit value by country (Intra-EU)

6.6.1 Export unit value (€ / 100 kg)

6.6.2 Export volume (tonnes)

6.7 Extra virgin olive oil export by country (Intra-EU)

6.7.1 Export unit value (€ / 100 kg)

6.7.2 Export volume (tonnes)

Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department https://www.internationaloliveoil.org/

Some of the data are subject to review. Figures are subject to change or correction without notice.

Last update: 2022-May-17

IOC own elaboration based on data from the European Commission; EUROSTAT; the Ministry for Agriculture, Fisheries and Food of Spain; ISMEA (Italy); and information provided by member countries.

In order to make the historical data comparable the figures have been calculated for the EU-27. The United Kingdom is no longer a Member State of the European Union, however until the end of the transition period, 31 January 2020, it is still part of the EU Customs Union.

United kingdom data for January and February of 2021 were not available.

Some of the data are subject to review. Estimates are subject to change or correction without notice.

Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil.

Trade value in FOB type (free on board).

Export unit value in € / 100 kg.

Export value in € (1 millions = 106; 1 billion = 109).

Export volume in tonnes, 1t=1000kg=1Mg.

The unit value index of exports is based on Paasche’ Chain Index method. The data are not seasonally adjusted. The unit value is calculated as (trade value)/quantity.

Harmonized System Codes: Olive oil = 15091010+15091020+15091080+15099000.

15091010 Virgin lampante; 15091020 Extra virgin olive oil; 15091080 Virgin olive oil; 15099000 Other olive oils; 15100010 Crude olive-pomace oil; 15100090 Refined olive-pomace oil;

From January 2022:

Harmonized System Codes: Olive oil = 15094000+15092000+15093000+15099000.

15092000 Extra virgin olive oil (EU cat. 1) (15091020->15092000) 15093000 Virgin olive oil (EU cat. 2) (15091080->15093000) 15094000 Virgin lampante olive oil (EU cat. 3) (15091010->15094000) 15099000 Other olive oil (EU cat. 4 and 5) (15099000) 15101000 Crude olive pomace oil (EU cat. 6) (15100010->15101000) 15109000 Refined olive pomace oil (EU cat. 7 and 8) (15100090->15109000)