IMPORT FIGURES OF OLIVE OIL IN THE EXTRA-EU(27)
1 notes
In February of the 2021/2022 crop year, the unit value index of extra-EU imports increased by +2.1% compared to the previous month. The unit value of extra-EU imports stood at €308 per 100kg (-3.6%). Also in February, the imports of the European Union from Tunisia reached 11 247.4 tonnes (+131.8%, compared to the previous month).
In the 2019/2020 crop year, extra-EU imports of olive oil reached 252 505 tonnes for an estimated value of €493.9 millions (+71.9% and +29.7% , respectively, compared to the previous crop year).
As for first estimates of the 2020/2021 crop year, extra-EU exports of olive oil reached 167 644 tonnes for an estimated value of €393.4 millions (-33.6% and -20.3% , respectively, compared to the previous crop year).
| Volume | Value | Volume | Value | Volume | Value | Volume | Value | Volume | Value | |
|---|---|---|---|---|---|---|---|---|---|---|
| Spain | 99 794 | 324.6 | 84 133 | 208.2 | 151 997 | 274.9 | 100 655 | 207.8 | 36 162 | 100.9 |
| Italy | 64 294 | 214.5 | 48 490 | 118.2 | 81 814 | 156.9 | 51 159 | 126.6 | 19 681 | 62.2 |
| France | 9 000 | 37.3 | 7 514 | 26.9 | 9 192 | 31.0 | 8 303 | 29.2 | 4 103 | 15.6 |
| Portugal | 3 998 | 13.5 | 699 | 1.8 | 2 273 | 4.5 | 436 | 1.2 | 0 | 0.0 |
| Belgium | 1 601 | 6.9 | 1 838 | 7.1 | 1 765 | 6.5 | 2 750 | 10.4 | 676 | 2.6 |
| Netherlands | 968 | 5.7 | 1 258 | 8.1 | 1 593 | 9.1 | 1 470 | 8.7 | 571 | 3.4 |
| Others | 2 514 | 10.3 | 2 975 | 10.2 | 3 871 | 10.9 | 2 871 | 9.6 | 887 | 4.1 |
| Total | 182 169 | 612.9 | 146 907 | 380.7 | 252 505 | 493.9 | 167 644 | 393.4 | 62 079 | 188.8 |
| * Extra EU imports by importing country and crop year. Volume in tonnes. Value in millions. 2021/2022 from October to February |
By partner country, Tunisia, Turkey, Argentina, Syria and Morocco are the most representative partners of the European Union. They cover around 90% of imports from the European Union.
| Volume | Value | Volume | Value | Volume | Value | Volume | Value | Volume | Value | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tunisia | 122 663 | 419.2 | 106 629 | 272.8 | 219 727 | 418.9 | 140 758 | 319.4 | 51 455 | 152.8 |
| Turkey | 15 059 | 50.9 | 5 525 | 12.9 | 7 696 | 15.3 | 4 140 | 10.2 | 1 476 | 4.4 |
| Argentina | 10 854 | 34.7 | 5 082 | 11.9 | 7 457 | 15.3 | 7 321 | 19.0 | 3 747 | 11.8 |
| Morocco | 6 311 | 19.1 | 16 509 | 38.0 | 6 125 | 13.9 | 5 665 | 16.0 | 2 126 | 7.1 |
| Peru | 87 | 0.2 | 918 | 2.4 | 3 181 | 5.7 | 1 646 | 2.9 | 217 | 0.6 |
| Syria | 20 264 | 61.2 | 8 089 | 24.0 | 2 978 | 5.1 | 3 732 | 7.7 | 615 | 1.5 |
| United Kingdom | 2 478 | 9.7 | 2 334 | 7.8 | 2 298 | 7.1 | 1 250 | 4.9 | 407 | 2.0 |
| Chile | 903 | 3.2 | 174 | 0.5 | 865 | 2.2 | 1 052 | 2.6 | 1 104 | 3.8 |
| Palestinian Territories | 367 | 3.3 | 634 | 6.2 | 580 | 5.7 | 562 | 5.4 | 93 | 1.1 |
| Egypt | 1 645 | 5.3 | 138 | 0.2 | 538 | 1.0 | 209 | 0.5 | 156 | 0.4 |
| Uruguay | 0 | 0.0 | 1 | 0.0 | 401 | 0.9 | 238 | 0.5 | 293 | 0.9 |
| Others | 1 537 | 6.1 | 874 | 3.8 | 658 | 2.7 | 1 071 | 4.4 | 390 | 2.4 |
| Total | 182 169 | 612.9 | 146 907 | 380.7 | 252 505 | 493.9 | 167 644 | 393.4 | 62 079 | 188.8 |
| * Extra EU imports by partner 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, 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 February of the 2021/2022 crop year, the unit value index of extra-EU imports stood at 119 (+44.2% compared to the same period previous crop year or +2.1% compared to the previous month).
Also in February of the 2021/2022 crop year, the unit value of extra-EU imports stood at €308 per 100kg (+28.5% compared to the same period previous crop year or -3.6% compared to the previous month) while the import volume stood at 12 802.9 tonnes (-26.8% compared to the same period previous crop year or +96.2% compared to the previous month).
in February, extra-EU imports mainly came from Tunisia(-32.2%), Turkey(+443.9%), Argentina(-100%), Morocco(+239%), Peru(-41.5%), Syrian Arab Republic(+15.7%), compared to the same period the previous crop year.
Tunisia is the main partner of the European Union with a share of 87.9%, the import volume from this country stood at 11 247.4 tonnes (-32.2% compared to the same period previous crop year or +131.8% compared to the previous month). The table below shows imports by month and partner country of the European Union (tonnes).
The unit value of extra-EU imports from Tunisia stood at €302 per 100kg (+29.2% compared to the same period previous crop year or -1.9% compared to the previous month), while the unit value of total imports from outside the European Union was €308.1, (€-5.8).
1. Extra-EU
In February of the 2021/2022 crop year, the unit value index of the extra-EU in stood at 119 (+44.2% compared to the same period previous crop year or +2.1% compared to the previous month).
In February, The unit value of imports stood at €308 per 100kg (+28.5% compared to the same period previous crop year or -3.6% compared to the previous month).
In February, The volume of imports in stood at 12 802.9 tonnes (-26.8% compared to the same period previous crop year or +96.2% compared to the previous month). Imports mainly came from Tunisia(-32.2%), Turkey(+443.9%), Argentina(-100%), Morocco(+239%), Peru(-41.5%), Syrian Arab Republic(+15.7%), compared to the same period the previous crop year.
Extra virgin olive oil
In February, the unit value index of imports stood at 120.5 (+37.4% compared to the same period previous crop year or +2.1% compared to the previous month).
In February,The unit value of imports stood at €328.2 per 100kg (+28.9% compared to the same period previous crop year or +2.1% compared to the previous month).
In February, the volume of imports stood at 8 371.2 tonnes (-40% compared to the same period previous crop year or +56.1% compared to the previous month).
Virgin olive oil
In February, the unit value index of imports stood at 80.2 (+8.8% compared to the same period previous crop year or -34% compared to the previous month).
In February, the unit value of imports stood at €281.1 per 100kg (+2.1% compared to the same period previous crop year or -34% compared to the previous month).
In February, the import volume stood at 544.1 tonnes (+232.8% compared to the same period previous crop year or +254.7% compared to the previous month).
Other olive oils
In February, the unit value index of imports stood at 148.4 (+3.1% compared to the same period previous crop year or -6.2% compared to the previous month).
In February, the unit value of imports stood at €489.8 per 100kg (+19.7% compared to the same period previous crop year or -6.2% compared to the previous month).
In February, the import volume stood at 241.3 tonnes (-35.3% compared to the same period previous crop year or +8.2% compared to the previous month).
Pomace olive oil
In February, the unit value index of imports stood at 123.2 (+15% compared to the same period previous crop year or -17.9% compared to the previous month).
In February, the unit value of imports stood att €97.7 per 100kg (+15.9% compared to the same period previous crop year or -18% compared to the previous month).
In February, the import volume stood at 2 012.4 tonnes (+474.8% compared to the same period previous crop year or +263.4% compared to the previous month).
1.1 Olive oil
1.1.1 Import unit value (€ / 100 kg)
1.1.2 Import volume (tonnes)
1.1.3 Import value (€ - millions)
1.2 Import unit value index
1.2.1 Import unit value index by product quality
1.2.2 Monthly import unit value index variation rates (%)
1.2.3 Month over month import unit value index variation rates (%)
1.3 Import by product quality
1.3.1 Import unit value (€ / 100 kg)
1.3.2 Import volume (tonnes)
1.4 Olive oil import by country (Extra-EU)
1.4.1 Import volume (tonnes)
1.5 Flows
1.5.1 Extra-EU (2019/2020) (tonnes)
1.5.2 Extra-EU, value (2019/2020) (€ - millions)
1.5.3 Extra-EU, volume (2020/2021) (tonnes)
1.5.4 Extra-EU, value (2020/2021) (€ - millions)
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.
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 CIF type.
Import unit value in € / 100 kg.
Import value in € (1 millions = 106; 1 billion = 109).
Import volume in tonnes, 1t=1000kg=1Mg.
The unit value index of import 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)