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

1 notes

In October of the 2023/2024 crop year, the unit value index of extra-EU exports increased by +2.5% compared to the previous month. The unit value of extra-EU exports stood at €783 per 100kg (+6.3% compared to the previous month).

As for first estimates of the 2022/2023, extra-EU exports of olive oil reached 602 125 tonnes for an estimated value of €3.593 billion (-26.6% and +0.4% , respectively, compared to the previous crop year).

Spanish exports of olive oil reached 722 966 tonnes in the 2022/2023 crop year for an estimated value of €3.834 billion, placing it in first place followed by Italy with 299 030 tonnes and €1.9 billion ; Portugal with 178 225 tonnes and €903.3 million ; and Greece with 246 210 tonnes and €1 349 098 billion.

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
2022/2023
2023/2024
Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value
Spain 338 408 1 381.0 400 231 1 327.0 475 922 1 359.1 464 555 1 452.9 467 517 1 870.1 316 351 1 752.6 28 023 203.2
Italy 198 365 969.3 210 590 953.5 231 002 909.7 222 481 943.9 234 817 1 159.0 186 685 1 221.4 14 394 121.9
Portugal 58 415 280.5 65 005 263.5 80 359 280.7 76 069 284.9 72 677 329.1 59 036 373.6 5 150 46.8
Greece 20 251 97.7 22 218 95.1 23 166 92.0 24 551 102.5 24 541 122.4 23 290 144.6 1 495 12.6
Others 8 738 49.0 10 843 56.6 10 590 53.3 16 189 71.4 20 461 97.7 16 763 100.7 921 6.9
Total 624 176 2 777.5 708 887 2 695.7 821 038 2 694.7 803 845 2 855.5 820 014 3 578.2 602 125 3 593.0 49 982 391.3
* Extra EU exports by exporting country and crop year. Volume in tonnes. Value in millions. 2023/2024 from October to October

On the other hand, intra-EU exports reached 885 950 tonnes for an estimated value of €4.644 billion (-16.8% and +21.4%, respectively, compared to the previous crop year).

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
2022/2023
2023/2024
Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value
Spain 541 360 1 720.4 631 942 1 672.0 645 919 1 446.3 644 003 1 742.9 621 642 2 105.7 406 615 2 081.9 27 656 185.3
Greece 136 679 497.2 90 965 289.3 138 383 360.4 148 876 484.8 112 766 450.2 222 920 1 204.5 6 790 54.6
Portugal 100 219 327.8 94 030 261.9 128 163 306.0 114 255 301.3 183 009 585.5 119 189 529.7 6 577 37.8
Italy 95 598 451.5 96 509 413.9 125 092 459.1 126 586 499.2 124 665 574.9 112 345 678.3 7 910 65.7
Others 20 842 104.5 22 923 110.4 23 842 109.4 23 606 110.1 22 359 110.0 24 881 149.8 2 126 17.0
Total 894 698 3 101.4 936 369 2 747.5 1 061 398 2 681.1 1 057 327 3 138.3 1 064 440 3 826.3 885 950 4 644.1 51 059 360.3
* Intra EU exports by exporting country and crop year. Volume in tonnes. Value in millions. 2023/2024 from October to October

In terms of volumes by product category in the 2022/2023 crop year, 73.3% of total exports were under code 15091020 (extra virgin olive oil), followed by imports under 15091080 (Virgin olive oil) with 3%, 15099000 (Other olive oils) with 21.6%, and the remaining 2.1% under 15091010 (Virgin lampante).

In October of the 2023/2024 crop year, the unit value index of extra-EU exports stood at 232 (+53.2% compared to the same period previous crop year or +2.5% compared to the previous month).

Also in October of the 2023/2024 crop year, the unit value of extra-EU exports stood at €783 per 100kg (+58.6% compared to the same period previous crop year or +6.3% compared to the previous month) while the export volume stood at 49 981.7 tonnes (-28.4% compared to the same period previous crop year or +6.8% compared to the previous month).

Extra-EU exports mainly went to Australia(-53.4%), Brazil(-25.5%), Canada(-30%), China(-84.4%), Japan(-51.5%), Republic of Korea(-48.1%), Russian Federation(-43.2%), United kingdom(+1.5%), United States(-13.4%), compared to the same period the previous crop year.

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
2022/2023
2023/2024
Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value
United States 194 473 875.4 242 390 937.9 271 883 887.3 275 237 961.9 285 613 1 239.5 212 278 1 262.5 19 986 151.7
Brazil 67 511 325.9 71 532 291.0 93 663 325.1 87 600 328.4 85 863 393.4 69 198 441.1 6 440 58.1
United Kingdom 61 218 235.0 61 686 212.6 75 156 216.4 69 769 219.2 68 846 270.3 59 211 330.5 4 940 33.4
Japan 49 394 229.4 65 319 254.6 67 872 230.1 55 999 206.8 55 240 243.6 42 392 248.7 1 761 13.5
China 35 080 144.4 44 392 140.3 46 218 127.3 40 362 128.2 47 382 187.1 19 580 104.9 826 6.0
Canada 29 700 130.3 28 187 109.3 36 139 117.4 31 134 113.6 30 421 142.9 23 084 140.8 2 214 17.9
Australia 28 991 118.1 26 197 91.4 36 043 109.1 31 512 101.3 28 026 115.4 21 034 117.7 1 105 7.6
Switzerland 14 101 76.4 14 662 73.2 17 625 84.5 17 445 85.8 16 641 92.1 14 816 102.1 1 133 9.4
Russia 13 183 64.3 15 057 63.8 16 950 65.8 18 174 73.4 14 783 68.9 11 724 68.8 890 7.8
Mexico 11 785 54.0 12 557 52.9 16 621 57.7 19 491 72.3 18 350 81.7 15 317 92.0 1 557 12.8
South Korea 12 479 50.6 15 435 51.2 15 618 51.2 21 350 77.1 28 645 120.0 13 921 84.0 1 109 9.8
Others 106 261 473.7 111 473 417.5 127 251 422.7 135 772 487.5 140 206 623.3 99 572 599.8 8 020 63.4
Total 624 176 2 777.5 708 887 2 695.7 821 038 2 694.7 803 845 2 855.5 820 014 3 578.2 602 125 3 593.0 49 982 391.3
* Extra EU exports by partner and crop year. Volume in tonnes.Value in millions. 2023/2024 from October to October

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

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
2022/2023
2023/2024
Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value
Italy 419 049 1 320.3 452 761 1 176.6 472 919 1 034.9 454 557 1 280.0 466 777 1 585.4 358 298 1 910.9 12 951 94.3
Portugal 98 209 451.7 108 146 399.7 137 312 379.6 151 718 441.7 108 430 523.6 89 385 619.8 6 939 51.6
France 122 735 305.3 125 054 260.0 136 639 279.0 142 682 379.2 135 617 353.5 118 269 436.4 8 126 49.8
Spain 78 032 243.4 64 851 167.3 99 407 218.7 90 509 224.0 130 943 407.0 132 532 607.9 7 647 50.1
Germany 67 237 318.5 71 334 308.2 87 065 335.5 89 308 351.0 95 573 417.8 74 462 437.2 5 904 47.3
Netherlands 23 677 86.8 22 178 76.6 25 110 75.3 26 878 83.7 23 366 94.1 22 386 119.9 2 009 13.7
Belgium 16 376 76.5 18 098 74.4 21 952 77.7 19 161 72.0 19 887 82.3 18 775 98.5 1 790 11.2
Poland 9 580 36.8 11 342 39.0 13 976 42.1 12 817 45.4 13 451 57.4 12 805 74.0 1 131 8.2
Austria 10 796 52.2 9 895 47.4 10 871 45.1 10 487 47.4 9 568 48.0 8 916 53.9 761 6.0
Others 49 008 209.8 52 709 198.4 56 146 193.3 59 209 213.9 60 827 257.2 50 124 285.6 3 802 28.1
Total 894 698 3 101.4 936 369 2 747.5 1 061 398 2 681.1 1 057 327 3 138.3 1 064 440 3 826.3 885 950 4 644.1 51 059 360.3
* Intra EU exports by partner and crop year. Volume in tonnes. Value in millions. 2023/2024 from October to October

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 October of the 2023/2024 crop year put the unit value index of exports at 260.1 (+51.6% compared to the same period previous crop year or -6.7% compared to the previous month).

The unit value of extra-EU exports stood at €725 per 100kg (+63% compared to the same period previous crop year or +6.4% compared to the previous month) while the export volume stood at 28 022.5 tonnes (-33.5% compared to the same period previous crop year or +11.9% compared to the previous month).

Spanish exports mainly went to Australia(-52.3%), Brazil(-11.7%), Canada(-40.2%), China(-86.8%), Japan(-57.9%), Republic of Korea(-62.6%), Russian Federation(-61.9%), United kingdom(+48.8%), United States(-24%), compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €670 per 100kg (+68.9% compared to the same period previous crop year or -1.6% compared to the previous month) while the export volume stood at 27 655.7 tonnes (-34.4% compared to the same period previous crop year or -17.9% compared to the previous month).

Italy

The IOC’s figures for Italy from October of the 2023/2024 crop year put the unit value index at 230.8 (+54.2% compared to the same period previous crop year or +7.7% compared to the previous month).

The unit value of extra-EU exports stood at €847 per 100kg (+41.9% compared to the same period previous crop year or +7.5% compared to the previous month) while the export volume stood at 14 393.7 tonnes (-16.1% compared to the same period previous crop year or -1.4% compared to the previous month).

Extra-EU exports mainly went to Australia(-47%), Brazil(-30.1%), Canada(-24.6%), China(+7.3%), Japan(-38.2%), Republic of Korea(-1.6%), Russian Federation(+0.1%), United kingdom(-56.3%), United States(+6.3%), compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €830 per 100kg (+76.5% compared to the same period previous crop year or +5.7% compared to the previous month) while the export volume stood at 7 910 tonnes (-17.2% compared to the same period previous crop year or +2% compared to the previous month).

Greece

The IOC’s figures for Greece from October of the 2023/2024 crop year put unit value index of exports at 309.9 (+91.7% compared to the same period previous crop year or +11.9% compared to the previous month).

the unit value of extra-EU exports stood at €841 per 100kg (+49.8% compared to the same period previous crop year or +5.3% compared to the previous month) while the export volume stood at 1 494.5 tonnes (-4% compared to the same period previous crop year or +12.7% compared to the previous month). The volume exported to United States was +8.5% compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €804 per 100kg (+71.7% compared to the same period previous crop year or -2.6% compared to the previous month) while the export volume stood at 6 790.4 tonnes (-26.3% compared to the same period previous crop year or -18.1% compared to the previous month).

Portugal

The IOC’s figures for Portugal from October of the 2023/2024 crop year put the unit value index of exports at 277.8 (+69.5% compared to the same period previous crop year or +7.3% compared to the previous month).

The unit value of extra-EU exports stood at €908 per 100kg (+75.5% compared to the same period previous crop year or +6.2% compared to the previous month) while the export volume stood at 5 149.9 tonnes (-30.3% compared to the same period previous crop year or +10.2% compared to the previous month). The volume exported to Brazil was -28.1% compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €574 per 100kg (+53.3% compared to the same period previous crop year or -1.5% compared to the previous month) while the export volume stood at 6 576.9 tonnes (-8.9% compared to the same period previous crop year or +5.9% compared to the previous month).

1. Extra-EU

In October of the 2023/2024 crop year, the unit value index of the extra-EU in stood at 232 (+53.2% compared to the same period previous crop year or +2.5% compared to the previous month).

  • In October, The unit value of exports stood at €783 per 100kg (+58.6% compared to the same period previous crop year or +6.3% compared to the previous month).

  • In October, The volume of exports in stood at 49 981.7 tonnes (-28.4% compared to the same period previous crop year or +6.8% compared to the previous month). Exports mainly went to Australia(-53.4%), Brazil(-25.5%), Canada(-30%), China(-84.4%), Japan(-51.5%), Republic of Korea(-48.1%), Russian Federation(-43.2%), United States(-13.4%), compared to the same period the previous crop year.

Extra virgin olive oil

  • In October, the unit value index of exports stood at 234 (+54.5% compared to the same period previous crop year or +2.9% compared to the previous month).

  • In October,The unit value of exports stood at €817.7 per 100kg (+58.2% compared to the same period previous crop year or +5.4% compared to the previous month).

  • In October, the volume of exports stood at 34 862.3 tonnes (-29.1% compared to the same period previous crop year or +8.4% compared to the previous month).

Virgin olive oil

  • In October, the unit value index of exports stood at 207.9 (+38.2% compared to the same period previous crop year or +2% compared to the previous month).

  • In October, the unit value of exports stood at €664.4 per 100kg (+42.1% compared to the same period previous crop year or +4.8% compared to the previous month).

  • In October, the export volume stood at 672.1 tonnes (+119.6% compared to the same period previous crop year or +10.4% compared to the previous month).

Other olive oils

  • In October, the unit value index of exports stood at 232.1 (+53.2% compared to the same period previous crop year or +3% compared to the previous month).

  • In October, the unit value of exports stood at €706.4 per 100kg (+61.3% compared to the same period previous crop year or +8.4% compared to the previous month).

  • In October, the export volume stood at 14 395.9 tonnes (-29% compared to the same period previous crop year or +2.8% compared to the previous month).

Pomace olive oil

  • In October, the unit value index of exports stood at 186.9 (+1.6% compared to the same period previous crop year or -3.9% compared to the previous month).

  • In October, the unit value of exports stood att €377.1 per 100kg (+7.8% compared to the same period previous crop year or +1.9% compared to the previous month).

  • In October, the export volume stood at 7 213 tonnes (-4.7% compared to the same period previous crop year or +7.3% 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)

1.6.5 Extra-EU, volume (2021/2022) (tonnes)

1.6.6 Extra-EU, volume (2022/2023) (tonnes)

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)

2.2.2 Intra-EU (2020/2021) (tonnes)

2.2.3 Intra-EU (2021/2022) (tonnes)

2.2.4 Intra-EU (2022/2023) (tonnes)

3. Spain

In October of the 2023/2024 crop year, the unit value index of extra-EU exports stood at 260.1 (+51.6% compared to the same period previous crop year or -6.7% compared to the previous month).

Extra-EU

  • In October, the unit value of exports stood at €725 per 100kg (+63% compared to the same period previous crop year or +6.4% compared to the previous month).

  • In October, the volume of exports stood at 28 022.5 tonnes (-33.5% compared to the same period previous crop year or +11.9% compared to the previous month). Exports mainly went to Australia(-52.3%), Brazil(-11.7%), Canada(-40.2%), China(-86.8%), Japan(-57.9%), Republic of Korea(-62.6%), Russian Federation(-61.9%), United kingdom(+48.8%), United States(-24%), compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In October, the unit value of exports stood at €670 per 100kg (+68.9% compared to the same period previous crop year or -1.6% compared to the previous month).

  • In October, the volume of exports stood at 27 655.7 tonnes (-34.4% compared to the same period previous crop year or -17.9% compared to the previous month).

Extra virgin olive oil

  • In October, the unit value index of exports stood at 255.6 (+51% compared to the same period previous crop year or -7.5% compared to the previous month).

  • In October, the unit value of exports stood at €719.4 per 100kg (+66.5% compared to the same period previous crop year or +2% compared to the previous month).

  • In October, the volume of exports stood at 34 184.9 tonnes (-36.6% compared to the same period previous crop year or -4.8% compared to the previous month).

Virgin olive oil

  • In October, the unit value index of exports stood at 259.8 (+44.7% compared to the same period previous crop year or -20.8% compared to the previous month).

  • In October, the unit value of exports stood at €726 per 100kg (+79.4% compared to the same period previous crop year or -1.8% compared to the previous month).

  • In October, the volume of exports stood at 1 664.6 tonnes (-27.5% compared to the same period previous crop year or -29.4% compared to the previous month).

Other olive oils

  • In October, the unit value index of exports stood at 259.9 (+52.4% compared to the same period previous crop year or -3.3% compared to the previous month).

  • In October, the unit value of exports stood at €657.9 per 100kg (+64.7% compared to the same period previous crop year or +4.4% compared to the previous month).

  • In October, the volume of exports stood at 18 913.8 tonnes (-30.4% compared to the same period previous crop year or -3.2% compared to the previous month).

Pomace olive oil

  • In October, the unit value index of exports stood at 204 (+0.9% compared to the same period previous crop year or -8.6% compared to the previous month).

  • In October, the unit value of exports stood at €352.8 per 100kg (+12% compared to the same period previous crop year or +1.4% compared to the previous month).

  • In October, the volume of exports stood at 9 043.3 tonnes (-6.5% compared to the same period previous crop year or +6.2% 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 October of the 2023/2024 crop year, the unit value index of exports stood at 230.8 (+54.2% compared to the same period previous crop year or +7.7% compared to the previous month).

Extra-EU

  • In October, the unit value of exports stood at €847 per 100kg (+41.9% compared to the same period previous crop year or +7.5% compared to the previous month).

  • In October, the volume of exports stood at 14 393.7 tonnes (-16.1% compared to the same period previous crop year or -1.4% compared to the previous month). Exports mainly went to Australia(-47%), Brazil(-30.1%), Canada(-24.6%), China(+7.3%), Japan(-38.2%), Republic of Korea(-1.6%), Russian Federation(+0.1%), United kingdom(-56.3%), United States(+6.3%), compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In October stood at, the unit value of exports €830 per 100kg (+76.5% compared to the same period previous crop year or +5.7% compared to the previous month).

  • In October, the volume of exports stood at 7 910 tonnes (-17.2% compared to the same period previous crop year or +2% compared to the previous month).

Extra virgin olive oil

  • In October, the unit value index of exports stood at 230.3 (+54.9% compared to the same period previous crop year or +9.9% compared to the previous month).

  • In October, the unit value of exports stood at €860 per 100kg (+51% compared to the same period previous crop year or +7.2% compared to the previous month).

  • In October stood at, the volume of exports stood at October stood at 18 396.9 tonnes (-16.7% compared to the same period previous crop year or +0.3% compared to the previous month).

Virgin olive oil

  • In October, the unit value index of exports stood at 234.4 (+83.7% compared to the same period previous crop year or +26% compared to the previous month).

  • In October, the unit value of exports stood at €738 per 100kg (+51.1% compared to the same period previous crop year or +3.7% compared to the previous month).

  • In October stood at, the volume of exports stood at 163.5 tonnes (-59.2% compared to the same period previous crop year or +12.2% compared to the previous month).

Other olive oils

  • In October, the unit value index of exports stood at 224.8 (+52.8% compared to the same period previous crop year or -1.5% compared to the previous month).

  • In October, the unit value of exports stood at €758.1 per 100kg (+63.5% compared to the same period previous crop year or +5.5% compared to the previous month).

  • In October stood at, the volume of exports stood at 3 459.6 tonnes (-18% compared to the same period previous crop year or -8% compared to the previous month).

Pomace olive oil

  • In October, the unit value index of exports stood at 192 (+16.6% compared to the same period previous crop year or +16.2% compared to the previous month).

  • In October, the unit value of exports stood at €340.1 per 100kg (+11.9% compared to the same period previous crop year or +11.5% compared to the previous month).

  • In October stood at, the volume of exports stood at 3 486.6 tonnes (+0.2% compared to the same period previous crop year or -28.1% 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 October of the 2023/2024 crop year, the unit value index of exports stood at 309.9 (+91.7% compared to the same period previous crop year or +11.9% compared to the previous month).

Extra-EU

  • In October, yhe unit value of exports stood at €841 per 100kg (+49.8% compared to the same period previous crop year or +5.3% compared to the previous month).

  • In October, the volume of exports stood at 1 494.5 tonnes (-4% compared to the same period previous crop year or +12.7% compared to the previous month). The volume exported to United States was +8.5% compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In October, the unit value of exports stood at €804 per 100kg (+71.7% compared to the same period previous crop year or -2.6% compared to the previous month).

  • In October, the volume of exports stood at 6 790.4 tonnes (-26.3% compared to the same period previous crop year or -18.1% compared to the previous month).

Extra virgin olive oil

  • In October, the unit value index of exports stood at 322.5 (+98.5% compared to the same period previous crop year or +13.8% compared to the previous month).

  • In October, the unit value of exports stood at €845.2 per 100kg (+71.3% compared to the same period previous crop year or -1.8% compared to the previous month).

  • In October, the volume of exports stood at 6 614.2 tonnes (-28.2% compared to the same period previous crop year or -16.9% compared to the previous month).

Virgin olive oil

  • In October, the unit value index of exports stood at 325.1 (+103.1% compared to the same period previous crop year or +21.8% compared to the previous month).

  • In October, the unit value of exports stood at €805.4 per 100kg (+83.9% compared to the same period previous crop year or +10.3% compared to the previous month).

  • In October, the volume of exports stood at 615 tonnes (+62.1% compared to the same period previous crop year or +32.5% compared to the previous month).

Other olive oils

  • In October, the unit value index of exports stood at 273.2 (+58.5% compared to the same period previous crop year or +7% compared to the previous month).

  • In October, the unit value of exports stood at €594.8 per 100kg (+43.9% compared to the same period previous crop year or -2.9% compared to the previous month).

  • In October, the volume of exports stood at 878.6 tonnes (-8.8% compared to the same period previous crop year or -17% compared to the previous month).

Pomace olive oil

  • In October, the unit value index of exports stood at 281.6 (+24.2% compared to the same period previous crop year or +27.8% compared to the previous month).

  • In October, the unit value of exports stood at €296.8 per 100kg (+2.5% compared to the same period previous crop year or +5.4% compared to the previous month).

  • In October, the volume of exports stood at 771.7 tonnes (+62.4% compared to the same period previous crop year or -3.9% 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 October of the 2023/2024 crop year, The unit value index of exports stood at 277.8 (+69.5% compared to the same period previous crop year or +7.3% compared to the previous month).

Extra-EU

  • In October, the unit value of exports stood at €908 per 100kg (+75.5% compared to the same period previous crop year or +6.2% compared to the previous month).

  • In October, The volume of exports stood at 5 149.9 tonnes (-30.3% compared to the same period previous crop year or +10.2% compared to the previous month). The volume exported to Brazil was -28.1% compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In October, the unit value of exports stood at €574 per 100kg (+53.3% compared to the same period previous crop year or -1.5% compared to the previous month).

  • In October, the volume of exports stood at 6 576.9 tonnes (-8.9% compared to the same period previous crop year or +5.9% compared to the previous month).

Extra virgin olive oil

  • In October, the unit value index of exports stood at 288.8 (+75.2% compared to the same period previous crop year or +5.4% compared to the previous month).

  • In October, the unit value of exports stood at €767.1 per 100kg (+69% compared to the same period previous crop year or +1.6% compared to the previous month).

  • In October, the volume of exports stood at 7 658.9 tonnes (-31.6% compared to the same period previous crop year or -0.3% compared to the previous month).

Virgin olive oil

  • In October, the unit value index of exports stood at 212.5 (+40.5% compared to the same period previous crop year or -15.5% compared to the previous month).

  • In October, the unit value of exports stood at €499.1 per 100kg (+34% compared to the same period previous crop year or -19.5% compared to the previous month).

  • In October, the volume of exports stood at 255 tonnes (-47.3% compared to the same period previous crop year or -32.8% compared to the previous month).

Other olive oils

  • In October, the unit value index of exports stood at 245.2 (+52.6% compared to the same period previous crop year or +25% compared to the previous month).

  • In October, the unit value of exports stood at €601.9 per 100kg (+39.5% compared to the same period previous crop year or +14.2% compared to the previous month).

  • In October, the volume of exports stood at 2 725.8 tonnes (-0.7% compared to the same period previous crop year or +17.5% compared to the previous month).

Pomace olive oil

  • In October, the unit value index of exports stood at 168.7 (+10.8% compared to the same period previous crop year or -2.9% compared to the previous month).

  • In October, the unit value of exports stood at €195.4 per 100kg (+0.7% compared to the same period previous crop year or -11.8% compared to the previous month).

  • In October, the volume of exports stood at 2 755.6 tonnes (+26.2% compared to the same period previous crop year or +76.3% 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.

Latest update: Tue Jan 30 12:00:59 2024

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 million = 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)