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

1 notes

In March of the 2023/2024 crop year, the unit value index of extra-EU exports increased by +3% compared to the previous month. The unit value of extra-EU exports stood at €980 per 100kg (+3.1% compared to the previous month).

As for first estimates of the 2022/2023, extra-EU exports of olive oil reached 602 134 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 728 008 tonnes in the 2022/2023 crop year for an estimated value of €3.857 billion, placing it in first place followed by Italy with 298 461 tonnes and €1.899 billion ; Portugal with 179 136 tonnes and €907.7 million ; and Greece with 246 519 tonnes and €1.4 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 1 870.1 316 424 1 753.0 155 433 1 296.2
Italy 198 365 969.3 210 590 953.5 231 002 909.7 222 481 943.9 234 817 1 159.0 186 622 1 221.1 94 753 883.6
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 29 509 282.6
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 9 407 83.4
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 5 539 44.9
Total 624 176 2 777.5 708 887 2 695.7 821 038 2 694.7 803 845 2 855.5 820 014 3 578.2 602 134 3 593.0 294 641 2 590.8
* Extra EU exports by exporting country and crop year. Volume in tonnes. Value in millions. 2023/2024 from October to March

On the other hand, intra-EU exports reached 891 727 tonnes for an estimated value of €4.673 billion (-16.2% and +22.1%, 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 2 105.7 411 585 2 104.5 203 265 1 528.5
Greece 136 679 497.2 90 965 289.3 138 383 360.4 148 876 484.8 112 766 450.2 223 229 1 206.2 40 805 340.8
Portugal 100 219 327.8 94 030 261.9 128 163 306.0 114 255 301.3 183 009 585.5 120 100 534.1 93 899 591.6
Italy 95 598 451.5 96 509 413.9 125 092 459.1 126 586 499.2 124 665 574.9 111 839 678.3 40 162 360.0
Others 20 842 104.5 22 923 110.4 23 842 109.4 23 606 110.1 22 359 110.0 24 973 150.3 10 730 89.8
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 3 826.3 891 727 4 673.4 388 861 2 910.7
* Intra EU exports by exporting country and crop year. Volume in tonnes. Value in millions. 2023/2024 from October to March

In terms of volumes by product category in the 2022/2023 crop year, 73.4% 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 March of the 2023/2024 crop year, the unit value index of extra-EU exports stood at 324.5 (+77.3% compared to the same period previous crop year or +3% compared to the previous month).

Also in March of the 2023/2024 crop year, the unit value of extra-EU exports stood at €980 per 100kg (+63.4% compared to the same period previous crop year or +3.1% compared to the previous month) while the export volume stood at 51 244 tonnes (-8.8% compared to the same period previous crop year or -4.8% compared to the previous month).

Extra-EU exports mainly went to Australia(-6.5%), Brazil(+17.5%), Canada(-6.2%), China(+20.1%), Japan(-21.5%), Republic of Korea(+68.4%), Russian Federation(-32.4%), United kingdom(-7.6%), United States(-14.7%), 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 1 262.5 115 306 1 002.0
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 36 739 352.0
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 30 600 241.3
Japan 49 394 229.4 65 319 254.6 67 872 230.1 55 999 206.8 55 240 243.6 42 406 248.8 15 122 135.2
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 5 290 44.3
Canada 29 700 130.3 28 187 109.3 36 139 117.4 31 134 113.6 30 421 142.9 23 066 140.8 10 946 97.7
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 9 107 77.0
Switzerland 14 101 76.4 14 662 73.2 17 625 84.5 17 445 85.8 16 641 92.1 14 815 102.1 7 198 68.6
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 4 545 40.0
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 10 136 93.1
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 6 342 63.3
Others 106 261 473.7 111 473 417.5 127 251 422.7 135 772 487.5 140 206 623.3 99 585 599.9 43 311 376.3
Total 624 176 2 777.5 708 887 2 695.7 821 038 2 694.7 803 845 2 855.5 820 014 3 578.2 602 134 3 593.0 294 641 2 590.8
* Extra EU exports by partner and crop year. Volume in tonnes.Value in millions. 2023/2024 from October to March

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 1 585.4 361 563 1 925.9 131 989 1 041.8
Portugal 98 209 451.7 108 146 399.7 137 312 379.6 151 718 441.7 108 430 523.6 89 512 624.5 37 963 361.8
France 122 735 305.3 125 054 260.0 136 639 279.0 142 682 379.2 135 617 353.5 119 269 437.0 49 435 290.4
Spain 78 032 243.4 64 851 167.3 99 407 218.7 90 509 224.0 130 943 407.0 132 370 608.6 84 121 533.7
Germany 67 237 318.5 71 334 308.2 87 065 335.5 89 308 351.0 95 573 417.8 75 268 440.4 33 652 282.1
Netherlands 23 677 86.8 22 178 76.6 25 110 75.3 26 878 83.7 23 366 94.1 22 325 121.1 11 460 84.6
Belgium 16 376 76.5 18 098 74.4 21 952 77.7 19 161 72.0 19 887 82.3 19 118 99.6 8 805 62.6
Poland 9 580 36.8 11 342 39.0 13 976 42.1 12 817 45.4 13 451 57.4 12 813 74.3 5 458 46.2
Austria 10 796 52.2 9 895 47.4 10 871 45.1 10 487 47.4 9 568 48.0 8 979 54.4 4 269 35.5
Others 49 008 209.8 52 709 198.4 56 146 193.3 59 209 213.9 60 827 257.2 50 510 287.7 21 707 171.9
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 3 826.3 891 727 4 673.4 388 861 2 910.7
* Intra EU exports by partner and crop year. Volume in tonnes. Value in millions. 2023/2024 from October to March

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 March of the 2023/2024 crop year put the unit value index of exports at 365.1 (+70.5% compared to the same period previous crop year or +1% compared to the previous month).

The unit value of extra-EU exports stood at €954 per 100kg (+68.3% compared to the same period previous crop year or +3.9% compared to the previous month) while the export volume stood at 25 919.6 tonnes (-17.3% compared to the same period previous crop year or -7.8% compared to the previous month).

Spanish exports mainly went to Australia(-9.2%), Brazil(-26.9%), Canada(+6.7%), China(+47.1%), Japan(-46.2%), Republic of Korea(+14.2%), Russian Federation(-22.4%), United kingdom(-8.3%), United States(-25.1%), compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €812 per 100kg (+67.8% compared to the same period previous crop year or -1.2% compared to the previous month) while the export volume stood at 33 007.4 tonnes (+0.7% compared to the same period previous crop year or -8.6% compared to the previous month).

Italy

The IOC’s figures for Italy from March of the 2023/2024 crop year put the unit value index at 307.7 (+78.4% compared to the same period previous crop year or +4.5% compared to the previous month).

The unit value of extra-EU exports stood at €1024 per 100kg (+56.1% compared to the same period previous crop year or +3.2% compared to the previous month) while the export volume stood at 17 365.5 tonnes (+9.5% compared to the same period previous crop year or -0.8% compared to the previous month).

Extra-EU exports mainly went to Australia(+58.5%), Brazil(-19.5%), Canada(-2.4%), China(-85.5%), Japan(+32.7%), Republic of Korea(+199.6%), Russian Federation(-33.7%), United kingdom(+28%), United States(+16.6%), compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €464 per 100kg (-22.7% compared to the same period previous crop year or -51.3% compared to the previous month) while the export volume stood at 7 436.2 tonnes (-34.1% compared to the same period previous crop year or -22.8% compared to the previous month).

Greece

The IOC’s figures for Greece from March of the 2023/2024 crop year put unit value index of exports at 365.5 (+102.8% compared to the same period previous crop year or +0.1% compared to the previous month).

the unit value of extra-EU exports stood at €918 per 100kg (+50.8% compared to the same period previous crop year or -5.3% compared to the previous month) while the export volume stood at 1 706.3 tonnes (-41.1% compared to the same period previous crop year or -2.2% compared to the previous month). The volume exported to United States was -51.4% compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €895 per 100kg (+70.7% compared to the same period previous crop year or +1.2% compared to the previous month) while the export volume stood at 5 714.6 tonnes (-79.8% compared to the same period previous crop year or -25.6% compared to the previous month).

Portugal

The IOC’s figures for Portugal from March of the 2023/2024 crop year put the unit value index of exports at 275.7 (+46% compared to the same period previous crop year or -3.3% compared to the previous month).

The unit value of extra-EU exports stood at €1001 per 100kg (+58.6% compared to the same period previous crop year or +0.3% compared to the previous month) while the export volume stood at 5 270.1 tonnes (+19.1% compared to the same period previous crop year or -4.6% compared to the previous month). The volume exported to Brazil was +43.7% compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €615 per 100kg (+41.8% compared to the same period previous crop year or -9.2% compared to the previous month) while the export volume stood at 9 821.3 tonnes (+33.6% compared to the same period previous crop year or -25% compared to the previous month).

1. Extra-EU

In March of the 2023/2024 crop year, the unit value index of the extra-EU in stood at 324.5 (+77.3% compared to the same period previous crop year or +3% compared to the previous month).

  • In March, The unit value of exports stood at €980 per 100kg (+63.4% compared to the same period previous crop year or +3.1% compared to the previous month).

  • In March, The volume of exports in stood at 51 244 tonnes (-8.8% compared to the same period previous crop year or -4.8% compared to the previous month). Exports mainly went to Australia(-6.5%), Brazil(+17.5%), Canada(-6.2%), China(+20.1%), Japan(-21.5%), Republic of Korea(+68.4%), Russian Federation(-32.4%), United States(-14.7%), compared to the same period the previous crop year.

Extra virgin olive oil

  • In March, the unit value index of exports stood at 328 (+80.1% compared to the same period previous crop year or +3% compared to the previous month).

  • In March,The unit value of exports stood at €1019.9 per 100kg (+64.2% compared to the same period previous crop year or +3% compared to the previous month).

  • In March, the volume of exports stood at 37 113 tonnes (-10% compared to the same period previous crop year or -3.5% compared to the previous month).

Virgin olive oil

  • In March, the unit value index of exports stood at 297.1 (+72% compared to the same period previous crop year or -2.7% compared to the previous month).

  • In March, the unit value of exports stood at €844.5 per 100kg (+57.4% compared to the same period previous crop year or -2.7% compared to the previous month).

  • In March, the export volume stood at 544.6 tonnes (-22.4% compared to the same period previous crop year or -37.6% compared to the previous month).

Other olive oils

  • In March, the unit value index of exports stood at 325.1 (+73.4% compared to the same period previous crop year or +2.9% compared to the previous month).

  • In March, the unit value of exports stood at €880.4 per 100kg (+62.4% compared to the same period previous crop year or +2.9% compared to the previous month).

  • In March, the export volume stood at 13 489.7 tonnes (-5.1% compared to the same period previous crop year or -6.2% compared to the previous month).

Pomace olive oil

  • In March, the unit value index of exports stood at 243.9 (+27.5% compared to the same period previous crop year or +2.5% compared to the previous month).

  • In March, the unit value of exports stood att €437.8 per 100kg (+20.3% compared to the same period previous crop year or +2.5% compared to the previous month).

  • In March, the export volume stood at 6 419.9 tonnes (-10.5% compared to the same period previous crop year or -13.9% 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 March of the 2023/2024 crop year, the unit value index of extra-EU exports stood at 365.1 (+70.5% compared to the same period previous crop year or +1% compared to the previous month).

Extra-EU

  • In March, the unit value of exports stood at €954 per 100kg (+68.3% compared to the same period previous crop year or +3.9% compared to the previous month).

  • In March, the volume of exports stood at 25 919.6 tonnes (-17.3% compared to the same period previous crop year or -7.8% compared to the previous month). Exports mainly went to Australia(-9.2%), Brazil(-26.9%), Canada(+6.7%), China(+47.1%), Japan(-46.2%), Republic of Korea(+14.2%), Russian Federation(-22.4%), United kingdom(-8.3%), United States(-25.1%), compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In March, the unit value of exports stood at €812 per 100kg (+67.8% compared to the same period previous crop year or -1.2% compared to the previous month).

  • In March, the volume of exports stood at 33 007.4 tonnes (+0.7% compared to the same period previous crop year or -8.6% compared to the previous month).

Extra virgin olive oil

  • In March, the unit value index of exports stood at 368.5 (+73.2% compared to the same period previous crop year or +1.3% compared to the previous month).

  • In March, the unit value of exports stood at €908.7 per 100kg (+67.1% compared to the same period previous crop year or +1.3% compared to the previous month).

  • In March, the volume of exports stood at 39 224.7 tonnes (-3.4% compared to the same period previous crop year or -5.1% compared to the previous month).

Virgin olive oil

  • In March, the unit value index of exports stood at 348.8 (+50.3% compared to the same period previous crop year or -1.5% compared to the previous month).

  • In March, the unit value of exports stood at €854.8 per 100kg (+63.2% compared to the same period previous crop year or -1.5% compared to the previous month).

  • In March, the volume of exports stood at 1 741.2 tonnes (-8% compared to the same period previous crop year or -7.7% compared to the previous month).

Other olive oils

  • In March, the unit value index of exports stood at 363.2 (+74% compared to the same period previous crop year or +0.4% compared to the previous month).

  • In March, the unit value of exports stood at €806.8 per 100kg (+64.7% compared to the same period previous crop year or +0.4% compared to the previous month).

  • In March, the volume of exports stood at 16 810.2 tonnes (-14.9% compared to the same period previous crop year or -11.4% compared to the previous month).

Pomace olive oil

  • In March, the unit value index of exports stood at 276.8 (+28.1% compared to the same period previous crop year or +3.1% compared to the previous month).

  • In March, the unit value of exports stood at €420.2 per 100kg (+24.7% compared to the same period previous crop year or +3.1% compared to the previous month).

  • In March, the volume of exports stood at 8 356.6 tonnes (+1.2% compared to the same period previous crop year or -14.9% 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 March of the 2023/2024 crop year, the unit value index of exports stood at 307.7 (+78.4% compared to the same period previous crop year or +4.5% compared to the previous month).

Extra-EU

  • In March, the unit value of exports stood at €1024 per 100kg (+56.1% compared to the same period previous crop year or +3.2% compared to the previous month).

  • In March, the volume of exports stood at 17 365.5 tonnes (+9.5% compared to the same period previous crop year or -0.8% compared to the previous month). Exports mainly went to Australia(+58.5%), Brazil(-19.5%), Canada(-2.4%), China(-85.5%), Japan(+32.7%), Republic of Korea(+199.6%), Russian Federation(-33.7%), United kingdom(+28%), United States(+16.6%), compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In March stood at, the unit value of exports €464 per 100kg (-22.7% compared to the same period previous crop year or -51.3% compared to the previous month).

  • In March, the volume of exports stood at 7 436.2 tonnes (-34.1% compared to the same period previous crop year or -22.8% compared to the previous month).

Extra virgin olive oil

  • In March, the unit value index of exports stood at 307.7 (+80.3% compared to the same period previous crop year or +4.1% compared to the previous month).

  • In March, the unit value of exports stood at €1047.6 per 100kg (+60.6% compared to the same period previous crop year or +4.1% compared to the previous month).

  • In March stood at, the volume of exports stood at March stood at 14 168.8 tonnes (-36% compared to the same period previous crop year or -35.3% compared to the previous month).

Virgin olive oil

  • In March, the unit value index of exports stood at 299.2 (+126.3% compared to the same period previous crop year or -1.1% compared to the previous month).

  • In March, the unit value of exports stood at €860 per 100kg (+70.3% compared to the same period previous crop year or -1.1% compared to the previous month).

  • In March stood at, the volume of exports stood at 75 tonnes (-79.6% compared to the same period previous crop year or -76.7% compared to the previous month).

Other olive oils

  • In March, the unit value index of exports stood at 300.7 (+72.2% compared to the same period previous crop year or +6.7% compared to the previous month).

  • In March, the unit value of exports stood at €923.4 per 100kg (+68.2% compared to the same period previous crop year or +6.7% compared to the previous month).

  • In March stood at, the volume of exports stood at 3 120.2 tonnes (-32.3% compared to the same period previous crop year or -35.5% compared to the previous month).

Pomace olive oil

  • In March, the unit value index of exports stood at 276 (+56.8% compared to the same period previous crop year or +20.9% compared to the previous month).

  • In March, the unit value of exports stood at €446.1 per 100kg (+37.6% compared to the same period previous crop year or +20.9% compared to the previous month).

  • In March stood at, the volume of exports stood at 1 311.6 tonnes (-58% compared to the same period previous crop year or -66.2% 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 March of the 2023/2024 crop year, the unit value index of exports stood at 365.5 (+102.8% compared to the same period previous crop year or +0.1% compared to the previous month).

Extra-EU

  • In March, yhe unit value of exports stood at €918 per 100kg (+50.8% compared to the same period previous crop year or -5.3% compared to the previous month).

  • In March, the volume of exports stood at 1 706.3 tonnes (-41.1% compared to the same period previous crop year or -2.2% compared to the previous month). The volume exported to United States was -51.4% compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In March, the unit value of exports stood at €895 per 100kg (+70.7% compared to the same period previous crop year or +1.2% compared to the previous month).

  • In March, the volume of exports stood at 5 714.6 tonnes (-79.8% compared to the same period previous crop year or -25.6% compared to the previous month).

Extra virgin olive oil

  • In March, the unit value index of exports stood at 402.5 (+122.9% compared to the same period previous crop year or +2.6% compared to the previous month).

  • In March, the unit value of exports stood at €985.1 per 100kg (+79.7% compared to the same period previous crop year or +2.6% compared to the previous month).

  • In March, the volume of exports stood at 5 906.8 tonnes (-75.5% compared to the same period previous crop year or -21.5% compared to the previous month).

Virgin olive oil

  • In March, the unit value index of exports stood at 243.7 (+30.7% compared to the same period previous crop year or -34.2% compared to the previous month).

  • In March, the unit value of exports stood at €564 per 100kg (+10.5% compared to the same period previous crop year or -34.2% compared to the previous month).

  • In March, the volume of exports stood at 324.5 tonnes (-90.3% compared to the same period previous crop year or -18.4% compared to the previous month).

Other olive oils

  • In March, the unit value index of exports stood at 285.2 (+51.1% compared to the same period previous crop year or -7.9% compared to the previous month).

  • In March, the unit value of exports stood at €580 per 100kg (+28.2% compared to the same period previous crop year or -7.9% compared to the previous month).

  • In March, the volume of exports stood at 911.5 tonnes (-72.4% compared to the same period previous crop year or -32.7% compared to the previous month).

Pomace olive oil

  • In March, the unit value index of exports stood at 333.4 (+84.1% compared to the same period previous crop year or +1% compared to the previous month).

  • In March, the unit value of exports stood at €328.2 per 100kg (+41.9% compared to the same period previous crop year or +1% compared to the previous month).

  • In March, the volume of exports stood at 3 480.2 tonnes (-56% compared to the same period previous crop year or +9.5% 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 March of the 2023/2024 crop year, The unit value index of exports stood at 275.7 (+46% compared to the same period previous crop year or -3.3% compared to the previous month).

Extra-EU

  • In March, the unit value of exports stood at €1001 per 100kg (+58.6% compared to the same period previous crop year or +0.3% compared to the previous month).

  • In March, The volume of exports stood at 5 270.1 tonnes (+19.1% compared to the same period previous crop year or -4.6% compared to the previous month). The volume exported to Brazil was +43.7% compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In March, the unit value of exports stood at €615 per 100kg (+41.8% compared to the same period previous crop year or -9.2% compared to the previous month).

  • In March, the volume of exports stood at 9 821.3 tonnes (+33.6% compared to the same period previous crop year or -25% compared to the previous month).

Extra virgin olive oil

  • In March, the unit value index of exports stood at 283.3 (+46.2% compared to the same period previous crop year or -2.7% compared to the previous month).

  • In March, the unit value of exports stood at €791.7 per 100kg (+48.2% compared to the same period previous crop year or -2.7% compared to the previous month).

  • In March, the volume of exports stood at 10 548.8 tonnes (+21.3% compared to the same period previous crop year or -19.8% compared to the previous month).

Virgin olive oil

  • In March, the unit value index of exports stood at 259 (+101.6% compared to the same period previous crop year or -12.8% compared to the previous month).

  • In March, the unit value of exports stood at €639.7 per 100kg (+101.9% compared to the same period previous crop year or -12.8% compared to the previous month).

  • In March, the volume of exports stood at 374.2 tonnes (-54.2% compared to the same period previous crop year or -62.9% compared to the previous month).

Other olive oils

  • In March, the unit value index of exports stood at 269.3 (+49.8% compared to the same period previous crop year or -6.2% compared to the previous month).

  • In March, the unit value of exports stood at €695.7 per 100kg (+43.9% compared to the same period previous crop year or -6.2% compared to the previous month).

  • In March, the volume of exports stood at 3 357.4 tonnes (+108.1% compared to the same period previous crop year or +9.9% compared to the previous month).

Pomace olive oil

  • In March, the unit value index of exports stood at 179 (-7.4% compared to the same period previous crop year or -9.4% compared to the previous month).

  • In March, the unit value of exports stood at €218.3 per 100kg (-11.4% compared to the same period previous crop year or -9.4% compared to the previous month).

  • In March, the volume of exports stood at 3 290.9 tonnes (-31.4% compared to the same period previous crop year or -26.8% 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: Fri May 24 13:13:18 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)