IMPORT FIGURES OF OLIVE OIL IN THE EXTRA-EU(27)
1 notes
In March of the 2023/2024 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 €743 per 100kg (+3.3%).
Also in March, the imports of the European Union from Tunisia reached 15 127.2 tonnes (+10.7%, compared to the previous month).
As for first estimates of the 2022/2023 crop year, extra-EU imports of olive oil reached 176 051 tonnes for an estimated value of €827.4 million (+16.2% and +72.2% , respectively, compared to the previous crop year).
| Volume | Value | Volume | Value | Volume | Value | Volume | Value | Volume | Value | Volume | Value | Volume | Value | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Spain | 99 794 | 324.6 | 84 133 | 208.2 | 151 997 | 274.9 | 100 652 | 207.8 | 85 626 | 244.4 | 97 808 | 422.6 | 50 177 | 313.4 |
| Italy | 64 294 | 214.5 | 48 490 | 118.2 | 81 869 | 157.1 | 51 159 | 126.6 | 51 469 | 172.5 | 64 550 | 326.8 | 39 629 | 303.7 |
| France | 9 000 | 37.3 | 7 514 | 26.9 | 9 192 | 31.0 | 8 303 | 29.2 | 8 183 | 32.6 | 6 848 | 36.2 | 5 265 | 39.3 |
| Portugal | 3 998 | 13.5 | 699 | 1.8 | 2 273 | 4.5 | 436 | 1.2 | 1 | 0.0 | 2 319 | 15.4 | 4 804 | 32.5 |
| Belgium | 1 601 | 6.9 | 1 838 | 7.1 | 1 765 | 6.5 | 2 750 | 10.4 | 1 955 | 8.2 | 1 903 | 11.1 | 920 | 7.1 |
| Netherlands | 968 | 5.7 | 1 258 | 8.1 | 1 594 | 9.2 | 1 470 | 8.7 | 1 205 | 8.6 | 532 | 2.6 | 352 | 2.4 |
| Others | 2 514 | 10.3 | 2 975 | 10.2 | 3 866 | 10.9 | 2 869 | 9.6 | 3 121 | 14.0 | 2 090 | 12.6 | 1 438 | 11.5 |
| Total | 182 169 | 612.9 | 146 907 | 380.7 | 252 556 | 494.0 | 167 639 | 393.4 | 151 560 | 480.3 | 176 051 | 827.4 | 102 585 | 709.8 |
| * Extra EU imports by importing country and crop year. Volume in tonnes. Value in millions. 2023/2024 from October to March |
By partner country, Tunisia, Türkiye, Argentina 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 | Volume | Value | Volume | Value | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tunisia | 122 663 | 419.2 | 106 629 | 272.8 | 219 727 | 418.9 | 140 758 | 319.4 | 123 096 | 386.6 | 110 687 | 529.3 | 59 633 | 449.0 |
| Türkiye | 15 059 | 50.9 | 5 525 | 12.9 | 7 696 | 15.3 | 4 140 | 10.2 | 4 186 | 13.2 | 27 951 | 124.5 | 13 282 | 71.4 |
| Argentina | 10 854 | 34.7 | 5 082 | 11.9 | 7 457 | 15.3 | 7 321 | 19.0 | 5 997 | 18.5 | 6 521 | 33.2 | 7 144 | 47.6 |
| Morocco | 6 311 | 19.1 | 16 509 | 38.0 | 6 125 | 13.9 | 5 665 | 16.0 | 9 909 | 30.0 | 5 715 | 24.1 | 3 386 | 24.1 |
| Peru | 87 | 0.2 | 918 | 2.4 | 3 181 | 5.7 | 1 646 | 2.9 | 632 | 1.8 | 2 768 | 10.6 | 1 012 | 5.9 |
| Syria | 20 264 | 61.2 | 8 089 | 24.0 | 2 978 | 5.1 | 3 732 | 7.7 | 2 618 | 5.8 | 8 202 | 34.3 | 6 960 | 36.2 |
| United Kingdom | 2 478 | 9.7 | 2 334 | 7.8 | 2 351 | 7.2 | 1 249 | 4.9 | 1 873 | 8.2 | 944 | 6.2 | 620 | 5.3 |
| Chile | 903 | 3.2 | 174 | 0.5 | 865 | 2.2 | 1 052 | 2.6 | 1 118 | 3.9 | 3 411 | 20.9 | 2 371 | 14.9 |
| Palestinian Territories | 367 | 3.3 | 634 | 6.2 | 580 | 5.7 | 562 | 5.4 | 457 | 5.3 | 92 | 1.1 | 66 | 0.8 |
| Egypt | 1 645 | 5.3 | 138 | 0.2 | 538 | 1.0 | 209 | 0.5 | 219 | 0.5 | 1 820 | 8.6 | 4 588 | 31.0 |
| Uruguay | 0 | 0.0 | 1 | 0.0 | 401 | 0.9 | 238 | 0.5 | 293 | 0.9 | 220 | 0.8 | 0 | 0.0 |
| Others | 1 537 | 6.1 | 874 | 3.8 | 657 | 2.7 | 1 067 | 4.3 | 1 161 | 5.6 | 7 722 | 33.9 | 3 524 | 23.5 |
| Total | 182 169 | 612.9 | 146 907 | 380.7 | 252 556 | 494.0 | 167 639 | 393.4 | 151 560 | 480.3 | 176 051 | 827.4 | 102 585 | 709.8 |
| * Extra EU imports by partner 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, 68% of total imports were under code 15091020 (extra virgin olive oil), followed by imports under code 15091010 (Virgin lampante) with 19.9%, 15099000 (Other olive oils) with 6.7%, and the remaining 5.3% under 15091080 (Virgin olive oil).
In March of the 2023/2024 crop year, the unit value index of extra-EU imports stood at 318.9 (+75.1% compared to the same period previous crop year or +2.1% compared to the previous month).
Also in March of the 2023/2024 crop year, the unit value of extra-EU imports stood at €743 per 100kg (+72.3% compared to the same period previous crop year or +3.3% compared to the previous month) while the import volume stood at 21 978.8 tonnes (+66.6% compared to the same period previous crop year or -0.7% compared to the previous month).
In March, extra-EU imports mainly came from Tunisia(+77.6%), Türkiye(+28.5%), Argentina(+198.2%), Morocco(+4.6%), Peru(-100%), Syrian Arab Republic(+56.6%), compared to the same period the previous crop year.
Tunisia is the main partner of the European Union with a share of 68.8%, the import volume from this country stood at 15 127.2 tonnes (+77.6% compared to the same period previous crop year or +10.7% 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 €803 per 100kg (+79.8% compared to the same period previous crop year or +3.4% compared to the previous month), while the unit value of total imports from outside the European Union was €742.8, (€59.8).
1. Extra-EU
In March of the 2023/2024 crop year, the unit value index of the extra-EU in stood at 318.9 (+75.1% compared to the same period previous crop year or +2.1% compared to the previous month).
In March, The unit value of imports stood at €743 per 100kg (+72.3% compared to the same period previous crop year or +3.3% compared to the previous month).
In March, The volume of imports in stood at 21 978.8 tonnes (+66.6% compared to the same period previous crop year or -0.7% compared to the previous month). Imports mainly came from Tunisia(+77.6%), Türkiye(+28.5%), Argentina(+198.2%), Morocco(+4.6%), Peru(-100%), Syrian Arab Republic(+56.6%), compared to the same period the previous crop year.
Extra virgin olive oil
In March, the unit value index of imports stood at 331.7 (+69.8% compared to the same period previous crop year or +0% compared to the previous month).
In March,The unit value of imports stood at €788.6 per 100kg (+70.8% compared to the same period previous crop year or +0% compared to the previous month).
In March, the volume of imports stood at 15 521.2 tonnes (+77.3% compared to the same period previous crop year or +5.9% compared to the previous month).
Virgin olive oil
In March, the unit value index of imports stood at 276.5 (+49.9% compared to the same period previous crop year or +10.6% compared to the previous month).
In March, the unit value of imports stood at €582 per 100kg (+38.9% compared to the same period previous crop year or +10.5% compared to the previous month).
In March, the import volume stood at 2 958.6 tonnes (+306.9% compared to the same period previous crop year or -3.5% compared to the previous month).
Other olive oils
In March, the unit value index of imports stood at 352.3 (+156.6% compared to the same period previous crop year or +11.7% compared to the previous month).
In March, the unit value of imports stood at €742.2 per 100kg (+75.9% compared to the same period previous crop year or +11.7% compared to the previous month).
In March, the import volume stood at 796.2 tonnes (-27.6% compared to the same period previous crop year or +15.6% compared to the previous month).
Pomace olive oil
In March, the unit value index of imports stood at 269.7 (+62.8% compared to the same period previous crop year or +0% compared to the previous month).
In March, the unit value of imports stood att €235.2 per 100kg (+57.7% compared to the same period previous crop year or +0% compared to the previous month).
In March, the import volume stood at 1 967.4 tonnes (+282.4% compared to the same period previous crop year or +57% 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)
1.5.5 Extra-EU, volume (2021/2022) (tonnes)
1.5.6 Extra-EU, value (2021/2022) (€ - millions)
1.5.7 Extra-EU, volume (2022/2023) (tonnes)
1.5.8 Extra-EU, value (2022/2023) (€ - 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.
Latest update: Thu May 30 11:09:02 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.
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 million = 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)