IMPORT FIGURES OF OLIVE OIL IN THE EXTRA-EU(27)
1 notes
In June of the 2023/2024 crop year, the unit value index of extra-EU imports decreased by +0.2% compared to the previous month. The unit value of extra-EU imports stood at €701 per 100kg (-2.3%).
Also in June, the imports of the European Union from Tunisia reached 12 582.8 tonnes (+2.8%, compared to the previous month).
As for first estimates of the 2022/2023 crop year, extra-EU imports of olive oil reached 176 063 tonnes for an estimated value of €827.5 million (+16.2% and +72.3% , 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 | 82 086 | 524.2 |
| 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 | 57 844 | 444.7 |
| France | 9 000 | 37.3 | 7 514 | 26.9 | 9 192 | 31.0 | 8 303 | 29.2 | 8 182 | 32.6 | 6 848 | 36.2 | 7 248 | 54.8 |
| Portugal | 3 998 | 13.5 | 699 | 1.8 | 2 273 | 4.5 | 436 | 1.2 | 2 | 0.0 | 2 320 | 15.4 | 9 484 | 68.2 |
| Belgium | 1 601 | 6.9 | 1 838 | 7.1 | 1 765 | 6.5 | 2 750 | 10.4 | 1 955 | 8.2 | 1 900 | 11.1 | 2 462 | 19.1 |
| Netherlands | 968 | 5.7 | 1 258 | 8.1 | 1 594 | 9.2 | 1 470 | 8.7 | 1 198 | 8.6 | 537 | 2.6 | 572 | 4.0 |
| Others | 2 514 | 10.3 | 2 975 | 10.2 | 3 866 | 10.9 | 2 869 | 9.6 | 3 120 | 14.0 | 2 099 | 12.7 | 2 163 | 17.8 |
| Total | 182 169 | 612.9 | 146 907 | 380.7 | 252 556 | 494.0 | 167 639 | 393.4 | 151 552 | 480.4 | 176 063 | 827.5 | 161 859 | 1 132.9 |
| * Extra EU imports by importing country and crop year. Volume in tonnes. Value in millions. 2023/2024 from October to June |
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 | 123 095 | 386.6 | 110 685 | 529.3 | 100 998 | 761.3 |
| Türkiye | 15 059 | 50.9 | 5 525 | 12.9 | 7 696 | 15.3 | 4 140 | 10.2 | 4 186 | 13.2 | 27 963 | 124.5 | 20 484 | 112.4 |
| Argentina | 10 854 | 34.7 | 5 082 | 11.9 | 7 457 | 15.3 | 7 321 | 19.0 | 5 998 | 18.5 | 6 521 | 33.2 | 7 661 | 50.5 |
| Morocco | 6 311 | 19.1 | 16 509 | 38.0 | 6 125 | 13.9 | 5 665 | 16.0 | 9 909 | 30.0 | 5 705 | 24.1 | 5 224 | 38.4 |
| Peru | 87 | 0.2 | 918 | 2.4 | 3 181 | 5.7 | 1 646 | 2.9 | 632 | 1.8 | 2 768 | 10.6 | 1 123 | 6.7 |
| Syria | 20 264 | 61.2 | 8 089 | 24.0 | 2 978 | 5.1 | 3 732 | 7.7 | 2 615 | 5.8 | 8 205 | 34.3 | 9 647 | 49.8 |
| United Kingdom | 2 478 | 9.7 | 2 334 | 7.8 | 2 351 | 7.2 | 1 249 | 4.9 | 1 871 | 8.3 | 952 | 6.3 | 928 | 8.2 |
| Chile | 903 | 3.2 | 174 | 0.5 | 865 | 2.2 | 1 052 | 2.6 | 1 118 | 3.9 | 3 411 | 20.9 | 2 526 | 15.6 |
| Palestinian Territories | 367 | 3.3 | 634 | 6.2 | 580 | 5.7 | 562 | 5.4 | 457 | 5.3 | 92 | 1.1 | 115 | 1.4 |
| Egypt | 1 645 | 5.3 | 138 | 0.2 | 538 | 1.0 | 209 | 0.5 | 219 | 0.5 | 1 820 | 8.6 | 8 141 | 56.5 |
| Uruguay | 0 | 0.0 | 1 | 0.0 | 401 | 0.9 | 238 | 0.5 | 293 | 0.9 | 220 | 0.8 | 132 | 0.7 |
| Others | 1 537 | 6.1 | 874 | 3.8 | 657 | 2.7 | 1 067 | 4.3 | 1 158 | 5.6 | 7 720 | 33.9 | 4 879 | 31.4 |
| Total | 182 169 | 612.9 | 146 907 | 380.7 | 252 556 | 494.0 | 167 639 | 393.4 | 151 552 | 480.4 | 176 063 | 827.5 | 161 859 | 1 132.9 |
| * Extra EU imports by partner and crop year. Volume in tonnes.Value in millions. 2023/2024 from October to June |
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 5.4% under 15091080 (Virgin olive oil).
In June of the 2023/2024 crop year, the unit value index of extra-EU imports stood at 308.3 (+48.6% compared to the same period previous crop year or +0.2% compared to the previous month).
Also in June of the 2023/2024 crop year, the unit value of extra-EU imports stood at €701 per 100kg (+47.4% compared to the same period previous crop year or -2.3% compared to the previous month) while the import volume stood at 16 721.4 tonnes (-3.3% compared to the same period previous crop year or -8.3% compared to the previous month).
In June, extra-EU imports mainly came from Tunisia(+24.6%), Türkiye(-69.7%), Argentina(+132200%), Morocco(-45%), Peru(-100%), Syrian Arab Republic(+6.8%), compared to the same period the previous crop year.
Tunisia is the main partner of the European Union with a share of 75.2%, the import volume from this country stood at 12 582.8 tonnes (+24.6% compared to the same period previous crop year or +2.8% 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 €732 per 100kg (+47.4% compared to the same period previous crop year or -0.5% compared to the previous month), while the unit value of total imports from outside the European Union was €701, (€31.5).
1. Extra-EU
In June of the 2023/2024 crop year, the unit value index of the extra-EU in stood at 308.3 (+48.6% compared to the same period previous crop year or +0.2% compared to the previous month).
In June, The unit value of imports stood at €701 per 100kg (+47.4% compared to the same period previous crop year or -2.3% compared to the previous month).
In June, The volume of imports in stood at 16 721.4 tonnes (-3.3% compared to the same period previous crop year or -8.3% compared to the previous month). Imports mainly came from Tunisia(+24.6%), Türkiye(-69.7%), Argentina(+132200%), Morocco(-45%), Peru(-100%), Syrian Arab Republic(+6.8%), compared to the same period the previous crop year.
Extra virgin olive oil
In June, the unit value index of imports stood at 311.2 (+44.4% compared to the same period previous crop year or +0.3% compared to the previous month).
In June,The unit value of imports stood at €734.7 per 100kg (+44.3% compared to the same period previous crop year or +0.3% compared to the previous month).
In June, the volume of imports stood at 11 616.2 tonnes (+12.4% compared to the same period previous crop year or -20.2% compared to the previous month).
Virgin olive oil
In June, the unit value index of imports stood at 333.7 (+65.4% compared to the same period previous crop year or -2.6% compared to the previous month).
In June, the unit value of imports stood at €697.2 per 100kg (+52% compared to the same period previous crop year or -2.6% compared to the previous month).
In June, the import volume stood at 596.1 tonnes (-61.5% compared to the same period previous crop year or -20.2% compared to the previous month).
Other olive oils
In June, the unit value index of imports stood at 352 (+127.2% compared to the same period previous crop year or -3.4% compared to the previous month).
In June, the unit value of imports stood at €737.7 per 100kg (+54.7% compared to the same period previous crop year or -3.4% compared to the previous month).
In June, the import volume stood at 893.9 tonnes (+13% compared to the same period previous crop year or +11.1% compared to the previous month).
Pomace olive oil
In June, the unit value index of imports stood at 285.7 (-69% compared to the same period previous crop year or +1.6% compared to the previous month).
In June, the unit value of imports stood att €247.4 per 100kg (-70.1% compared to the same period previous crop year or +1.6% compared to the previous month).
In June, the import volume stood at 4 181.1 tonnes (+1393600% compared to the same period previous crop year or +188% 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: Sat Aug 17 18:15:51 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)