OLIVE OIL IMPORTS

Imports of olive oil rose by 23.3% in the first ten months of the 2019/20 crop year compared to the same period the previous crop year. Since the covid-19 pandemic was declared in March 2020, imports have risen by 42.3% compared to the same period the previous year.

Between March and July 2020, imports of olive oil rose significantly in the main import markets. Imports rose in all markets by at least 20% compared to the same period the previous crop year, except China and Japan, which saw increases of 10.4% and 1.9% respectively.

 

 

 

 

 

 

 

Overall, all markets saw growth between March and July 2020 compared to the same period the previous year, particularly in the EU, where imports shot up with sustained growth of over 100%.

 

 

 

 

In the first ten months of the 2019/20 crop year, the main suppliers of olive oil were Tunisia, Spain, Italy and Portugal with market shares of over 10%.

Between March and July 2020, imports rose in Tunisia (219.4%), Italy (20.1%), Portugal (98.3%), Turkey (12.1%) and Greece (7.8%) compared to the same period the previous crop year. Spain was the only to fall among countries with market shares of over 1%.

International Olive Council IOC NEWSLETTER_154_EN

 

 

 

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