Olive Oil Market Newsletter by International Olive Council - January 2014

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By the close of the 2012/13 crop year, Greece had exported a total of 229 137 t, up by 73 pc on the season before. Greek exports to non-EU countries rose by 10 pc and went chiefly to the United States, followed by countries such as Canada, China, Russia and Australia. Notably, Greece produced 357 900 t of olive oil in 2012/13, i.e. 22 pc more than in 2011/12.
Intra-EU supplies of Greek olive oil were 83 pc higher than in 2011/12 and represented 91 pc of total Greek exports. The main destinations, ranked by volume, were Italy, which bought 154 437 t (+67 726 t) and Spain, which bought 37 375 t (+34 865 t). Germany, the United Kingdom and Bulgaria purchased smaller volumes.

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Greek exports (incl. intra-EU supplies) itemised by % share of oil type – 2012/13 crop year

MARKET NEWSLETTER
No 79 – January 2014
Source: International Olive Council

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