Olive oil performance in 2015/16 and olive oil and table olive estimates for 2016/17

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The meeting of the IOC Statistics Working Group was held on 3 October. The figures reported here for 2015/16 take into account the data provided by Members but are as yet provisional since the crop year has just ended. The resultant data indicates a tonnage of 3152000t for world production (28% or 694 000 t more than in 2014/15), 2963500t for consumption (+4%), and 802000t and 791000t respectively for imports and exports.

IOC member countries produce a total of 2957000t, which represents 94% of the world total for this crop year, while EU countries as a whole accounted for 2315500t (+61%), lead by Spain with 1397900t (+66%), followed by Italy 470000t (+112%), Greece with 320000t (+7%) and Portugal with 109 000 t (+79%). Note should be taken of the increase in production in Portugal, set to achieve its highest production figures in the last 25 years.

In the other IOC member countries, production decreased overall by 23%, with a total of 642 500 t. Turkey is in the lead with 143000t (- 11%), followed by Tunisia with 140000t (-59%), Morocco with 130 000 t (+8%), and Algeria with 83500t (+20%). The output of the rest of the IOC membership adds up to 146000t.

Consumption in the IOC member countries totalled 2159000t, which is an 8% increase in comparison with 2014/2015, while in non-member countries it was of approximately 804000t, decreasing by 5% season-on-season.

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