Spanish table olive exports reached a record in 2014

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According to the Exporters and Manufacturers of Table Olives (Asemesa), the Spanish table olive exports reached a record in 2014 (364.8 million of kilos worth 711.5 million euros). However, despite the increase in foreign sales, Spain lost market share.

During 2014, Spanish exports increased by 17.23% compared to 2013 (311.2 million of kilos worth 624.6 million euros), and the domestic market showed a change of tendency to grow 4%. As Asemesa highlighted, crop failure from other producing countries and the depreciation of the euro have been key factors in this growth.

In terms of destinations, Asemesa noted that exports to the area bounded by the US, Puerto Rico and Canada have increased by 8.47%, while in Russia and the Eastern countries have raised 10.45% and 102.90% in the Center-South region. According to Asemesa’s CEO, Antonio de Mora, the latter figure is due to “purely temporary” reasons and due to the lack of harvest in Argentina, traditional supplier of olives to Brazil. In the other hand, the European Union continues to lead the ranking of table olive markets by geographical area, increasing its exports 12.51%.

By country, the US remains the main buyer of olives from Spain with 21.1% of the total exports; followed by Italy with 9.6%, France and Brazil with 7.3% and Russia with 6.6%.

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