1. WORLD OLIVE OIL MARKET
At the close of the 2013/14 crop year (October 2013–September 2014), imports of olive oil and olive pomace oil by the seven countries listed in the table below showed a season-on-season increase in the cases of Canada (+10 pc), the United States (+5 pc), Japan (+4 pc) and Australia (+1 pc) and decreases for China (-15 pc) and Brazil (-2 pc). Data for Russia are only available up to April 2014, i.e. for the first seven months of the crop year, and reflect an increase of 8 pc in imports.
Intra-EU imports recorded a season-on-season increase of 17 pc while extra-EU imports fell by 62 pc. This cumulative fall in extra-EU imports seems logical given the high level of Spain’s production in 2013/14.
2. WORLD TABLE OLIVE MARKET IN 2013/14
At the end of the 2013/14 crop year (October 2013–September 2014) table olive imports by the five countries listed in the table had increased by 5 pc in Brazil, 0.4 pc in Canada and 1 pc in Australia versus 2012/13 while they had dropped by 5 pc in the United States. Again the data for Russia are only available up to April 2014, i.e. for the first seven months of the season and show a drop of 12 pc.
The EU data for September 2014 were not available at the time of writing but in the first eleven months of the crop year, intra-EU acquisitions dropped by 9 pc while imports from non-EU countries increased by 13 pc.
Source: International Olive Council – Newsletter N89World market for olive oil and table olives in 2013/14,