World trade of olive oil and table olives, May 2018

OLIVE OIL – OPENING OF THE 2017/18 CROP YEAR

Imports of olive oil and olive-pomace oil in the eight markets that appear in the table below close the first six months of the 2017/18 crop year (October 2017 – March 2018) with increases of 21% in Brazil, 7% in Japan, 4% in Canada and the USA and 3% in Russia. Imports however decreased by 19% in Australia and by 8% in China.

In the first five months of the crop year, the EU [data for the month of March 2018 were not available] posted a 56% year-on-year increase in extra-EU imports and a 9% decrease in intra-EU acquisitions.

TABLE OLIVES – OPENING OF THE 2017/18 CROP YEAR

Imports of table olives in the first seven months of the 2917/18 crop year (September 2017– March 2018) show a 6% year-on year increase in Canada and decreases in the other markets, down by 8% in Brazil, 7% in Australia and 6% in the United States, compared to the previous year.

In the first six months of the crop year, the EU [data for the month of March 2018 were not available] posted a 5% increase in intra-EU acquisitions and a 16% increase in extra-EU imports compared to the same period the previous year.

International Olive Council