OLIVE OIL – 2017/18
Imports in olive oil and olive-pomace oil at the close of the 2017/18 crop year (October 2017 – August 2018) increased by 28% in Brazil, 16% in Canada, 3% in Australia and 2% in the US. They remained stable in Japan. Russia [Data for Russia for August 2018 were not available at the time of publishing this news] recorded a 1% in the ten months of the crop year. Data from China have not been available since April but the first six months of the year a fall of 8% in imports compared to the same period the previous crop year.
Figures for the EU [EU data for July 2018 were not available at the time of publishing this news] in the first ten months of the crop year indicate that extra-EU imports increased by 89%, where Tunisia was the main contributor to this rise, and intra-EU acquisitions fell by 5% compared to the same period the previous crop year.
TABLE OLIVE – 2017/18
Trade in table olives at the close of the 2017/18 crop year [According to the new provisions of the International Agreement on Olive Oil and Table Olives, 2015, which came into force on 1 January 2017, “table olive crop year” means the period of twelve months from 1 September of one year to 31 August of the next. Under the 2005 Agreement, the crop year for table olives was the same as that for olive oil (October to September)] increased by 9% in Canada, but fell by 4% in Brazil, 2% in the US and 2% in Australia compared to the same period the previous crop year.
EU figures [EU data for July 2018 were not available at the time of publishing this news] during the first ten months of the 2017/18 crop year show a 5% increase in intra-EU acquisitions and 16% in extra-EU acquisitions compared to the same period the previous crop year.
Photo by Olio Officina
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