Olive oil and olive-pomace oil
Australia’s imports of olive oil and olive-pomace oil increased by 7% in the 2017/18 crop year. Some 31 699 t were imported, an increase of 10.2% if we compare with the 2012/13 crop year, which saw imports of 28 762 t. Table I shows changes in imports over the last 6 crop years: the minimum was reached in the 2014/2015 crop year, coinciding with the year with the lowest gross national income per capita (2015). On the other hand, Spain and Italy are Australia’s main suppliers, accounting for 89.9% of the total, followed by Greece with 4.4% and the rest of the countries with less than 2%. The largest increases in the 2017/18 crop year oc-curred in Lebanon and Spain (47.7% and 12.7%, respectively) compared to the previous crop year. In sectionI.1 of this publication you can follow the monthly movements of this market.
By origin of imports, 94.6% of the total came from the European Union. The remaining 5.4% comes mainly from Turkey 1.9%, Lebanon 1.4% and Tunisia 1.1%.
As for volumes by product category, 51.3% of total imports were under code 15.09.10 (virgin olive oils), fol-lowed by imports corresponding to code 15.09.90 (olive oils) with 47.3% and the remaining 1.4% correspon-ding to imports under code 15.10.00 (olive-pomace oils).
Trends in imports of virgin olive oils and olive oils have changed since the 2014/2015 crop year. Imports of vir-gin olive oils increased by 27.5% if we compare the 2017/2018 crop year with the 2007/2008 crop year, when they represented 46% of total imports.
Australian has imported around 17 000 t of table olives in the last 11 crop years, reaching 17 259.9 t in the 2017/18 crop year (September 2017 – August 2018), or 2.7% of world imports.
Table II shows the imports of the last crop year by country of origin. Greece stands out as the main supplierto Australia, with 60.2% of the imported volume (10 385.1 t), followed by Spain with 22.4% (3 860.8 t) and Turkey with 4.5% (770.3 t). The rest of the countries are below 3%. In section I.2 of this publication you canfollow the monthly movements of this market.