Economy

Canada, imports olive oil and table olives

Canada accounts for about 5% of world imports of olive oil and olive-pomace oil. Imports reached 47 967 tin the 2017/18 crop year, an increase of 17.8% compared to the previous year, but an increase of 25.7% if wecompare to the 2012/13 crop year, when Canada imported 38 169 t

International Olive Council

Canada, imports olive oil and table olives

Olive oil and olive-pomace oil. Table I shows changes in imports overthe last 6 crop years. The three main suppliers to Canada are Italy, with just over half of total imports, Spain and Tunisia , accounting for 82% of all imports, followed by Greece with 7.7% and the United States with 4.2%. The greatest increases in the 2017/18 crop year were found in Spain (59.8%), Lebanon (44.6%), Tunisia (23.6%) and Italy (14.6%) compared to the previous crop year. Monthly price movements can be found in section I.1 of this newsl.

By origin, around 77.3% of imports came from the European Union. The remainder came mainly from Tunisia (13.4%), the United States (4.2%), Turkey (1.1%) and Lebanon (1%).

As for volumes by product, 79.6% of imports fell under code 15.09.10 (virgin olive oils), followed by imports under code 15.09.90 (olive oils) with 18.3% and the remaining 2.1% corresponding to imports under code 15.10.00 (olive-pomace oils).

Overall, imports of virgin olive oils have been ticking upwards. The total volume imported has increased by 132.1% if we compare the 2017/2018 crop year with the 2005/2006 crop year, when they accounted for 68.8% of all imports.

Table olives. Canadian market for table olives has shown overall long-term growth, reaching 31 336.9 t in the 2017/18 crop year (September 2017 – August 2018), or 4.8% of world imports, an increase of 9.3% compared to theprevious crop year. Graph IV shows the trend in imports over the last 13 crop years, from 20 007.9 t in 2005/06to 31 336.9 t in 2017/18, an increase of 56.6%.

Table II shows imports in the last crop year by country of origin. Spain stands out as the main supplier, pro- ducing 49.1% of all imports (15 400.4 t); followed by Greece with 25.1% (7 881.2 t); Morocco with 7.1% (2 218.2 t) and Italy with 5.0% (1 560.8 t). The rest of the countries are below 5%. Monthly price movements can be found in section I.2 of this news.

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