Graph I – Olive oil and olive pomace oil, percentage of world imports (average 6 crop years)
Imports of olive oil and olive pomace oil into Japan increased by 23.6% in the last crop year. The olive oil market in Japan saw strong growth from 2011/12 to 2014/15, when it reached 61 904 t. However, in the 2015/16 crop year, it recorded a fall of 8.3% compared to the 2014/15 crop year. In 2018/19, it reached a historic high of 70 640 t.
Table I shows imports over the last 6 crop years. The two main suppliers of olive oil to Japan are Spain and Italy, both of which saw increases compared to the previous crop year – of 29% in Spain and of 20.9% in Italy. Together, they contribute 93.9% of total imports, followed by Turkey with 3.7%, a fall of 6.1%.
By country of origin, 95.4% of imports to Japan in the 2018/19 crop year came from the European Union. Spain leads with 61.4%, followed by Italy with 32.6%. The remaining countries fall below 4%.
As regards volumes by product, 76.4% of imports were under code 15.09.10 (virgin olive oils), followed by 21.3% under code 15.09.90 (olive oils) and the remaining 2.3% under code (15.10.00) (olive pomace oils).
Virgin olive oil imports saw a positive trend in the last crop year: imports increased by 31.1% if we compare the 2018/2019 crop year with the 2017/2018 crop year when they represented 72% of total imports.