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World trade in olive oil and table olives (May 2017)

International Olive Council

World trade in olive oil and table olives (May 2017)

OLIVE OIL – 2016/17

Imports in olive oil and olive-pomace oil in the eight markets listed in the table below, over the first six months (October 2016–March 2017) of the 2016/17 crop year, grew by 39% in Australia; 37% in Brazil; 19% in China; 4% in Japan; and 2% in Russia. In the United States imports fell by 7%, compared to the previous year. At the time of publishing the Newsletter, data for Canada was only available for the month of February 2017, showing a 9% year-on-year increase.

EU1 figures for the first five months of the current crop year (October–February 2017) report that intra- EU acquisitions have risen by 9% and imports from outside the EU have fallen by 7% compared to the same period the previous year.

TABLE OLIVES – 2016/17

Table olive imports in the first seven months of the 2016/17 crop year2 (September 2016–February 2017) in the five markets that appear in the table below, report an increase of 23% in Brazil and 1% in Australia; they however fell in the United States by 3% compared to the previous crop year. At the time of publishing the Newsletter, data for Canada was only available for the month of February 2017, showing a 1% year-on-year decrease.

EU3 figures for the first six months of the 2016/17 crop year (September 2016 – January 2017) reported that intra-EU acquisitions decreased by 3% and that extra-EU imports increased by 4%, compared to the same period the previous crop year.

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