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World trade in olive oil and table olives, October 2016 – June 2017

International Olive Council

World trade in olive oil and table olives, October 2016 – June 2017

1. OLIVE OIL - 2016/17

Imports in olive oil and olive-pomace oil in the first nine months of this crop year (October 2016 – June 2017) in the eight markets listed in the table below reported a year-on-year increase of 29% in Brazil; 16% in Australia; 14% in China; 8% in Russia; 4% in Canada and 1% in Japan. In the United States, imports decreased by 5%.

EU (1) figures for the first eight months of the current crop year (October 2016 – May 2017) indicate that intra-EU acquisitions increased by 7% and extra-EU imports decreased by 11% compared with the same period the previous year.

2. TABLE OLIVES - 2016/17

In the first ten months of the 2016/17 crop year (2) (September 2016 – June 2017) in the five markets listed in the table below, imports increased by 19% in Brazil and 5% in Australia; they however decreased by 7% in Canada and by 3% in the United States compared to the same period the previous year.

EU (3) figures for the first nine months of the 2016/17 crop year (September 2016 - May 2017) indicate that intra- EU acquisitions remained stable while extra-EU imports increased by 3% compared to the previous crop year.

Microsoft Word - NEWSLETTER- JULY-AUGUST-2017-EN _2_

(1) EU data for June 2017 were not available at the time of writing.

(2) 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).

(3) EU data for June 2017 were not available at the time of writing.

International Olive Council

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