World trade in olive oil and table olives, opening of the 2017/18 crop year

OLIVE OIL Imports of olive oil and olive pomace oil in the eight markets that appear in the table below began the first two months of the 2017/18 crop year (October – November 2017), with decreases in most markets: -48% in China; -16% in Australia; – 11% in Canada; -4% in Japan; -7% in the USA and -3% in Russia. Imports however increased in Brazil by 5%.
One month before opening the crop year, EU1 imports posted a 16% decrease in extra-EU imports and a 7% decrease in intra-EU acquisitions compared to the same period the previous crop year.

TABLE OLIVES Imports of table olives in the first months of the 2017/18 crop year (September – November 2017) 2 indicate decreases of 14% in Australia, 11% in the USA, 2% in Brazil and 1% in Canada compared to the previous crop year.
EU data for the first two months of the 2017/18 crop year indicated a year-on-year rise of 7% in intra-EU acquisitions and 1% in extra-EU imports.

Photo by Luigi Caricato

International Olive Council