IMPORT FIGURES OF OLIVE OIL: EXTRA-EU27

In November of the 2021/2022 crop year, the unit value index of extra-EU imports increased by 4.3% compared to the previous month. The unit value of extra-EU imports stood at €293 per 100kg (+8.8%). Also in November, imports from Tunisia to the EU reached 6 085.7 tonnes (-17.5%).

In the 2019/2020 crop year, extra-EU imports of olive oil reached 252 486 tonnes for an estimated value of €493.8 million (+71.9% and +29.7% respectively compared to the previous crop year).

As for first estimates of the 2020/2021 crop year, extra-EU exports of olive oil reached 167 616 tonnes for an estimated value of €393.4 million (-33.6% and -20.3% respectively compared to the previous crop year).

By partner country, Tunisia, Turkey, Argentina and Morocco are the most representative partners of the EU. They cover around 90% of imports from the EU.

In terms of volumes by product category in the 2019/2020 crop year, 62.5% of total imports were under code 15091020 (extra virgin olive oil), followed by imports under code 15091010 (virgin lampante) with 31.5%, 15099000 (other olive oils) with 3.3%, and the remaining 2.7% under 15091080 (virgin olive oil).

In November of the 2021/2022 crop year, the unit value index of extra-EU imports stood at 108.5 (+53.5% compared to the same period previous crop year or +4.3% compared to the previous month).

Also in November of the 2021/2022 crop year, the unit value of extra-EU imports stood at €293 per 100kg (+44.1% compared to the same period previous crop year or +8.8% compared to the previous month) while the import volume stood at 8 652.5 tonnes (-45.2% compared to the same period previous crop year or -18.4% compared to the previous month).

In November, these imports mainly came from Tunisia (-51.7%), Turkey (-67.5%), Argentina (+48.6%), Morocco (-58%), Peru (-76.2%) and the Syrian Arab Republic (+57.1%), compared to the same period the previous crop year.