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Welcome to the IOC, the only intergovernmental organisation in the world to bring together all the stakeholders involved in the production and consumption of olive oil and table olives.
Here you’ll find an overview of the latest sector statistics, including an update on olive oil prices, trends in international trade in olive oil and table olives, and producer prices for olive oil.
Follow us and visit our website to be up to date with the latest data! Don’t hesitate to send us an e-mail if you have any questions (iooc@internationaloliveoil.org).
Market situation
Initial data show a 9.7% increase in table olive imports by the main importing countries between September 2023 and August 2024.
Graph 1. Volume of table olive imports by the main importing and partner countries.
Five markets account for around 67% of global table olive imports: the United States (24%), Brazil (18%), the European Union (EU; 17%), Canada (5%) and Australia (3%).
Imports of table olives from the main importing countries rose by 9.7% in the 2023/24 crop year (September 2023 – August 2024) compared with the same period in the previous crop year.
Table 1. Table olive imports from 2019/20 to 2023/24. Volume in tonnes.
The main partner countries for these markets are Spain, Argentina, Morocco, Greece and Türkiye.
Table 2. Partner countries of main importers. Volume in tonnes.
As far as imports from outside the EU are concerned, during the 2023/24 crop year, an estimated 151,633 tonnes of table olives were imported, with a value of 336.8 million euros (+41.2% and +48.6% respectively compared to the previous crop year). Morocco, Türkiye, Egypt and Albania are the main partner countries.
Table 3. Extra-Community imports by partner country and season. Volume in tonnes. Value in millions of euros (CIF).
The United States imports more than 150,000 tonnes on average per crop year. The country’s main suppliers of table olives are Spain (39%), Greece (25%) and Morocco (10%).
Table 4. Table olive imports into the United States by partner country and crop year. Volume in tonnes.
Brazil imports an average of around 125,000 tonnes, mainly from Argentina (49%), Peru (21%) and Egypt (21%).
Table 5. Imports of table olives into Brazil by partner country and crop year. Volume in tonnes.
As far as producer prices for extra virgin olive oil are concerned, the latest figures for the second week of October for Jaén (Spain) put them at €732 per 100kg, 18.9% down on mid-January, when they peaked at €902.5. In the case of Bari (Italy), the figure is €915 per 100 kg (-5.5%). 
Graph 2. Monthly producer prices for extra virgin olive oil.
In August of the 2023/24 crop year, extra-Community olive oil exports from the EU had a unit value of €915 per 100 kg (+31.8% on the same period of the previous crop year, or -3.7% on the previous month).
Graph 3: Monthly evolution of the unit value (FOB) and volume of extra virgin olive oil exports from the EU. Volume in tonnes. Value in euros.
The export unit values index fell for the fifth consecutive month compared with the same month last year. In August, it had fallen by 3.8% compared with July.
Graph 4: Monthly evolution of the unit value index of extra-EU olive oil exports from the EU. Rate of change (m/m-12) (%).
Olive oil imports by the main importing countries shown in the table below increased by 1.4% between October 2023 and August 2024 compared with the same period in the 2022/23 crop year.
Table 6. Olive oil imports by the main importing countries. Volume in tonnes.
The Harmonised Index of Consumer Prices (HICP) for olive oil in the EU rose by 21.8% in September compared to the same month last year, less than in August (-1.1%). This index has been falling since April 2024.
Graph 5: Trend in the HICP for olive oil in the EU-27. Rate of change (m/m-12) (%).
By country, the biggest increases were in Bulgaria and Estonia.
Graph 6: HICP for olive oil by country in the EU-27. Rate of change (m/m-12) (%).
Graph 7: HICP for olive oil by country in the EU-27. Rate of change (m/m-12) (%).
Click on these links to read more about olive sector prices, exports, and other relevant information.
* The data published in this document is not definitive and may be amended or corrected without notice.
