EXPORT FIGURES OF OLIVE OIL IN THE EUROPEAN UNION (EU-27)

1 notes

As for first estimates of the 2020/2021 crop year, extra-EU exports of olive oli reached 804 011 tonnes for an estimated value of €2.856 billion (-2% and +6% , respectively, compared to the previous crop year).

In May of the 2021/2022 crop year, the unit value index of extra-EU exports increased by +3.1% compared to the previous month. The unit value of extra-EU exports stood at €449 per 100kg (+3.8% compared to the previous month).

Spanish exports of olive oil reached 1 106 058 tonnes in the 2020/2021 crop year for an estimated value of €3.189 billion, placing it in first place followed by Italy with 350 225 tonnes and €1.437 billion ; Portugal with 191 954 tonnes and €590.5 million ; and Greece with 171 850 tonnes and €582.1 million.

In the 2020/2021 crop year, extra-EU exports of olive oil reached 804 011 tonnes for an estimated value of €2.856 billion (-2% and +6% , respectively, compared to the previous crop year).

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
Volume Value Volume Value Volume Value Volume Value Volume Value
Spain 338 408 1 381.0 400 231 1 327.0 475 708 1 358.4 464 598 1 453.0 305 306 1 183.5
Italy 198 365 969.3 210 590 953.5 230 931 909.1 222 606 944.5 157 815 758.3
Portugal 58 415 280.5 65 005 263.5 80 359 280.7 76 087 284.9 45 426 198.3
Greece 20 251 97.7 22 218 95.1 23 164 91.9 24 536 102.4 16 326 78.7
Others 8 738 49.0 10 843 56.6 10 592 53.3 16 184 71.4 12 217 56.6
Total 624 176 2 777.5 708 887 2 695.7 820 755 2 693.5 804 011 2 856.2 537 090 2 275.5
* Extra EU exports by exporting country and crop year. Volume in tonnes. Value in millions. 2021/2022 from October to May

On the other hand, intra-EU exports reached 1 056 011 tonnes for an estimated value of €3.125 billion (-0.4% and +17%, respectively, compared to the previous crop year).

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
Volume Value Volume Value Volume Value Volume Value Volume Value
Spain 541 360 1 720.4 631 942 1 672.0 645 882 1 446.2 641 460 1 736.5 392 570 1 290.9
Greece 136 679 497.2 90 965 289.3 137 691 358.7 147 314 479.7 78 011 303.9
Portugal 100 219 327.8 94 030 261.9 128 163 306.0 115 867 305.6 138 734 424.3
Italy 95 598 451.5 96 509 413.9 124 657 450.2 127 619 492.7 84 662 375.8
Others 20 842 104.5 22 923 110.4 23 811 109.2 23 751 110.3 14 213 71.4
Total 894 698 3 101.4 936 369 2 747.5 1 060 205 2 670.3 1 056 011 3 124.7 708 190 2 466.3
* Intra EU exports by exporting country and crop year. Volume in tonnes. Value in millions. 2021/2022 from October to May

In terms of volumes by product category in the 2019/2020 crop year, 70.7% of total exports were under code 15091020 (extra virgin olive oil), followed by imports under 15091080 (Virgin olive oil) with 5.8%, 15099000 (Other olive oils) with 19%, and the remaining 4.4% under 15091010 (Virgin lampante).

In May of the 2021/2022 crop year, the unit value index of extra-EU exports stood at 120.7 (+36.1% compared to the same period previous crop year or +3.1% compared to the previous month).

Also in May of the 2021/2022 crop year, the unit value of extra-EU exports stood at €449 per 100kg (+23.8% compared to the same period previous crop year or +3.8% compared to the previous month) while the export volume stood at 82 790.8 tonnes (+19.7% compared to the same period previous crop year or +10.5% compared to the previous month).

Extra-EU exports mainly went to Australia(+39.9%), Brazil(+42.5%), Canada(+76%), China(+46.8%), Japan(-1.2%), Republic of Korea(+127.4%), Russian Federation(-61.3%), United kingdom(+36.3%), United States(+7.2%), compared to the same period the previous crop year.

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
Volume Value Volume Value Volume Value Volume Value Volume Value
United States 194 473 875.4 242 390 937.9 271 868 887.3 275 427 962.6 195 694 816.8
Brazil 67 511 325.9 71 532 291.0 93 657 325.1 87 629 328.5 52 833 234.4
United Kingdom 61 218 235.0 61 686 212.6 74 984 215.4 69 807 219.3 47 310 180.9
Japan 49 394 229.4 65 319 254.6 67 839 230.0 55 968 206.7 36 693 158.9
China 35 080 144.4 44 392 140.3 46 227 127.3 40 350 128.1 26 030 100.7
Canada 29 700 130.3 28 187 109.3 36 139 117.4 31 029 113.2 20 772 96.1
Australia 28 991 118.1 26 197 91.4 36 043 109.1 31 512 101.3 17 284 67.7
Switzerland 14 101 76.4 14 662 73.2 17 663 84.7 17 477 86.0 11 031 60.9
Russia 13 183 64.3 15 057 63.8 16 953 65.8 18 170 73.4 8 940 41.6
Mexico 11 785 54.0 12 557 52.9 16 507 57.4 19 509 72.4 11 878 51.7
South Korea 12 479 50.6 15 435 51.2 15 618 51.2 21 350 77.1 17 717 72.1
Others 106 261 473.7 111 473 417.5 127 256 422.7 135 783 487.5 90 905 393.7
Total 624 176 2 777.5 708 887 2 695.7 820 755 2 693.5 804 011 2 856.2 537 090 2 275.5
* Extra EU exports by partner and crop year. Volume in tonnes.Value in millions. 2021/2022 from October to May

Intra-EU exports mainly went to Italy, France, Portugal, Spain, Germany, Netherlands, and Belgium.

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
Volume Value Volume Value Volume Value Volume Value Volume Value
Italy 419 049 1 320.3 452 761 1 176.6 472 363 1 033.3 451 569 1 271.7 322 351 1 059.7
Portugal 98 209 451.7 108 146 399.7 137 060 379.9 151 463 441.6 68 265 295.4
France 122 735 305.3 125 054 260.0 136 901 278.5 142 896 378.4 80 004 214.5
Spain 78 032 243.4 64 851 167.3 99 051 218.0 90 511 224.3 93 573 278.8
Germany 67 237 318.5 71 334 308.2 87 502 331.9 92 291 356.8 63 662 278.8
Netherlands 23 677 86.8 22 178 76.6 24 938 74.4 26 603 82.7 16 010 62.8
Belgium 16 376 76.5 18 098 74.4 22 042 77.8 19 119 71.7 11 192 49.5
Poland 9 580 36.8 11 342 39.0 13 934 42.0 12 929 45.1 9 481 39.1
Austria 10 796 52.2 9 895 47.4 10 688 44.3 10 092 45.8 5 948 30.1
Others 49 008 209.8 52 709 198.4 55 727 190.2 58 536 206.7 37 703 157.7
Total 894 698 3 101.4 936 369 2 747.5 1 060 205 2 670.3 1 056 011 3 124.7 708 190 2 466.3
* Intra EU exports by partner and crop year. Volume in tonnes. Value in millions. 2021/2022 from October to May

By country, Greece, Italy, Portugal and Spain are the most representative olive oil exporters from the European Union to other countries. They cover around 70% of global olive oil exports.

Spain

The IOC’s figures for Spain from May of the 2021/2022 crop year put the unit value index of exports at 130.8 (+33.1% compared to the same period previous crop year or +3.6% compared to the previous month).

The unit value of extra-EU exports stood at €416 per 100kg (+31% compared to the same period previous crop year or +4.3% compared to the previous month) while the export volume stood at 47 598 tonnes (+21.2% compared to the same period previous crop year or +3.5% compared to the previous month).

Spanish exports mainly went to Australia(+62%), Brazil(+14.6%), Canada(+131.5%), China(+48.5%), Japan(+0.8%), Republic of Korea(+110.4%), Russian Federation(-68.9%), United kingdom(+33.6%), United States(+5.6%), compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €346 per 100kg (+19.1% compared to the same period previous crop year or +2.4% compared to the previous month) while the export volume stood at 62 094.7 tonnes (+16.3% compared to the same period previous crop year or +4.7% compared to the previous month).

Italy

The IOC’s figures for Italy from May of the 2021/2022 crop year put the unit value index at 116.2 (+27.1% compared to the same period previous crop year or -0.5% compared to the previous month).

The unit value of extra-EU exports stood at €504 per 100kg (+16.3% compared to the same period previous crop year or +0.9% compared to the previous month) while the export volume stood at 23 772.4 tonnes (+13.1% compared to the same period previous crop year or +19.8% compared to the previous month).

Extra-EU exports mainly went to Australia(-43.4%), Brazil(+99.1%), Canada(+55.9%), China(+37%), Japan(-7.1%), Republic of Korea(+228.8%), Russian Federation(-66.7%), United kingdom(+55.5%), United States(+3.3%), compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €466 per 100kg (+22.1% compared to the same period previous crop year or -2.7% compared to the previous month) while the export volume stood at 13 851.1 tonnes (+15.8% compared to the same period previous crop year or +16.8% compared to the previous month).

Greece

The IOC’s figures for Greece from May of the 2021/2022 crop year put unit value index of exports at 134.8 (+14.7% compared to the same period previous crop year or +0.7% compared to the previous month).

the unit value of extra-EU exports stood at €483 per 100kg (+9.3% compared to the same period previous crop year or -4.1% compared to the previous month) while the export volume stood at 2 580 tonnes (+38% compared to the same period previous crop year or +21.8% compared to the previous month). The volume exported to United States was +122.2% compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €435 per 100kg (+20.7% compared to the same period previous crop year or +2% compared to the previous month) while the export volume stood at 7 912.4 tonnes (-44.9% compared to the same period previous crop year or -1% compared to the previous month).

Portugal

The IOC’s figures for Portugal from May of the 2021/2022 crop year put the unit value index of exports at 110.5 (+13% compared to the same period previous crop year or +7.7% compared to the previous month).

The unit value of extra-EU exports stood at €470 per 100kg (+22.9% compared to the same period previous crop year or +6.2% compared to the previous month) while the export volume stood at 6 960.9 tonnes (+29.5% compared to the same period previous crop year or +28.7% compared to the previous month). The volume exported to Brazil was +46.5% compared to the same period the previous crop year.

The unit value of intra-EU exports stood at €331 per 100kg (+14.8% compared to the same period previous crop year or +1.1% compared to the previous month) while the export volume stood at 11 954.6 tonnes (+20.4% compared to the same period previous crop year or -6.7% compared to the previous month).

1. Extra-EU

In May of the 2021/2022 crop year, the unit value index of the extra-EU in stood at 120.7 (+36.1% compared to the same period previous crop year or +3.1% compared to the previous month).

  • In May, The unit value of exports stood at €449 per 100kg (+23.8% compared to the same period previous crop year or +3.8% compared to the previous month).

  • In May, The volume of exports in stood at 82 790.8 tonnes (+19.7% compared to the same period previous crop year or +10.5% compared to the previous month). Exports mainly went to Australia(+39.9%), Brazil(+42.5%), Canada(+76%), China(+46.8%), Japan(-1.2%), Republic of Korea(+127.4%), Russian Federation(-61.3%), United States(+7.2%), compared to the same period the previous crop year.

Extra virgin olive oil

  • In May, the unit value index of exports stood at 118 (+29.7% compared to the same period previous crop year or +2.2% compared to the previous month).

  • In May,The unit value of exports stood at €464.6 per 100kg (+18.8% compared to the same period previous crop year or +2.2% compared to the previous month).

  • In May, the volume of exports stood at 58 312.5 tonnes (+24.8% compared to the same period previous crop year or +15.9% compared to the previous month).

Virgin olive oil

  • In May, the unit value index of exports stood at 98.5 (+20.3% compared to the same period previous crop year or +0.1% compared to the previous month).

  • In May, the unit value of exports stood at €393.6 per 100kg (-0.7% compared to the same period previous crop year or +0.1% compared to the previous month).

  • In May, the export volume stood at 576 tonnes (-40.9% compared to the same period previous crop year or -14.3% compared to the previous month).

Other olive oils

  • In May, the unit value index of exports stood at 136.1 (+45.7% compared to the same period previous crop year or +6.8% compared to the previous month).

  • In May, the unit value of exports stood at €412.8 per 100kg (+38.1% compared to the same period previous crop year or +6.8% compared to the previous month).

  • In May, the export volume stood at 23 833.1 tonnes (+12% compared to the same period previous crop year or -0.2% compared to the previous month).

Pomace olive oil

  • In May, the unit value index of exports stood at 163.5 (+96.3% compared to the same period previous crop year or +9.9% compared to the previous month).

  • In May, the unit value of exports stood att €287.9 per 100kg (+64.7% compared to the same period previous crop year or +9.9% compared to the previous month).

  • In May, the export volume stood at 8 385.7 tonnes (-12.8% compared to the same period previous crop year or -7.6% compared to the previous month).

1.1 Olive oil

1.1.1 Export unit value (€ / 100 kg)

1.1.2 Export volume (tonnes)

1.1.3 Export value (€ - millions)

1.1.4 Export average price (€ / 100 kg)

1.2 Export unit value index

1.2.1 Export unit value index by product quality

1.2.2 Monthly export unit value index variation rates (%)

1.2.3 Month over month export unit value index variation rates (%)

1.3 Export by product quality

1.3.1 Export unit value (€ / 100 kg)

1.3.2 Export volume (tonnes)

1.4 Olive oil export by country (Extra-EU)

1.4.1 Export unit value (€ / 100 kg)

1.4.2 Export volume (tonnes)

1.5 Extra virgin olive oil export by country (Extra-EU)

1.5.1 Export unit value (€ / 100 kg)

1.5.2 Export volume (tonnes)

1.6 Flows

1.6.1 Extra-EU (2019/2020) (tonnes)

1.6.2 Extra-EU, value (2019/2020) (€ - millions)

1.6.3 Extra-EU, volume (2020/2021) (tonnes)

1.6.4 Extra-EU, value (2020/2021) (€ - millions)

2 Intra-EU

2.1 Olive oil

2.1.1 Export unit value (€ / 100 kg)

2.1.2 Export volume (tonnes)

2.1.3 Export value (€ - millions)

2.1.4 Export average price (€ / 100 kg)

2.2 Flows

2.2.1 Intra-EU (2019/2020) (tonnes)

3. Spain

In May of the 2021/2022 crop year, the unit value index of extra-EU exports stood at 130.8 (+33.1% compared to the same period previous crop year or +3.6% compared to the previous month).

Extra-EU

  • In May, the unit value of exports stood at €416 per 100kg (+31% compared to the same period previous crop year or +4.3% compared to the previous month).

  • In May, the volume of exports stood at 47 598 tonnes (+21.2% compared to the same period previous crop year or +3.5% compared to the previous month). Exports mainly went to Australia(+62%), Brazil(+14.6%), Canada(+131.5%), China(+48.5%), Japan(+0.8%), Republic of Korea(+110.4%), Russian Federation(-68.9%), United kingdom(+33.6%), United States(+5.6%), compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In May, the unit value of exports stood at €346 per 100kg (+19.1% compared to the same period previous crop year or +2.4% compared to the previous month).

  • In May, the volume of exports stood at 62 094.7 tonnes (+16.3% compared to the same period previous crop year or +4.7% compared to the previous month).

Extra virgin olive oil

  • In May, the unit value index of exports stood at 126.3 (+27.6% compared to the same period previous crop year or +2.9% compared to the previous month).

  • In May, the unit value of exports stood at €386.4 per 100kg (+21.1% compared to the same period previous crop year or +3% compared to the previous month).

  • In May, the volume of exports stood at 70 617.1 tonnes (+19.4% compared to the same period previous crop year or +3.3% compared to the previous month).

Virgin olive oil

  • In May, the unit value index of exports stood at 128.8 (+21.4% compared to the same period previous crop year or +2.8% compared to the previous month).

  • In May, the unit value of exports stood at €338.5 per 100kg (+19.4% compared to the same period previous crop year or +2.8% compared to the previous month).

  • In May, the volume of exports stood at 3 593.6 tonnes (-48.3% compared to the same period previous crop year or -33% compared to the previous month).

Other olive oils

  • In May, the unit value index of exports stood at 144.1 (+49.8% compared to the same period previous crop year or +5.1% compared to the previous month).

  • In May, the unit value of exports stood at €369.9 per 100kg (+39.7% compared to the same period previous crop year or +5.1% compared to the previous month).

  • In May, the volume of exports stood at 30 248 tonnes (+28.9% compared to the same period previous crop year or +4.1% compared to the previous month).

Pomace olive oil

  • In May, the unit value index of exports stood at 165.3 (+94.7% compared to the same period previous crop year or +5.2% compared to the previous month).

  • In May, the unit value of exports stood at €253.1 per 100kg (+60.3% compared to the same period previous crop year or +5.2% compared to the previous month).

  • In May, the volume of exports stood at 12 603 tonnes (+9.2% compared to the same period previous crop year or +13.1% compared to the previous month).

3.1 Olive oil

3.1.1 Export unit value (€ / 100 kg)

3.1.2 Export volume (tonnes)

3.1.3 Export value (€ - millions)

3.1.4 Export average price (€ / 100 kg)

3.2 Export unit value index

3.2.1 Export unit value index by product quality

3.2.2 Monthly export unit value index variation rates (%)

3.2.3 Month over month export unit value index variation rates (%)

3.3 Export by product quality

3.3.1 Export unit value (€ / 100 kg)

3.3.2 Export volume (tonnes)

3.4 Olive oil export by country (Extra-EU)

3.4.1 Export unit value (€ / 100 kg)

3.4.2 Export volume (tonnes)

3.5 Extra virgin olive oil export by country (Extra-EU)

3.5.1 Export unit value (€ / 100 kg)

3.5.2 Export volume (tonnes)

3.6 Olive oil export unit value by country (Intra-EU)

3.6.1 Export unit value (€ / 100 kg)

3.6.2 Export volume (tonnes)

3.7 Extra virgin olive oil export by country (Intra-EU)

3.7.1 Export unit value (€ / 100 kg)

3.7.2 Export volume (tonnes)

4. Italy

In May of the 2021/2022 crop year, the unit value index of exports stood at 116.2 (+27.1% compared to the same period previous crop year or -0.5% compared to the previous month).

Extra-EU

  • In May, the unit value of exports stood at €504 per 100kg (+16.3% compared to the same period previous crop year or +0.9% compared to the previous month).

  • In May, the volume of exports stood at 23 772.4 tonnes (+13.1% compared to the same period previous crop year or +19.8% compared to the previous month). Exports mainly went to Australia(-43.4%), Brazil(+99.1%), Canada(+55.9%), China(+37%), Japan(-7.1%), Republic of Korea(+228.8%), Russian Federation(-66.7%), United kingdom(+55.5%), United States(+3.3%), compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In May stood at, the unit value of exports €466 per 100kg (+22.1% compared to the same period previous crop year or -2.7% compared to the previous month).

  • In May, the volume of exports stood at 13 851.1 tonnes (+15.8% compared to the same period previous crop year or +16.8% compared to the previous month).

Extra virgin olive oil

  • In May, the unit value index of exports stood at 114.3 (+25.9% compared to the same period previous crop year or -1.3% compared to the previous month).

  • In May, the unit value of exports stood at €498.7 per 100kg (+16.7% compared to the same period previous crop year or -1.3% compared to the previous month).

  • In May stood at, the volume of exports stood at May stood at 31 027.1 tonnes (+15.3% compared to the same period previous crop year or +20.4% compared to the previous month).

Virgin olive oil

  • In May, the unit value index of exports stood at 100 (+17.4% compared to the same period previous crop year or +20% compared to the previous month).

  • In May, the unit value of exports stood at €472.2 per 100kg (-3.2% compared to the same period previous crop year or +20.1% compared to the previous month).

  • In May stood at, the volume of exports stood at 111.1 tonnes (-59.1% compared to the same period previous crop year or -51.6% compared to the previous month).

Other olive oils

  • In May, the unit value index of exports stood at 129.8 (+30.8% compared to the same period previous crop year or +3.1% compared to the previous month).

  • In May, the unit value of exports stood at €446.6 per 100kg (+28.1% compared to the same period previous crop year or +3.1% compared to the previous month).

  • In May stood at, the volume of exports stood at 6 471 tonnes (+14.3% compared to the same period previous crop year or +13.5% compared to the previous month).

Pomace olive oil

  • In May, the unit value index of exports stood at 173.5 (+75.4% compared to the same period previous crop year or -1.7% compared to the previous month).

  • In May, the unit value of exports stood at €285.1 per 100kg (+68.7% compared to the same period previous crop year or -1.7% compared to the previous month).

  • In May stood at, the volume of exports stood at 3 636 tonnes (-20.7% compared to the same period previous crop year or +4.1% compared to the previous month).

4.1 Olive oil

4.1.1 Export unit value (€ / 100 kg)

4.1.2 Export volume (tonnes)

4.1.3 Export value (€ - millions)

4.1.4 Export average price (€ / 100 kg)

4.2 Export unit value index

4.2.1 Export unit value index by product quality

4.2.2 Monthly export unit value index variation rates (%)

4.2.3 Month over month export unit value index variation rates (%)

4.3 Export by product quality

4.3.1 Export unit value (€ / 100 kg)

4.3.2 Export volume (tonnes)

4.4 Olive oil export by country (Extra-EU)

4.4.1 Export unit value (€ / 100 kg)

4.4.2 Export volume (tonnes)

4.5 Extra virgin olive oil export by country (Extra-EU)

4.5.1 Export unit value (€ / 100 kg)

4.5.2 Export volume (tonnes)

4.6 Olive oil export unit value by country (Intra-EU)

4.6.1 Export unit value (€ / 100 kg)

4.6.2 Export volume (tonnes)

4.7 Extra virgin olive oil export by country (Intra-EU)

4.7.1 Export unit value (€ / 100 kg)

4.7.2 Export volume (tonnes)

5. Greece

In May of the 2021/2022 crop year, the unit value index of exports stood at 134.8 (+14.7% compared to the same period previous crop year or +0.7% compared to the previous month).

Extra-EU

  • In May, yhe unit value of exports stood at €483 per 100kg (+9.3% compared to the same period previous crop year or -4.1% compared to the previous month).

  • In May, the volume of exports stood at 2 580 tonnes (+38% compared to the same period previous crop year or +21.8% compared to the previous month). The volume exported to United States was +122.2% compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In May, the unit value of exports stood at €435 per 100kg (+20.7% compared to the same period previous crop year or +2% compared to the previous month).

  • In May, the volume of exports stood at 7 912.4 tonnes (-44.9% compared to the same period previous crop year or -1% compared to the previous month).

Extra virgin olive oil

  • In May, the unit value index of exports stood at 139.3 (+21.4% compared to the same period previous crop year or +1.7% compared to the previous month).

  • In May, the unit value of exports stood at €462.6 per 100kg (+18.6% compared to the same period previous crop year or +1.7% compared to the previous month).

  • In May, the volume of exports stood at 9 114.7 tonnes (-26.2% compared to the same period previous crop year or +8.7% compared to the previous month).

Virgin olive oil

  • In May, the unit value index of exports stood at 135.9 (+7.1% compared to the same period previous crop year or -6.7% compared to the previous month).

  • In May, the unit value of exports stood at €379.5 per 100kg (+8.1% compared to the same period previous crop year or -6.7% compared to the previous month).

  • In May, the volume of exports stood at 333.7 tonnes (-5.1% compared to the same period previous crop year or -17.6% compared to the previous month).

Other olive oils

  • In May, the unit value index of exports stood at 120.2 (-13.3% compared to the same period previous crop year or -6.2% compared to the previous month).

  • In May, the unit value of exports stood at €350 per 100kg (+1.7% compared to the same period previous crop year or -6.2% compared to the previous month).

  • In May, the volume of exports stood at 832.8 tonnes (-32.6% compared to the same period previous crop year or -33% compared to the previous month).

Pomace olive oil

  • In May, the unit value index of exports stood at 203.7 (+14.9% compared to the same period previous crop year or -10% compared to the previous month).

  • In May, the unit value of exports stood at €208.4 per 100kg (+33.1% compared to the same period previous crop year or -10% compared to the previous month).

  • In May, the volume of exports stood at 2 288.6 tonnes (+50.1% compared to the same period previous crop year or -28.9% compared to the previous month).

5.1 Olive oil

5.1.1 Export unit value (€ / 100 kg)

5.1.2 Export volume (tonnes)

5.1.3 Export value (€ - millions)

5.1.4 Export average price (€ / 100 kg)

5.2 Export unit value index

5.2.1 Export unit value index by product quality

5.2.2 Monthly export unit value index variation rates (%)

5.2.3 Month over month export unit value index variation rates (%)

5.3 Export by product quality

5.3.1 Export unit value (€ / 100 kg)

5.3.2 Export volume (tonnes)

5.4 Olive oil export by country (Extra-EU)

5.4.1 Export unit value (€ / 100 kg)

5.4.2 Export volume (tonnes)

5.5 Extra virgin olive oil export by country (Extra-EU)

5.5.1 Export unit value (€ / 100 kg)

5.5.2 Export volume (tonnes)

5.6 Olive oil export unit value by country (Intra-EU)

5.6.1 Export unit value (€ / 100 kg)

5.6.2 Export volume (tonnes)

5.7 Extra virgin olive oil export by country (Intra-EU)

5.7.1 Export unit value (€ / 100 kg)

5.7.2 Export volume (tonnes)

6. Portugal

In May of the 2021/2022 crop year, The unit value index of exports stood at 110.5 (+13% compared to the same period previous crop year or +7.7% compared to the previous month).

Extra-EU

  • In May, the unit value of exports stood at €470 per 100kg (+22.9% compared to the same period previous crop year or +6.2% compared to the previous month).

  • In May, The volume of exports stood at 6 960.9 tonnes (+29.5% compared to the same period previous crop year or +28.7% compared to the previous month). The volume exported to Brazil was +46.5% compared to the same period the previous crop year.

  • Extra virgin olive oil:

Intra-EU

  • In May, the unit value of exports stood at €331 per 100kg (+14.8% compared to the same period previous crop year or +1.1% compared to the previous month).

  • In May, the volume of exports stood at 11 954.6 tonnes (+20.4% compared to the same period previous crop year or -6.7% compared to the previous month).

Extra virgin olive oil

  • In May, the unit value index of exports stood at 106.9 (+7.7% compared to the same period previous crop year or +7% compared to the previous month).

  • In May, the unit value of exports stood at €391.1 per 100kg (+11.2% compared to the same period previous crop year or +6.9% compared to the previous month).

  • In May, the volume of exports stood at 13 428.4 tonnes (+26.3% compared to the same period previous crop year or -1.7% compared to the previous month).

Virgin olive oil

  • In May, the unit value index of exports stood at 106.9 (-8.6% compared to the same period previous crop year or -0.2% compared to the previous month).

  • In May, the unit value of exports stood at €352.2 per 100kg (+11.5% compared to the same period previous crop year or -0.2% compared to the previous month).

  • In May, the volume of exports stood at 204.6 tonnes (-31.8% compared to the same period previous crop year or +42.6% compared to the previous month).

Other olive oils

  • In May, the unit value index of exports stood at 109.2 (+11.4% compared to the same period previous crop year or +7.2% compared to the previous month).

  • In May, the unit value of exports stood at €385.7 per 100kg (+13.7% compared to the same period previous crop year or +7.1% compared to the previous month).

  • In May, the volume of exports stood at 3 183.6 tonnes (+113.1% compared to the same period previous crop year or -1% compared to the previous month).

Pomace olive oil

  • In May, the unit value index of exports stood at 159.4 (+35% compared to the same period previous crop year or -7.2% compared to the previous month).

  • In May, the unit value of exports stood at €180.5 per 100kg (+49.5% compared to the same period previous crop year or -7.2% compared to the previous month).

  • In May, the volume of exports stood at 3 554.2 tonnes (+156% compared to the same period previous crop year or +40.1% compared to the previous month).

6.1 Olive oil

6.1.1 Export unit value (€ / 100 kg)

6.1.2 Export volume (tonnes)

6.1.3 Export value (€ - millions)

6.1.4 Export average price (€ / 100 kg)

6.2 export unit value index

6.2.1 Export unit value index by product quality

6.2.2 Monthly export unit value index variation rates (%)

6.2.3 Month over month export unit value index variation rates (%)

6.3 Export by product quality

6.3.1 Export unit value (€ / 100 kg)

6.3.2 Export volume (tonnes)

6.4 Olive oil export by country (Extra-EU)

6.4.1 Export unit value (€ / 100 kg)

6.4.2 Export volume (tonnes)

6.5 Extra virgin olive oil export by country (Extra-EU)

6.5.1 Export unit value (€ / 100 kg)

6.5.2 Export volume (tonnes)

6.6 Olive oil export unit value by country (Intra-EU)

6.6.1 Export unit value (€ / 100 kg)

6.6.2 Export volume (tonnes)

6.7 Extra virgin olive oil export by country (Intra-EU)

6.7.1 Export unit value (€ / 100 kg)

6.7.2 Export volume (tonnes)

Contact: International Olive Council - Economic and Promotion Unit - Economic Research and Statistics Department https://www.internationaloliveoil.org/

Some of the data are subject to review. Figures are subject to change or correction without notice.

Last update: 2022-Aug-19

IOC own elaboration based on data from the European Commission; EUROSTAT; the Ministry for Agriculture, Fisheries and Food of Spain; ISMEA (Italy); and information provided by member countries.

In order to make the historical data comparable the figures have been calculated for the EU-27. The United Kingdom is no longer a Member State of the European Union, however until the end of the transition period, 31 January 2020, it is still part of the EU Customs Union.

United kingdom data for January and February of 2021 were not available.

Some of the data are subject to review. Estimates are subject to change or correction without notice.

Olive crop year means the period from 1 October of year t to 30 September of year t+1 for olive oil.

Trade value in FOB type (free on board).

Export unit value in € / 100 kg.

Export value in € (1 million = 106; 1 billion = 109).

Export volume in tonnes, 1t=1000kg=1Mg.

The unit value index of exports is based on Paasche’ Chain Index method. The data are not seasonally adjusted. The unit value is calculated as (trade value)/quantity.

Harmonized System Codes: Olive oil = 15091010+15091020+15091080+15099000.

15091010 Virgin lampante; 15091020 Extra virgin olive oil; 15091080 Virgin olive oil; 15099000 Other olive oils; 15100010 Crude olive-pomace oil; 15100090 Refined olive-pomace oil;

From January 2022:

Harmonized System Codes: Olive oil = 15094000+15092000+15093000+15099000.

15092000 Extra virgin olive oil (EU cat. 1) (15091020->15092000) 15093000 Virgin olive oil (EU cat. 2) (15091080->15093000) 15094000 Virgin lampante olive oil (EU cat. 3) (15091010->15094000) 15099000 Other olive oil (EU cat. 4 and 5) (15099000) 15101000 Crude olive pomace oil (EU cat. 6) (15100010->15101000) 15109000 Refined olive pomace oil (EU cat. 7 and 8) (15100090->15109000)