IMPORT FIGURES OF OLIVE OIL IN THE EXTRA-EU(27)

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In December of the 2023/2024 crop year, the unit value index of extra-EU imports decreased by +9.9% compared to the previous month. The unit value of extra-EU imports stood at €708 per 100kg (+17.6%).

Also in December, the imports of the European Union from Tunisia reached 13 916.6 tonnes (+224.5%, compared to the previous month).

As for first estimates of the 2022/2023 crop year, extra-EU imports of olive oil reached 176 048 tonnes for an estimated value of €827.3 million (+16.2% and +72.2% , respectively, compared to the previous crop year).

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
2022/2023
2023/2024
Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value
Spain 99 794 324.6 84 133 208.2 151 997 274.9 100 652 207.8 85 626 244.4 97 808 422.6 22 438 135.6
Italy 64 294 214.5 48 490 118.2 81 869 157.1 51 159 126.6 51 469 172.5 64 550 326.8 15 731 112.6
France 9 000 37.3 7 514 26.9 9 192 31.0 8 303 29.2 8 183 32.6 6 848 36.2 3 723 27.6
Portugal 3 998 13.5 699 1.8 2 273 4.5 436 1.2 1 0.0 2 319 15.4 2 192 14.5
Belgium 1 601 6.9 1 838 7.1 1 765 6.5 2 750 10.4 1 955 8.2 1 903 11.1 349 2.8
Netherlands 968 5.7 1 258 8.1 1 594 9.2 1 470 8.7 1 205 8.6 533 2.6 84 0.5
Others 2 514 10.3 2 975 10.2 3 866 10.9 2 869 9.6 3 121 14.0 2 088 12.6 513 4.0
Total 182 169 612.9 146 907 380.7 252 556 494.0 167 639 393.4 151 560 480.3 176 048 827.3 45 030 297.7
* Extra EU imports by importing country and crop year. Volume in tonnes. Value in millions. 2023/2024 from October to December

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

2017/2018
2018/2019
2019/2020
2020/2021
2021/2022
2022/2023
2023/2024
Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value
Tunisia 122 663 419.2 106 629 272.8 219 727 418.9 140 758 319.4 123 096 386.6 110 687 529.3 24 166 172.7
Türkiye 15 059 50.9 5 525 12.9 7 696 15.3 4 140 10.2 4 186 13.2 27 951 124.5 5 803 30.2
Argentina 10 854 34.7 5 082 11.9 7 457 15.3 7 321 19.0 5 997 18.5 6 521 33.2 4 188 28.1
Morocco 6 311 19.1 16 509 38.0 6 125 13.9 5 665 16.0 9 909 30.0 5 715 24.1 1 056 7.6
Peru 87 0.2 918 2.4 3 181 5.7 1 646 2.9 632 1.8 2 768 10.6 751 4.5
Syria 20 264 61.2 8 089 24.0 2 978 5.1 3 732 7.7 2 618 5.8 8 202 34.3 4 205 23.2
United Kingdom 2 478 9.7 2 334 7.8 2 351 7.2 1 249 4.9 1 873 8.2 941 6.2 296 2.4
Chile 903 3.2 174 0.5 865 2.2 1 052 2.6 1 118 3.9 3 411 20.9 1 901 13.1
Palestinian Territories 367 3.3 634 6.2 580 5.7 562 5.4 457 5.3 92 1.1 16 0.2
Egypt 1 645 5.3 138 0.2 538 1.0 209 0.5 219 0.5 1 820 8.6 1 579 9.5
Uruguay 0 0.0 1 0.0 401 0.9 238 0.5 293 0.9 220 0.8 0 0.0
Others 1 537 6.1 874 3.8 657 2.7 1 067 4.3 1 161 5.6 7 721 33.9 1 070 6.2
Total 182 169 612.9 146 907 380.7 252 556 494.0 167 639 393.4 151 560 480.3 176 048 827.3 45 030 297.7
* Extra EU imports by partner and crop year. Volume in tonnes.Value in millions. 2023/2024 from October to December

In terms of volumes by product category in the 2022/2023 crop year, 68% of total imports were under code 15091020 (extra virgin olive oil), followed by imports under code 15091010 (Virgin lampante) with 19.9%, 15099000 (Other olive oils) with 6.7%, and the remaining 5.3% under 15091080 (Virgin olive oil).

In December of the 2023/2024 crop year, the unit value index of extra-EU imports stood at 282 (+48.3% compared to the same period previous crop year or +9.9% compared to the previous month).

Also in December of the 2023/2024 crop year, the unit value of extra-EU imports stood at €708 per 100kg (+56% compared to the same period previous crop year or +17.6% compared to the previous month) while the import volume stood at 17 614.8 tonnes (-39.4% compared to the same period previous crop year or +17.5% compared to the previous month).

In December, extra-EU imports mainly came from Tunisia(-47.1%), Türkiye(-61.1%), Argentina(+181.2%), Morocco(+223%), Peru(-37.7%), Syrian Arab Republic(+2131.5%), compared to the same period the previous crop year.

Tunisia is the main partner of the European Union with a share of 79%, the import volume from this country stood at 13 916.6 tonnes (-47.1% compared to the same period previous crop year or +224.5% compared to the previous month). The table below shows imports by month and partner country of the European Union (tonnes).

The unit value of extra-EU imports from Tunisia stood at €731 per 100kg (+59.2% compared to the same period previous crop year or +9.4% compared to the previous month), while the unit value of total imports from outside the European Union was €707.6, (€23.7).


1. Extra-EU

In December of the 2023/2024 crop year, the unit value index of the extra-EU in stood at 282 (+48.3% compared to the same period previous crop year or +9.9% compared to the previous month).

  • In December, The unit value of imports stood at €708 per 100kg (+56% compared to the same period previous crop year or +17.6% compared to the previous month).

  • In December, The volume of imports in stood at 17 614.8 tonnes (-39.4% compared to the same period previous crop year or +17.5% compared to the previous month). Imports mainly came from Tunisia(-47.1%), Türkiye(-61.1%), Argentina(+181.2%), Morocco(+223%), Peru(-37.7%), Syrian Arab Republic(+2131.5%), compared to the same period the previous crop year.

Extra virgin olive oil

  • In December, the unit value index of imports stood at 286.9 (+43.3% compared to the same period previous crop year or +15.9% compared to the previous month).

  • In December,The unit value of imports stood at €722.8 per 100kg (+52.8% compared to the same period previous crop year or +15.9% compared to the previous month).

  • In December, the volume of imports stood at 15 181.2 tonnes (-37.3% compared to the same period previous crop year or +78.5% compared to the previous month).

Virgin olive oil

  • In December, the unit value index of imports stood at 262.1 (+43.2% compared to the same period previous crop year or -4.4% compared to the previous month).

  • In December, the unit value of imports stood at €584.8 per 100kg (+40.6% compared to the same period previous crop year or -4.4% compared to the previous month).

  • In December, the import volume stood at 721.1 tonnes (+21.7% compared to the same period previous crop year or -7.1% compared to the previous month).

Other olive oils

  • In December, the unit value index of imports stood at 294.2 (+129.5% compared to the same period previous crop year or +3.5% compared to the previous month).

  • In December, the unit value of imports stood at €656.8 per 100kg (+66.7% compared to the same period previous crop year or +3.5% compared to the previous month).

  • In December, the import volume stood at 391.6 tonnes (-56.1% compared to the same period previous crop year or -55% compared to the previous month).

Pomace olive oil

  • In December, the unit value index of imports stood at 193.5 (-70.8% compared to the same period previous crop year or +6.4% compared to the previous month).

  • In December, the unit value of imports stood att €178.8 per 100kg (-70% compared to the same period previous crop year or +6.4% compared to the previous month).

  • In December, the import volume stood at 5 145.3 tonnes (+74469.6% compared to the same period previous crop year or +917.7% compared to the previous month).

1.1 Olive oil

1.1.1 Import unit value (€ / 100 kg)

1.1.2 Import volume (tonnes)

1.1.3 Import value (€ - millions)

1.2 Import unit value index

1.2.1 Import unit value index by product quality

1.2.2 Monthly import unit value index variation rates (%)

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

1.3 Import by product quality

1.3.1 Import unit value (€ / 100 kg)

1.3.2 Import volume (tonnes)

1.4 Olive oil import by country (Extra-EU)

1.4.1 Import volume (tonnes)

1.5 Flows

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

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

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

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

1.5.5 Extra-EU, volume (2021/2022) (tonnes)

1.5.6 Extra-EU, value (2021/2022) (€ - millions)

1.5.7 Extra-EU, volume (2022/2023) (tonnes)

1.5.8 Extra-EU, value (2022/2023) (€ - millions)


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.

Latest update: Fri Feb 23 14:08:47 2024


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.

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 CIF type.

Import unit value in € / 100 kg.

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

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

The unit value index of import 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)