International Olive Council. International Olive Council
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1 Advisory Committee on Olive Oil and Table Olives 29 June 29 1
2 115 CHANGES IN WORLD CROP AREA (thousand hectares) Bearing Non-bearing Irrigated Dry-farmed % change between years = 2% 11,52 9,137,867 1,21,39 2,34,554 8,34, % 11% 2% 8% 9,75 9,847 9,95 9,953 1,492 1,314 1, , ,111 8,263 8,32 7,787 7, (est.) 27 (est ) 211 (est ) World crop area by country (ha) (ha) Middle East 17% America 2% Asia % Other coun. % Europe 53% Africa 27% Europe non. 1% ** FAO estimation 2
3 Producer countries 26 CHANGES IN WORLD OLIVE CROP AREA (ha) Mean % estimate year-on-year Increase 211 increase ha/year , Other non , producer countries Africa , Middle East , America , Asia/Oceania , Others ,19 17 WORLD TOTAL OLIVE OIL PRODUCTION 1, t 35 Average 1/2-4/5: 2, Average 5/6-8/9: 2, /2 2/3 3/4 4/5 5/6 6/7 7/8 (prov.) 8/9 (est) 77% Others Jordan 1% Algeria 1% Morocco 3% Syria 7 Others Jordan 1% Algeria 1% Morocco 3% Syria Turkey 3% Tunisia 6% Argentina 1% Turkey 6% Tunisia 6% Argentina 1% 3
4 OLIVE OIL PRODUCTION AND CONSUMPTION WORLD TREND 199/91 28/9 35 1, tm % change between crop years Production: 5.3% Consumption: 3.2% 5 199/ / / / / / / / /9 1999/ 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/8 (prov.) 28/ 9 Product ion Consumpt ion , t Average 1/2-4/5: 2, OLIVE OIL CONSUMPTION Average 5/6-8/9: 2, /2 2/3 3/4 4/5 5/6 6/7 7/8 8/9 Syria 3% Morocco 2% Turkey 3% Algeria 1% Tunisia 2% Japan 1% Australia 1% Brazil 1% Canada 1% USA 9% Others 7% 69% Syria: 3% USA: 9% Morocco: 2% Turkey: 3% Algeria: 1% Tunisia: 1% Japan: 1% Australia:2% Brazil: 1% Canada: 1% Others: 7% 69% 4
5 USA 39% Japan Australia 6% Brazil 6% WORLD TRADE IN OLIVE OIL Canada World imports Total 633, t (prov.) Others 12% 27/ 8 27% Turkey 3% Syria Others Tunisia 21% Argentina 3% Morocco 3% 61% World exports Total 566,5 t (prov.) 28 / 9 USA 38% 28% Turkey 9% Tunisia Argentina Morocco 19% 3% 3% Japan Australia Brazil Canada Others 1 World imports Total 668,5 t Syria Others 6% World exports Total 635, t 5 1 tm 1 OLIVE OIL WORLD IMPORTS 199/91 28/ / / / / / / / / /9 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 (prov.) 28/9 World imports EC USA+Canada Australia+Japan Brazil+India+China+Russia
6 1 tm 1, OLIVE OIL WORLD IMPORTS 199/91 28/9 9, 8, 7, 6, 5, 4, 3, 2, 1,, 199/ / / / / / / / /9 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 (prov.) 28/9 World imports 31, 346,5 323, 378, 436,5 288,5 437,5 423, 551, 479, 517, 437, 492,5 663, 634, 639, 74,5 633, 668,5 EC+USA+CANADA 225,5 233, 222,5 276,5 315,5 192,5 35, 279,5 399, 314,5 352,5 259,5 31, 483,5 439, 451, 56,5 446, 469,5 Australia+Japan 17,5 17, 22, 22,5 27,5 32,5 47,5 51,5 52, 52, 59, 58, 62, 63, 6,5 59, 72, 56, 64, Brasil+India+China+Russia 18,5 2, 22, 2,5 29, 2, 26, 31, 25,8 28,8 29,8 27,8 28,4 33,3 4, 41,3 52,4 64,4 73,8 OLIVE OIL consumption per head Syria Tunisia EC (kg per head) Jordan Israel Australia Morocco = 26/7 26 = 25/6 25 = 24/5 24 = 23/4 Libya Switzerland Lebanon Turkey Croatia Canada USA Argelia Chile Sources: World Population: Oil World Annual Consumption: 6
7 OLIVE OIL consumption per head Gr eece It aly Spain Chyprus Port ugal Luxembour 1,9 1, 7 2, 9,5 8,7 7,9 8,2 7,2 6,8 7, ,4 12,4 14,4 14, 3 13,4 12, 1 1, 9 14, 1 14,3 24,2 23,8 25,5 24,4 27 = 26/7 26 = 25/6 25 = 24/5 24 = 23/4 (kg per head) Ireland Fr ance Net herlands Austria 1,7 1,8,6,5,6 1, 7 1, 1, 6 1,5 1,,9,8,7,9,8,9,7 Ut d. Kingdom,8,8 1, 1,2 Slovenia,8,8,6 1, Sweden Denmark,8,5,5,4,6,4,5,6 Belgium,6 1, 1 1, 2 1,1 Ger many,6,6,5,6 Sources: World Population: Oil World Annual Consumption: 1, t 3 OLIVE OIL IMPORTS * 199/91 28/ USA / / / / / / / / /9 1999/ 2/1 21/2 22/ 3 23/4 24/ 5 25/ 6 26/7 27/ 8 28/ 9 35, Monthly imports 26/7, 27/8 and 28/9 crop year 3, 26/7 27/8 28/9 25, 2, 15, 1, 5, October November December January February March April May June July August September * Including olive pomace oils 7
8 OLIVE OIL IMPORTS * 1, t /91 28/ CANADA / / / / / / / / / / 2/ 1 21/2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/ 8 28/ 9 Monthly imports 26/7, 27/8 and 28/9 crop year 35 26/7 27/8 28/ October November December January February M arch April M ay June July August September * Including olive pomace oils 1, t 25 Extra-EU OLIVE OIL IMPORTS Extra-EU / /9 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 4, 35, 27/8 28/9 3, 25, 2, 15, 1, 5, October November December January February March April May June July August September 8
9 45 1, t 4 199/91 28/9 OLIVE OIL IMPORTS * 35 3 AUSTRALIA / / / / / / / / /9 1999/ 2/ 1 21/2 22/ 3 23/ 4 24/5 25/ 6 26/ 7 27/8 28/9 Monthly imports 26/7, 27/8 and 28/9 crop year 5 26/7 27/8 28/ Octo ber November December January February M arch April M ay June July August September * Including olive pomace oils 1, t /91 28/9 OLIVE OIL IMPORTS * 3 25 JAPAN , 199/ / / / / / / / / / 2/ 1 21/2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/ 8 28/ 9 Monthly imports 26/7, 27/8 and 28/9 crop year 4,5 26/7 27/8 28/9 4, 3,5 3, 2,5 2, 1,5 1, 5 October November December January February March April May June July August September * Including olive pomace oils 9
10 BRAZIL 199/91 28/9 OLIVE OIL IMPORTS * 1, t / / / / / / / / / / 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/7 27/8 28/9 8, Monthly imports 26/7, 27/8 and 28/9 crop year 7, 26/7 27/8 28/9 6, 5, 4, 3, 2, 1, October November December January February March April May June July August September * Including olive pomace oils OLIVE OIL IMPORTS * Tm INDIA CHINA / / / 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 1997/ / / 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/ SOUTH KOREA RUSSIA / / 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 1997/ / / 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 1
11 Olive oil consumption in past IOC promotion target markets (thousand ) 3 Australia Canada USA Japan year average prior to start of campaign Yearly average since start of promotion Source: 27/8 PRODUCTION AND CONSUMPTION - EU EU PRODUCER PRICES * 199/91-27/8 1. t /1kg 3 25 Production EU Consumption EU Average EU producer prices Average EU producer prices $ World Exports / / / / / / / / / 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 Crop year average for 3 markets (Greece, Italy and Spain) 11
12 MOVEMENTS IN PRODUCER PRICES Extra virgin olive oil Average prices by crop year /1 kg World resources Bari (Italy) Herakl. Greece Jaén (Spain) , t / 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/ 8 28/ 9(est.) Average prices 8 months 12
13 US $/ 47 PRODUCER PRICES FOR SEED OILS IN COMPARISON WITH VIRGIN OLIVE OIL Virgin Olive Oil (Spain) Corn Oil (Fob Gulf) 22 Cotton Oil (Fob Gulf) 17 Groundnuts Oil (Cif Rott.) October 5 October 6 Source: Oil World Annual N-6 D-6 J-7 F-7 M-7 A-7 M-7 J-7 J-7 A-7 S-7 Palm oil crude (Cif N.W. Eur.) Soybean oil (US. Fob. Gulf) October 7 N-7 D-7 J-8 F-8 M-8 Rape oil (Fob. Hamburg)) Sun Oil (Fob Rape Oil (Fob Hamburg) Argentina) A-8 M-8 J-8 J-8 A-8 S-8 October 8 N-8 D8 J-9 F-9 M-9 A-9 M-9 13
14 TABLE OLIVE PRODUCTION 1, t 25 Average 1/2-4/5: 1,675 Average 5/6-8/9: 2, /2 2/3 3/4 4/5 5/6 6/7 7/8(prov.) 8/9 USA Argentina Syria Morocco Egypt 2% Turkey 9% Morocco USA 2% Argentina Syria Egypt 2% Turkey 12% Algeria 3 Others 13% Algeria 3 Others 13% 14
15 TABLE OLIVE PRODUCTION AND CONSUMPTION WORLD TREND 199/91 28/9 35 1, tm 3 25 % change between crop years Production: 4.7% Consumption: 4.8% /1 1991/2 1992/3 1993/4 1994/5 1995/6 1996/7 1997/8 1998/9 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 (prov.) 28/9 Production Consumpt ion , t 25 Average 1/2-4/5: 1,653 TABLE OLIVE CONSUMPTION Average 5/6-8/9: 2, /2 2/3 3/4 4/5 5/6 6/7 7/8(prov.) 8/9 Morocco Russia Brazil Jordan Iran Other prod. Israel 2% 3% Algeria Coun.: 8% 1% 1% 2% Syria Other imp. Only coun.: 3% Jordan Other prod. Israël Iran Morocco Russia Brazil 1% Coun.: 8% 1% 2% 2% 3% Algeria Other imp. Only coun.: 3% Syria 29% Peru USA 3% 11% Turkey 9% Egypt 16% 31% Peru USA 3% 11% Turkey 9% Egypt 1 15
16 Russia 1 WORLD TRADE IN TABLE OLIVES 27 / 8 Brazil 19% 1 Others Others % Canada Russia 16% Australia 3% Brazil 13% Saudi Arabia World imports Total 536, t (prov.) 18% USA 2 28 / 9 Others 12% Morocco 11% Others 23% Turkey 7% Argentina 1 World exports Total 612,5 t (prov.) 42% Syria Canada Australia 3% Saudi Arabia USA 28% World imports Total 565, t Morocco 11% Turkey 1% Argentina 11% World exports Total 628,5 t Syria 3% 1, tm 1 TABLE OLIVE IMPORTS AND EXPORTS WORLD TREND 199/91 28/ / / / / / / / / /9 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 (prov.) 28/9 IM PORTS EXPORTS
17 TABLE OLIVE IMPORTS WORLD TREND 199/91 28/9 1, tm / / / / / / / / /9 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 (prov.) 28/9 IM PORTS EC USA+CANADA BRAZIL RUSSIA TABLE OLIVE IMPORTS 199/91 28/9 1, t USA / / / / / / / / / / 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/8 28/ 9 25, Monthly imports 26/7, 27/8 and 28/9 crop year 26/7 27/8 28/9 2, 15, 1, 5, October November December January February March April May June July August September 17
18 1997/ / / 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/ 8 28/ 9 TABLE OLIVE IMPORTS 199/91 28/9 1, t CANADA / / / / / / / / / / 2/ 1 21/2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/ 8 28/ 9 Monthly imports 26/7, 27/8 and 28/9 crop year 35 26/7 27/8 28/ October November December January February M arch April M ay June July August September 1, t (EXTRA- EU) 199/91 28/9 TABLE OLIVE IMPORTS , Monthly Imports 26/7, 27/8 and 28/9 crop year 27/8 28/9 2, 15, 1, 5, October November December January February March April May June July August September 18
19 1, t BRAZIL TABLE OLIVE IMPORTS 199/91 28/ / / / / / / / / / / 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/7 27/8 28/9 Monthly imports 26/7, 27/8 and 28/9 crop year 1, 9, 26/7 27/8 28/9 8, 7, 6, 5, 4, 3, 2, 1, October November December January February March April May June July August September TABLE OLIVE IMPORTS 1, t RUSSIA 199/91 28/ , 199/ / / / / / / / / / 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/ 8 28/ 9 Monthly Imports 26/7, 27/8 and 28/9 crop year 26/7 27/8 28/9 2, 15, 1, 5, October November December January February March April May June July August September Sources: Global Trade International; United Nations Commodity Trade Statistics Database 19
20 25 1, t 199/91 28/9 TABLE OLIVE IMPORTS 2 AUSTRALIA / / / / / / / / /9 1999/ 2/ 1 21/2 22/ 3 23/ 4 24/5 25/ 6 26/ 7 27/8 28/9 Monthly imports 26/7, 27/8 and 28/9 crop year 26/7 27/8 28/ Octo ber November December January February M arch April M ay June July August September 2
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Madrid, 12 June 2015 12.000 CHANGES IN WORLD OLIVE CROP AREA (ha) 11.500 11.000 Irrigated 2006 Dryfarmed Dryfarmed 20% 80% Irrigated 2014 22% 78% 10.756 10.664 11.112 11.009 11.205 11.382 10.500 10.000
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