Advisory Committee on Olive Oil and Table Olives 29 June 29 1
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 8,34,352 1 5 89% 11% 2% 8% 9,75 9,847 9,95 9,953 1,492 1,314 1,179 95 8,52 85 8,111 8,263 8,32 7,787 7,895 75 1981 1982 1983 1984 1985 1986 21 22 23 24 25 26(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
Producer countries 26 CHANGES IN WORLD OLIVE CROP AREA 26-211 (ha) Mean % estimate year-on-year Increase 211 increase ha/year 5.4222.242 5.656.3,72 39.1 Other non- 8.7 83.,48 383 producer countries Africa 2.815.182 3.94.46 1,65 46.546 Middle East 1.793.852 1.992. 1,88 33.25 America 164.28 184.9 2,9 3.437 Asia/Oceania 29.25 31.87 1,49 437 Others 8.9 9.,19 17 WORLD TOTAL 1.314.46 11.51.53 1.19 122.854 OLIVE OIL PRODUCTION 1, t 35 Average 1/2-4/5: 2,877 3174. 313. 3 2825.5 2495.5 25 Average 5/6-8/9: 2,71 2866.5 2767. 2633. 2572.5 2 15 1 5 1/2 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
OLIVE OIL PRODUCTION AND CONSUMPTION WORLD TREND 199/91 28/9 35 1, tm 3 25 2 15 1 % change between crop years Production: 5.3% Consumption: 3.2% 5 199/91 1991/ 92 1992/93 1993/ 94 1994/ 95 1995/ 96 1996/ 97 1997/98 1998/9 1999/ 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/8 (prov.) 28/ 9 Product ion 1453 226 1812 1825 1846 1736 2595 2466 243 2375 2566 2826 2496 3174 313 2573 2767 2633 2867 Consumpt ion 1667 1857 194 1985 1995 1889 2242 2382 2413 2443 2591 267 2678 2883 2924 2691 2799 2778 2876 1, t Average 1/2-4/5: 2,773 35 OLIVE OIL CONSUMPTION Average 5/6-8/9: 2,786 3 266.5 2677.5 2882.5 2923.5 269.5 2798.5 2778. 2875.5 25 2 15 1 5 1/2 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
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 9 8 7 6 5 4 3 2 1 199/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/9 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 12 5.5 13 5.5 1 1 153 179 73.5 14 5.5 118 2 2 5.5 116.5 12 7 4 2.5 9 3.5 2 3 1.5 18 6 18 9 2 2 4 16 9 18 8 USA+Canada 1 97.5 121.5 123.5 136.5 119 159.5 161.5 173.5 198 225.5 217 216.5 252 253 262 282.5 277 281.5 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 Brazil+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 5
1 tm 1, OLIVE OIL WORLD IMPORTS 199/91 28/9 9, 8, 7, 6, 5, 4, 3, 2, 1,, 199/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/9 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 4.1 5.5 7.2 8.2 Tunisia EC 3.7 4.4 4.4 3.9 3.9 4.2 4.2 5.6 (kg per head) Jordan Israel Australia Morocco 1.3 1.7 1.6 1.7 1.8 2.5 2.4 24 2.4 2.1 2.3 2.1 2.3 3.6 3.3 4.5 4.5 27 = 26/7 26 = 25/6 25 = 24/5 24 = 23/4 Libya 1.5 1.8 2. 2.6 Switzerland Lebanon Turkey Croatia Canada USA Argelia 1.6 1.5 1.5 1.5 1.2 1.4 1.3 1.3 1.1.7 8.8.6 1.1 1.1 1..9 1..9 1..8.7.8.7.7.7 1.1 1.2 1.9 Chile.3.2.2.2 Sources: World Population: Oil World Annual Consumption: 6
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, 1 64 6,4 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 28/9 25 2 USA 15 1 5 199/91 1991/92 1992/ 93 1993/ 94 1994/95 1995/ 96 1996/97 1997/98 1998/9 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
OLIVE OIL IMPORTS * 1, t 35 199/91 28/9 3 25 2 CANADA 15 1 5 4 199/ 91 1991/ 92 1992/ 93 1993/ 94 1994/ 95 1995/96 1996/ 97 1997/98 1998/ 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 35 26/7 27/8 28/9 3 25 2 15 1 5 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 2 15 1 5 1997/98 1998/9 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
45 1, t 4 199/91 28/9 OLIVE OIL IMPORTS * 35 3 AUSTRALIA 25 2 15 1 5 6 199/91 1991/92 1992/ 93 1993/94 1994/95 1995/ 96 1996/97 1997/98 1998/9 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 28/9 4 3 2 1 Octo ber November December January February M arch April M ay June July August September * Including olive pomace oils 1, t 35 199/91 28/9 OLIVE OIL IMPORTS * 3 25 JAPAN 2 15 1 5 5, 199/ 91 1991/ 92 1992/ 93 1993/ 94 1994/ 95 1995/ 96 1996/97 1997/ 98 1998/ 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 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
5 45 4 35 BRAZIL 199/91 28/9 OLIVE OIL IMPORTS * 1, t 3 25 2 15 1 5 199/ 91 1991/ 92 1992/93 1993/ 94 1994/ 95 1995/ 96 1996/ 97 1997/98 1998/ 9 1999/ 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 5 45 4 INDIA 14 12 CHINA 35 1 3 25 8 2 6 15 4 1 5 2 1997/98 1998/99 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 1997/98 1998/99 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 3 2 25 18 2 SOUTH KOREA 16 14 RUSSIA 12 15 1 8 1 6 5 4 2 1998/99 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 1997/98 1998/99 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 1
Olive oil consumption in past IOC promotion target markets (thousand ) 3 Australia Canada USA Japan 25 2 15 1 5 1-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 5 45 4 2 35 3 15 25 2 1 15 5 1 5 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/ 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
MOVEMENTS IN PRODUCER PRICES Extra virgin olive oil Average prices by crop year /1 kg 385 36 335 31 285 26 235 21 185 16 World resources Bari (Italy) Herakl. Greece Jaén (Spain) 3893 3455 3387 348 325 27 261 244 253 226 225 214 211 24 191 176 27 186 184 17 1, t 45 428 369 4 358 3559 3591 3436 345 35 335 3 294 288 282 271 25 25 263 2 264 248 249 15 218 21 1 196 5 1999/ 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/ 8 28/ 9(est.) Average prices 8 months 12
US $/ 47 PRODUCER PRICES FOR SEED OILS IN COMPARISON WITH VIRGIN OLIVE OIL 42 37 Virgin Olive Oil (Spain) 32 27 Corn Oil (Fob Gulf) 22 Cotton Oil (Fob Gulf) 17 Groundnuts Oil (Cif Rott.) 12 7 2 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
TABLE OLIVE PRODUCTION 1, t 25 Average 1/2-4/5: 1,675 Average 5/6-8/9: 2,9 288.5 2153.5 232. 2 15 1473.5 1773.5 162. 1852. 1762. 1 5 1/2 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
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% 2 15 1 5 199/1 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 95 968.5 12.5 89 99 946.5 193 194 121 1351 1343 1473.5 1773.5 162 1852.5 1762 288.5 2153.5 232 Consumpt ion 957 955 14 969.5 138.5 142.8 165.5 173 1185.5 1241.5 133.5 1382.5 1728 167 1831.5 1829 279 216 2146 1, t 25 Average 1/2-4/5: 1,653 TABLE OLIVE CONSUMPTION Average 5/6-8/9: 2,54 279. 216. 2146. 2 1728. 167. 1831.5 1829. 15 1382.5 1 5 1/2 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
Russia 1 WORLD TRADE IN TABLE OLIVES 27 / 8 Brazil 19% 1 Others Others 1 2 39% 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 9 8 7 6 5 4 3 2 1 199/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/9 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 (prov.) 28/9 IM PORTS 213 215 29.5 211.5 249 251.8 282.5 35.5 313 329.5 358 4 449.5 441 48 495 522 536 565 EXPORTS 26.5 26.5 27 29.5 247.5 246 264.5 295.5 333.5 341.5 364 421.5 46.5 462 48 53 598 612.5 628.5 16
TABLE OLIVE IMPORTS WORLD TREND 199/91 28/9 1, tm 6 5 4 3 2 1 199/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/9 1999/ 2/1 21/2 22/3 23/4 24/5 25/6 26/7 27/8 (prov.) 28/9 IM PORTS 213 215 29.5 211.5 249 251.8 282.5 35.5 313 329.5 358 4 449.5 441 48 495 522 536 565 EC 41.5 41 32 34.5 59 5 57 47 51.5 54 56.5 58 73 7.5 79 83.5 14.5 13 14.5 USA+CANADA 8 8 9 8 8 8 4.5 8 5.5 8 6 9 4 1 6 113.5 111.5 13 1.5 13 5 13 8.5 14 1 14 8 14 5 174 16 2 18 1 BRAZIL 4.5 28 37.5 33.5 46.5 45.8 47 48.5 47 5 45 5 46 51 56 55 6.5 73.5 74 RUSSIA 3 2 2.5 2.5 2 3 2.5 3 3.5 3.5 3.5 4 4 4.5 45 45 7 8 9 TABLE OLIVE IMPORTS 199/91 28/9 1, t 16 14 12 1 USA 8 6 4 2 199/91 1991/ 92 1992/ 93 1993/ 94 1994/ 95 1995/ 96 1996/ 97 1997/ 98 1998/ 9 1999/ 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
1997/ 98 1998/ 9 1999/ 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 3 25 2 CANADA 15 1 5 4 199/ 91 1991/ 92 1992/ 93 1993/ 94 1994/ 95 1995/96 1996/ 97 1997/98 1998/ 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 35 26/7 27/8 28/9 3 25 2 15 1 5 October November December January February M arch April M ay June July August September 1, t 14 12 (EXTRA- EU) 199/91 28/9 TABLE OLIVE IMPORTS 1 8 6 4 2 25, 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
1, t 8 7 6 BRAZIL TABLE OLIVE IMPORTS 199/91 28/9 5 4 3 2 1 199/ 91 1991/ 92 1992/93 1993/ 94 1994/ 95 1995/ 96 1996/ 97 1997/98 1998/ 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 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 9 8 7 6 RUSSIA 199/91 28/9 5 4 3 2 1 25, 199/ 91 1991/ 92 1992/ 93 1993/ 94 1994/ 95 1995/ 96 1996/ 97 1997/ 98 1998/ 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 28/9 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
25 1, t 199/91 28/9 TABLE OLIVE IMPORTS 2 AUSTRALIA 15 1 5 25 199/91 1991/92 1992/ 93 1993/94 1994/95 1995/ 96 1996/97 1997/98 1998/9 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 28/9 2 15 1 5 Octo ber November December January February M arch April M ay June July August September http://www.internationaloliveoil.org 2