EU Prices Production EU Trade EU Stocks Consumption EU Balance Sheet EU monthly production (MS' communications R826/2008) DG AGRI DASHBOARD: OLIVE OIL Last update: 24.01.2018 2.402 3.252 2.458 3.177 2.539 2.927 1.462 2.483 1.435 2.324 1.748 1.838 936 769 1.024 853 792 1.089 0 500 1000 1500 2000 2500 3000 3500 2012/13 2013/14 2014/15 2015/16 2016/17 (prov.) 2017/18 (est.) OLIVE OIL PRODUCTION (1000t) WORLD EU non-EU Average world 2012/13-2016/17 excl. pomace oil; 618 1.782 842 1.403 1.287 1.091 416 464 222 475 182 370 358 132 300 320 195 285 59 92 61 109 69 79 11 14 9 17 14 13 1.462 2.483 1.435 2.324 1.748 1.838 0 500 1.000 1.500 2.000 2.500 3.000 2012/13 2013/14 2014/15 2015/16 2016/17 (prov.) 2017/18 (est.) EU OLIVE OIL PRODUCTION (1000t) excl.pomace oil va ri a tion 2017/18 vs 2016/17 Spain (-15%) Italy (+103%) Greece (+46%) Portugal (+14%) Others EU (-6%) EU total (+5%) Average 2012/13-2016/17 excl. pomace oil; 936 769 1024 853 792 1089 220 70 340 140 100 220 195 135 160 150 177 287 100 130 120 130 110 140 175 180 105 110 110 100 246 254 299 323 295 342 0 200 400 600 800 1.000 1.200 2012/13 2013/14 2014/15 2015/16 2016/17 (prov.) 2017/18 (est.) non-EU OLIVE OIL PRODUCTION (1000t) va ri a tion 2017/18 vs 2016/17 Total non-EU (+38%) Tunisia (+120%) Turkey (+62%) Morocco (+27%) Syrian Arab Republic (-9%) Others non-EU (+16%) Average 2012/13-2016/17 - 10.000 20.000 30.000 40.000 50.000 60.000 70.000 Extra EU olive oil EXPORTS per CATEGORY (t) Pomace oil (CN 1510) "Olive oil" (CN 1509900 0) Virgin lampante (CN 150910 10) Virgin other than lampante (CN 15091080) Extra virgin (CN 15091020) Extra virgin + virgin other than lampante (CN 15091090) Average previous 3 marketing years 2015 - 2016 2014 - 2015 2016 -2017 - 5.000 10.000 15.000 20.000 25.000 30.000 35.000 Extra EU olive oil IMPORTS per CATEGORY (t) Pomace oil (CN 1510) "Olive oil" (CN 1509900 0) Virgin lampante (CN 150910 10) Virgin other than lampante (CN 15091080) Extra virgin (CN15091020) Extra virgin + virgin other than lampante (CN 15091090) Average previous 3 marketing years -800 -400 0 400 800 1200 1600 2000 2400 2800 EU Structure of olive oil trade 2007-2017 with EXTRA-EU28 (Mio Eur) periods October-September Export virgin lampante Exp ort pom ace Export "olive oil" Export extra virgin+virgin other th an lamp an te Import virgin lampante Imp ort "o live oil" Import extra virgin+virgin other th an lamp an te Imp ort po mace TRADE BAL AN CE 632 688 894 455 631 211 421 348 300 0 200 400 600 800 1000 EU Olive oil ending stocks (1000t) enging stocks Average last 5 years Ending stocks on 30.9.; excl. olive pomace oil 2.902 3.061 3.086 2.989 3.076 2.916 2.980 2.803 2.976 1.830 1.862 1.787 1.620 1.726 1.605 1.660 1.463 1.571 - 1.000 2.000 3.000 4.000 Olive oil consumption (1000t) World EU IOC marketing years Oct-Sept; excl. pomace olive oil; 150 250 350 450 550 650 Average monthly prices of extra virgin olive oil in the most representative EU markets €/100kg Italy - Bari Spain - Jaen Greece - Chania 150 200 250 300 350 400 450 Average monthly prices of virgin olive oil in the most representative EU markets €/100kg Italy - Bari Spain - Jaen Greece - Chania 150 200 250 300 350 400 Average monthly prices of lampante olive oil in the most representative EU markets €/100kg Italy - Lecce Spain - Jaen Greece - Chania