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EU
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EU
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Sh
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EU monthly production (MS’s communications)
DG AGRI DASHBOARD: OLIVE OIL Last update:
100
200
300
400
500
600
Monthly prices of extra virgin olive oil (national averages)€/100kg
Italy
Spain
Greece
100
150
200
250
300
350
400
Monthly prices of virgin olive oil (national averages)€/100kg
Italy
Spain
Greece
100
150
200
250
Monthly prices of lampante olive oil (national averages) €/100kg
Italy
Spain
Greece
1 435 2 324 1 752 2 188 2 264 1 918
1 024
853
810
1 185 955
1 133
2 458
3 177
2 562
3 373 3 2193 051
0
500
1 000
1 500
2 000
2 500
3 000
3 500
4 000
2014/15 2015/16 2016/17 2017/18 (fin.) 2018/19 (prov.) 2019/20 (for.)
OLIVE OIL PRODUCTION (1000t)non-EU
EU
WORLD
Average world 2014/15-2018/19
excl. pomace oil842 1 403 1 291 1 262 1 790 1 120
222
475
182429
174
365300
320
195
346
185
275
61
109
69
135100
1411 435
2 324
1 752
2 188 2 264
1 918
0
500
1 000
1 500
2 000
2 500
2014/15 2015/16 2016/17 2017/18 (fin.) 2018/19 (prov.) 2019/20 (for.)
EU OLIVE OIL PRODUCTION (1000t)variation 2019/20 vs 2018/19
Other EU (+18%)Portugal (+40%)Greece (+49%)Italy (+110%)Spain (-37%)EU (-15%)
excl. pomace oil
340140 100
325140
300
160
150 178
263
193.5
225120
130 110
140
200
145105
110 110
100
100
120
299
323 312
357
322
343
1024
853 810
1185
955
1133
0
200
400
600
800
1 000
1 200
1 400
2014/15 2015/16 2016/17 2017/18 (fin.) 2018/19 (prov.) 2019/20 (for.)
non-EU OLIVE OIL PRODUCTION (1000t)variation 2019/20 vs 2018/19
Others non-EU (7%)Syrian Arab Republic (+20%)Morocco (-28%)Turkey (+16%)Tunisia (+114%)Total non-EU (19%)Average 2014/15-2018/19
1 743
2 475
1 236
2 338 2 439
-800
-400
0
400
800
1 200
1 600
2 000
2 400
2 800
2014/15 2015/16 2016/17 2017/18 2018/19 Oct 19- Apr 20
EU Structure of olive oil trade 2013-2017 with EXTRA-EU28 (Mio Eur)
marketing years october-september
Export virgin lampante Export pomaceExport "olive oil" Export extra virgin+virgin other than lampanteImport virgin lampante Import "olive oil"Import extra virgin+virgin other than lampante Import pomaceTRADE BALANCE
688
894
455
631
211
433322
531
783607
0
200
400
600
800
1 000 EU Olive oil ending stocks(1000t) enging stocks
Average last 5 years
Ending stocks on 30.9.; excl. olive pomace oil.
2 857 2 915
2 654
2 9572 863
3 059
1 545 1 596
1 3301 532 1 442
1 544
1 3121 320 1 324 1 425 1 422
1 516
1 000
1 400
1 800
2 200
2 600
3 000
3 400
2014/15 2015/16 2016/17 (fin.) 2017/18 (prov.) 2018/19 (est.) 2019/20 (for.)
OLIVE OIL CONSUMPTION (1000t)
WORLD EU non-EU Average world 2014/15-2018/19excl. pomace oil
29.06.2020
Sources: International Olive Council (IOC), MS declarations, Eurostat/Comext©, DG Agri estimations
0
50 000
100 000
150 000
200 000
0
5 000
10 000
15 000
20 000
25 000
30 000
35 000
40 000
oct. 2015 oct. 2016 oct. 2017 oct. 2018 oct. 2019
Extra EU olive oil IMPORTS per CATEGORY (t)
Cumulative quantities (permarketing year) Pomance oil (CN 1510)
"Olive oil" (CN 15099000) Virgin lampante olive oil (15091010)
Virgin other than lampante (CN 15091080) Extra virgin (CN15091020)
Extra virgin + virgin other that lampante (CN 15091090) Average previous 3 marketing years
0
100 000
200 000
300 000
400 000
500 000
600 000
700 000
0
10 000
20 000
30 000
40 000
50 000
60 000
70 000
80 000
90 000
oct. 2015 oct. 2016 oct. 2017 oct. 2018 oct. 2019
Extra EU olive oil EXPORTS per CATEGORY (t)
Cumulative quantities (permarketing year) Pomace oil (CN 1510)
"Olive oil" (CN 15099000) Virgin lampante olive oil (15091010)
Virgin other than lampante (CN 15091080) Extra virgin (CN 15091020)
Extra virgin + virgin other than lampante (CN 15091090) Average previous 3 marketing years
2014/15
(final)
2015/16
(final)
2016/17
(final)
2017/18
(prov.)
2018/19
(est.)
2019/20
(for.)
Starting stocks 631 211 433 322 531 783
Production 1 435 2 324 1 752 2 188 2 264 1 918
Imports extra-EU 261 140 88 182 171 200
Exports extra-EU 563 630 616 624 709 750
Consumption 1 545 1 596 1 330 1 532 1 442 1 544
Ending stocks 211 433 322 531 783 607
excl. pomace olive oil
EU olive oil balance sheet (1000t)
205.9
345.8
217.5
EXTRA VIRGIN max. 0.8°
SPAIN €/100 kg
ITALY
GREECE
Evolution since last month
-2%
2%
Evolution since last year
-12%
-33%
3% -19%€/100 kg
€/100 kg
May-2020
164.1
150.8
118.1
€/100 kg
€/100 kg
€/100 kg
Evolution since last month
-5%
-2%
Evolution since last year
-14%
-6%
0% -37%
LAMPANTE > 2°
SPAIN
ITALY
GREECE
May-2020Evolution since
175.0
191.5
146.5
€/100 kg
€/100 kg
€/100 kg
Evolution since last month
-4%
2%
Evolution since last year
-15%
-45%
8% -42%
VIRGIN max. 2°
SPAIN
ITALY
GREECE
May-2020
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205.9
345.8
217.5
EXTRA VIRGIN max. 0.8°
SPAIN €/100 kg
ITALY
GREECE
Evolution since last month
-2%
2%
Evolution since last year
-12%
-33%
3% -19%€/100 kg
€/100 kg
May-2020
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Evolution since
175.0
191.5
146.5
€/100 kg
€/100 kg
€/100 kg
Evolution since last month
-4%
2%
Evolution since last year
-15%
-45%
8% -42%
VIRGIN max. 2°
SPAIN
ITALY
GREECE
May-2020
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164.1
150.8
118.1
€/100 kg
€/100 kg
€/100 kg
Evolution since last month
-5%
-2%
Evolution since last year
-14%
-6%
0% -37%
LAMPANTE > 2°
SPAIN
ITALY
GREECE
May-2020
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100
200
300
400
500
600
Monthly prices of extra virgin olive oil (national averages)€/100kg
Italy
Spain
Greece
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PageNext
100
150
200
250
300
350
400
Monthly prices of virgin olive oil (national averages)€/100kg
Italy
Spain
Greece
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100
150
200
250
Monthly prices of lampante olive oil (national averages) €/100kg
Italy
Spain
Greece
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1 435 2 324 1 752 2 188 2 264 1 918
1 024
853
810
1 185 955
1 133
2 458
3 177
2 562
3 373 3 2193 051
0
500
1 000
1 500
2 000
2 500
3 000
3 500
4 000
2014/15 2015/16 2016/17 2017/18 (fin.) 2018/19 (prov.) 2019/20 (for.)
OLIVE OIL PRODUCTION (1000t)non-EU
EU
WORLD
Average world 2014/15-2018/19
excl. pomace oil
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EU monthly production (MS' communications R826/2008)
842 1 403 1 291 1 262 1 790 1 120
222
475
182429
174
365300
320
195
346
185
275
61
109
69
135100
1411 435
2 324
1 752
2 188 2 264
1 918
0
500
1 000
1 500
2 000
2 500
2014/15 2015/16 2016/17 2017/18 (fin.) 2018/19 (prov.) 2019/20 (for.)
EU OLIVE OIL PRODUCTION (1000t)variation 2019/20 vs 2018/19
Other EU (+18%)Portugal (+40%)Greece (+49%)Italy (+110%)Spain (-37%)EU (-15%)
excl. pomace oil
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340140 100
325140
300
160
150 178
263
193.5
225120
130 110
140
200
145105
110 110
100
100
120
299
323 312
357
322
343
1024
853 810
1185
955
1133
0
200
400
600
800
1 000
1 200
1 400
2014/15 2015/16 2016/17 2017/18 (fin.) 2018/19 (prov.) 2019/20 (for.)
non-EU OLIVE OIL PRODUCTION (1000t)variation 2019/20 vs 2018/19
Others non-EU (7%)Syrian Arab Republic (+20%)Morocco (-28%)Turkey (+16%)Tunisia (+114%)Total non-EU (19%)Average 2014/15-2018/19
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0
50 000
100 000
150 000
200 000
0
5 000
10 000
15 000
20 000
25 000
30 000
35 000
40 000
oct. 2015 oct. 2016 oct. 2017 oct. 2018 oct. 2019
Extra EU olive oil IMPORTS per CATEGORY (t)
Cumulative quantities (permarketing year) Pomance oil (CN 1510)
"Olive oil" (CN 15099000) Virgin lampante olive oil (15091010)
Virgin other than lampante (CN 15091080) Extra virgin (CN15091020)
Extra virgin + virgin other that lampante (CN 15091090) Average previous 3 marketing years
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0
100 000
200 000
300 000
400 000
500 000
600 000
700 000
0
10 000
20 000
30 000
40 000
50 000
60 000
70 000
80 000
90 000
oct. 2015 oct. 2016 oct. 2017 oct. 2018 oct. 2019
Extra EU olive oil EXPORTS per CATEGORY (t)
Cumulative quantities (permarketing year) Pomace oil (CN 1510)
"Olive oil" (CN 15099000) Virgin lampante olive oil (15091010)
Virgin other than lampante (CN 15091080) Extra virgin (CN 15091020)
Extra virgin + virgin other than lampante (CN 15091090) Average previous 3 marketing years
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1 743
2 475
1 236
2 338 2 439
-800
-400
0
400
800
1 200
1 600
2 000
2 400
2 800
2014/15 2015/16 2016/17 2017/18 2018/19 Oct 19- Apr 20
EU Structure of olive oil trade 2013-2017 with EXTRA-EU28 (Mio Eur)
marketing years october-september
Export virgin lampante Export pomaceExport "olive oil" Export extra virgin+virgin other than lampanteImport virgin lampante Import "olive oil"Import extra virgin+virgin other than lampante Import pomaceTRADE BALANCE
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688
894
455
631
211
433322
531
783607
0
200
400
600
800
1 000 EU Olive oil ending stocks(1000t) enging stocks
Average last 5 years
Ending stocks on 30.9.; excl. olive pomace oil.
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2 857 2 915
2 654
2 9572 863
3 059
1 545 1 596
1 3301 532 1 442
1 544
1 3121 320 1 324 1 425 1 422
1 516
1 000
1 400
1 800
2 200
2 600
3 000
3 400
2014/15 2015/16 2016/17 (fin.) 2017/18 (prov.) 2018/19 (est.) 2019/20 (for.)
OLIVE OIL CONSUMPTION (1000t)
WORLD EU non-EU Average world 2014/15-2018/19excl. pomace oil
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2014/15
(final)
2015/16
(final)
2016/17
(final)
2017/18
(prov.)
2018/19
(est.)
2019/20
(for.)
Starting stocks 631 211 433 322 531 783
Production 1 435 2 324 1 752 2 188 2 264 1 918
Imports extra-EU 261 140 88 182 171 200
Exports extra-EU 563 630 616 624 709 750
Consumption 1 545 1 596 1 330 1 532 1 442 1 544
Ending stocks 211 433 322 531 783 607
excl. pomace olive oil
EU olive oil balance sheet (1000t)