Spain - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Olive Price in Spain - 2023
Contents:
- Preserved Olive Price in Spain (FOB) - 2023
- Preserved Olive Price in Spain (CIF) - 2022
- Preserved Olive Exports in Spain
- Preserved Olive Imports in Spain
Preserved Olive Price in Spain (FOB) - 2023
In June 2023, the average preserved olive export price amounted to $2,281 per ton, growing by 1.8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in April 2023 an increase of 12% month-to-month. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($2,920 per ton), while the average price for exports to Portugal ($1,716 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Olive Price in Spain (CIF) - 2022
The average preserved olive import price stood at $1,312 per ton in 2022, growing by 41% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. Over the period under review, average import prices attained the peak figure at $1,725 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($4,789 per ton), while the price for Portugal ($881 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Olive Exports in Spain
In 2022, preserved olive exports from Spain was estimated at 482K tons, remaining stable against 2021. In general, exports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 2.8%.
In value terms, preserved olive exports expanded significantly to $909M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Preserved Olive in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 171 | 166 | 169 | 179 | 1.5% |
Italy | 79.1 | 71.4 | 75.9 | 86.9 | 3.2% |
Russia | 71.4 | 59.5 | 67.0 | 68.8 | -1.2% |
France | 52.7 | 57.8 | 58.3 | 67.4 | 8.5% |
Saudi Arabia | 39.1 | 43.5 | 39.6 | 51.1 | 9.3% |
Germany | 47.0 | 45.6 | 45.7 | 50.3 | 2.3% |
United Kingdom | 36.1 | 35.7 | 48.7 | 49.6 | 11.2% |
Canada | 26.2 | 26.6 | 27.4 | 30.2 | 4.9% |
Mexico | 17.5 | 19.6 | 19.7 | 24.9 | 12.5% |
Poland | 20.4 | 20.3 | 24.0 | 24.8 | 6.7% |
Portugal | 12.0 | 12.7 | 17.2 | 19.5 | 17.6% |
Netherlands | 11.2 | 11.4 | 12.6 | 14.9 | 10.0% |
Brazil | 9.3 | 8.1 | 9.1 | 12.8 | 11.2% |
Others | 180 | 182 | 205 | 228 | 8.2% |
Total | 773 | 761 | 820 | 909 | 5.6% |
Top Export Markets for Preserved Olive from Spain in 2022:
- United States (69.7K tons)
- Italy (52.5K tons)
- France (39.3K tons)
- Russia (36.6K tons)
- Saudi Arabia (29.7K tons)
- Germany (29.5K tons)
- United Kingdom (24.2K tons)
- Canada (17.1K tons)
- Portugal (14.9K tons)
- Poland (14.0K tons)
- Brazil (12.6K tons)
- Mexico (11.2K tons)
- Netherlands (9.2K tons)
Preserved Olive Imports in Spain
In 2022, supplies from abroad of olives prepared or preserved decreased by -39.6% to 12K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 5.2%. As a result, imports reached the peak of 25K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, preserved olive imports reduced notably to $16M in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 3.5% against the previous year. As a result, imports reached the peak of $24M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Preserved Olive in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 6.2 | 1.2 | 4.9 | 6.2 | 0.0% |
Egypt | 8.9 | 15.1 | 8.6 | 3.3 | -28.2% |
Morocco | 1.8 | 0.3 | 0.4 | 1.5 | -5.9% |
Greece | 2.2 | 1.1 | 1.8 | 1.4 | -14.0% |
Italy | 0.5 | 0.9 | 1.1 | 1.3 | 37.5% |
Chile | 0.3 | 0.1 | 0.1 | 0.5 | 18.6% |
Argentina | 1.3 | 4.2 | 0.8 | N/A | -21.6% |
Others | 1.7 | 0.8 | 1.2 | 2.0 | 5.6% |
Total | 22.8 | 23.6 | 19.0 | 16.1 | -11.0% |
Top Suppliers of Preserved Olive to Spain in 2022:
- Argentina (undefinedK tons)
- Portugal (7.1K tons)
- Egypt (2.8K tons)
- Morocco (1.0K tons)
- Greece (0.5K tons)
- Italy (0.3K tons)
- Chile (0.2K tons)
This report provides an in-depth analysis of the preserved olive market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In August 2022, the preserved olive price stood at $1,925 per ton (FOB, Spain), increasing by 3.8% against the previous month.
In May 2023, the price of Canned Vegetable reached $2,082 per ton (FOB, Spain), which was similar to the previous month.
In July 2022, the growth rate of preserved asparagus imports reached an impressive 45% compared to the previous month. The value of these imports skyrocketed to $7.4M in June 2023.
Potato Chips saw a 5.4% increase in price, reaching $4,516 per ton (FOB, Spain) in April 2023.
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
In August 2022, the preserved olive price stood at $1,925 per ton (FOB, Spain), increasing by 3.8% against the previous month.
In May 2023, the price of Canned Vegetable reached $2,082 per ton (FOB, Spain), which was similar to the previous month.
In July 2022, the growth rate of preserved asparagus imports reached an impressive 45% compared to the previous month. The value of these imports skyrocketed to $7.4M in June 2023.