41th meeting of the Advisory Committee Marseille, France 8 July 213
OLIVE OIL BALANCES 211/12-212/13 OLIVE OIL 211/12 (final) (thousand tonnes) 212/13 (prov.) Starting stocks 773. 1.5 Production 3377.5 258.5 Imports 764. 79. Consumption 3112.5 2954. Exports 81.5 793.5 Ending stocks 1.5 551.5 Stocks changes +227.5-449 These balances will not be approved until the November 213 session. The figures presented here are likely to change. June 213
OLIVE OIL PRODUCTION (thousand tonnes)
OLIVE OIL CONSUMPTION (thousand tonnes)
OLIVE OIL EXPORTS (thousand tonnes)
4., 3.5, 3., prod 2.5, 2., auto conso 1.5, 1., export. 5,,
2.5, 2., +/- 85 t 1.5, auto conso 1., export 5, +/- 5 t,
TREND OF OWN CONSUMPTION 2., 1.8, 1.6, 1.4, 1.2, 1., 8, auto conso UE auto conso otros COI auto conso non COI 6, 4, 2,,
1, t OLIVE OIL IMPORTS INTRA EUROPEAN UNION 12 INTRA-EU 1 8 6 4 2 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/ 8 28/ 9 29/ 1 21/ 11(est.) 211/ 12(est.) Source: Eurostat
OLIVE OIL EXPORTS EU/27 INTRA EUROPEAN UNION (t) EU/27 OLIVE OIL AND OLIVE POMACE OIL EXPORTS 211/12 PARTNER (BUYER) OLIVE OIL OLIVE POMACE TOTAL 1591 1599 151 ITALY 39,183.2 62,132.8 37,522.7 489,838.7 FRANCE 18,93.4 2,193.8 596.8 111,721. PORTUGAL 61,855.7 29,597.2 8,13.8 99,583.7 GERMANY 58,697.6 4,616.7 2,76.3 66,74.6 UNITED KINGDOM 33,15.5 23,942.7 5,839. 62,797.2 SPAIN 26,19.3 8,271.6 11,282. 45,572.9 BELGIUM 14,759.2 6,777.3 992.8 22,529.3 NETHERLANDS 1,412.3 7,39.5 2,288.6 2,1.4 AUSTRIA 7,468.9 1,143.1 254.4 8,866.4 POLAND 6,128.9 586.3 1,857. 8,572.2 SWEDEN 5,915.1 1,169.4 332.8 7,417.3 CZECH REPUBLIC 3,8. 168.2 2,396.8 6,365. GREECE 2,431.2 92.4 1,511.9 4,863.5 IRELAND 2,483.1 1,891.3 484.4 4,858.8 ROMANIA 2,546. 116.7 1,984.7 4,647.4 DENMARK 3,47.8 496. 446.3 4,413.1 BULGARIA 1,876. 13.5 1,211.5 3,191. FINLAND 1,722.1 533.6 55.6 2,86.3 LATVIA 792.9 272.6 1,487.6 2,553.1 HUNGARY 1,691.1 152.9 413.2 2,257.2 LITHUANIA 99.4 244.9 998.1 2,152.4 SLOVAKIA 1,4.5 38.8 384.9 1,698.2 LUXEMBOURG 1,298.7 256.1 79.5 1,634.3 SLOVENIA 1,332.5 174.9 63.9 1,571.3 ESTONIA 496.1 255.8 437.3 1,189.2 CYPRUS 648.3 15.7 142.3 896.3 MALTA 41.4 232.4 68.4 72.2 NOT SPECIFIED INTRA-EU 9.1 7.3. 16.4 TOTAL 75,299.3 153,981.5 84,518.6 988,799.4 INTRA-EU OLIVE OIL (t) Source: Eurostat
OLIVE OIL IMPORTS EU/27 INTRA EUROPEAN UNION EU/27 OLIVE OIL AND OLIVE POMACE OIL IMPORTS 211/12 IMPORTS INTRA-UE OLIVE POMACE OIL PARTNER OLIVE OIL (SELLER) 1591 1599 151 TOTAL SPAIN 564,197.1 97,374.5 29,919.7 691,491.3 ITALY 125,58.5 19,611.9 16,18.7 16,851.1 GREECE 95,948.9 1,694.4 21,13.4 118,656.7 PORTUGAL 38,261. 926.7 7,87.5 46,275.2 FRANCE 5,297.1 17,56. 162.3 22,965.4 GERMANY 6,75.7 3,638.7 21.8 1,6.2 BELGIUM 7,247.7 2,64.8 717.9 1,3.4 NETHERLANDS 1,344.5 4.2 223.6 1,968.3 UNITED KINGDOM 393.7 978.4 12.8 1,492.9 BULGARIA 1,173. 63.3 15.5 1,341.8 CZECH REPUBLIC 535. 378.9 263.6 1,177.5 AUSTRIA 486.2 285.3 81.4 852.9 LITHUANIA 417.6 128.4 12.9 558.9 DENMARK 75.7 447.6 15.8 539.1 SWEDEN 14.4 379.1 3.4 522.9 ESTONIA 96.9 12.1 231.1 43.1 SLOVAKIA 314.9 56.2 3.5 374.6 LATVIA 127.8 191.7 36. 355.5 ROMANIA 181. - 21.2 22.2 POLAND 54.2 4.5 5.1 144.8 CYPRUS 122.1 1.6 8.9 141.6 HUNGARY 37.2 1.9 69.4 18.5 IRELAND 61. 4.6.7 12.3 MALTA 72.1-25.9 98. FINLAND 46.9 23.3 7.7 77.9 COUNTRIES INTRA-COM 1. 9. 17.8 36.8 LUXEMBOURG 1.7-1.6 12.3 SLOVENIA 5.6.3-5.9 TOTAL 848,467.5 146,354.4 76,593.2 1,71,415.1 Source: Eurostat INTRA-EU OLIVE OIL (t)
OLIVE OIL IMPORTS 211/12 Japan 6% USA 39% EU/27 13% Australia 4% Brazil 9% China 5% Canada 5% Others 19%
WORLD TREND - OLIVE OIL IMPORTS BY CATEGORY (t) 8, OLIVE POMACE OIL OLIVE OIL VIRGIN OLIVE OIL 7, 6, 5, 4, 3, 2, 1, 22/3 23/4 24/5 25/6 26/7 27/8 28/9 29/1 21/11 211/12
1, t 35 OLIVE OIL IMPORTS * 199/91 212/13 3 25 USA 2 15 1 5 199/ 91 1992/ 93 1994/ 95 1996/ 97 1998/ 9 2/ 1 22/ 3 24/ 5 26/ 7 28/ 9 21/ 11 212/ 13 tonnes 35. Monthly imports 21/11, 211/12 and 212/13 crop years 3. 21/11 211/12 212/13 25. 2. 15. 1. 5. Including olive-pomace oils October November December January February March April May June July August September Source: United States Department of Agriculture Foreign Agricultural Service
Trend of USA. Olive oil* imports by country over the last five crop years (t) Origin 27/8 28/9 29/1 21/11 211/12 t % t % t % t % t % Spain 57,369 21.7 6,673 21.9 67,363 24.8 66,285 22.7 92,85 29.3 France 7.3 237.1 18. 99. 127. Greece 4,728 1.8 4,983 1.8 4,218 1.6 4,331 1.5 5,531 1.7 Italy 15,683 57. 15,693 54.5 145,67 53.5 149,444 51.2 155,71 48.9 Portugal 2,192.8 1,558.6 2,61.8 1,89.6 1,875.6 Others EU 1_/ 135.1 69. 94. 263.1 3.1 Algeria..... Egypt 433.2 12. 26. 4. 65. Morocco 3,269 1.2 1,589.6 8,487 3.1 28,156 9.6 4,961 1.6 Tunisia 27,269 1.3 36,389 13.2 25,592 9.4 25,63 8.8 35,56 11.2 Argentina 8,566 3.2 7,915 2.9 5,438 2. 8,197 2.8 9,89 2.9 Australia 2,65.8 2,574.9 2,5.8 1,94.7 1,985.6 Canada 63. 173.1 96. 225.1 443.1 Turkey 3,585 1.4 6,57 2.4 7,963 2.9 1,59.4 3,152 1. Others 3,414 1.3 3,59 1.1 2,923 1.1 4,562 1.6 6,14 1.9 Total 264,471 1. 276,584 1. 272,89 1. 292,49 1. 317,95 1. EU 215,87 81.6 218,213 78.9 219,514 8.7 222,312 76.1 255,754 8.7 Extra-EU 48,664 18.4 58,371 21.1 52,575 19.3 69,737 23.9 61,341 19.3 Including olive-pomace oils Source: United States Department of Agriculture Foreign Agricultural Service
USA OLIVE OIL IMPORTS BY CONTAINER 35. 3. Containers > 18 kg Containers < 18 kg CUMULATIVE IMPORTS (tonnes) 25. 2. 15. 1. 5. 93/94 94/95 95/96 96/97 97/98 98/99 99/ /1 1/2 2/3 3/4 4/5 5/6 6/7 7/8 8/9 9/1 1/11 11/12 1 8 IMPORTS BY CONTAINER (%) 6 Containers < 18 kg Containers > 18 kg 4 2 93/94 94/95 95/96 96/97 97/98 98/99 99/ /1 1/2 2/3 3/4 4/5 5/6 6/7 7/8 8/9 9/1 1/11 11/12
USA - OLIVE OIL IMPORTS BY CATEGORY (t) 35, 3, 25, VIRGIN OLIVE OIL OLIVE OIL OLIVE POMACE OIL TOTAL 2, 15, 1, 5, 22/3 23/4 24/5 25/6 26/7 27/8 28/9 29/1 21/11 211/12
Olive Oil Type History
1, t 25 OLIVE OIL IMPORTS EUROPEAN UNION 2 Extra-EU 15 1 5 tonnes 2. 19. 18. 17. 16. 15. 14. 13. 12. 11. 1. 9. 8. 7. 6. 5. 4. 3. 2. 1. 1997/ 98 1999/ 21/ 2 23/ 4 25/ 6 27/ 8 29/ 1 211/ 12 21/11 211/12 212/13 Monthly imports 2111 and 212/13 crop years October November December January February March April May June July August September Source: Eurostat
211/12 OLIVE OIL IMPORTS EXTRA-EUROPEAN UNION EXTRA-EU DECLARANT: UE/27 OLIVE OIL IMPORTS (t) EU/27 OLIVE OIL AND OLIVE POMACE OIL IMPORTS 211/12 PARTNER (SELLER) OLIVE OIL OLIVE POMACE OIL TOTAL 1591 1599 151 TUNISIA 85,235. 1,724.6 5,211.5 92,171.1 MOROCCO 1,78.5 13.3 1,87.6 3,79.4 CHILE 2,96.1 7.5. 2,913.6 AUSTRALIA 1,76. 1.6. 1,77.6 ARGENTINA 1,173.7.. 1,173.7 EGYPT 961.9.. 961.9 TURKEY 413.1 47. 1.9 894. CHINA (PEOPLE'S REPUBLIC OF) 195.2 1.8.1 197.1 PALESTINIAN 12.3. 54.9 175.2 UNITED STATES 28.6 39.3 29.8 97.7 ISRAEL 35.2 2.6 4.9 78.7 LEBANON 31.9 16.8 1.6 5.3 SWITZERLAND 2.2 46.6.1 48.9 CANADA 2.8. 45.4 48.2 JAPAN 31.1 5.5.1 36.7 CROATIA 26.9 7..2 34.1 SOUTH AFRICA 9.2 1.7 2.8 22.7 PERU 2... 2. IRAQ 7.5. 8.1 15.6 JORDAN 14.4.. 14.4 SYRIAN ARAB REPUBLIC (SYRIA) 11.8 1.9.2 13.9 UNITED ARAB EMIRATES 7.6 4.3.5 12.4 OTHERS 28.3 18.4.6 47.3 TOTAL 94,47.3 2,488.9 7,278.3 13,814.5
EUROPEAN UNION - OLIVE OIL IMPORTS BY CATEGORY (t) 3. 25. 2. VIRGIN OLIVE OIL VIRGIN LAMPANTE OLIVE OIL OLIVE OIL OLIVE POMACE OIL 15. 1. 5. 22/3 23/4 24/5 25/6 26/7 27/8 28/9 29/1 21/11 211/12
EUROPEAN UNION - VIRGIN LAMPANTE OLIVE OIL IMPORTS BY COUNTRY (t) 15911 - VIRGIN LAMPANTE OLIVE OIL OBTAINED FROM THE FRUIT OF THE... 12 1 15911 TUNISIA SYRIA 8 6 MOROCCO TURKEY 4 2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 29/1 21/11 211/12
EUROPEAN UNION - OLIVE OIL IMPORTS BY COUNTRY (t) 15919 - VIRGIN OLIVE OIL OBTAINED FROM THE FRUIT OF THE OLIVE TREE SOLEL... 12 1 8 15919 TUNISIA SYRIA MOROCCO TURKEY 6 4 2 22/3 23/4 24/5 25/6 26/7 27/8 28/9 29/1 21/11 211/12
1, t 8 OLIVE OIL IMPORTS * 199/91 212/13 7 6 BRAZIL 5 4 3 2 1 199/ 91 1992/ 93 1994/ 95 1996/ 97 1998/ 9 2/ 1 22/ 3 24/ 5 26/ 7 28/ 9 21/ 11 212/ 13(est.) tonnes 12. Monthly imports 21/11 and 212/13 crop years 21/11 211/12 212/13 1. 8. 6. 4. 2. October November December January February March April May June July August September * Including olive-pomace oils Source: Ministerio do Desenvolvimento, Industria e Comercio Exterior, Brasil
BRAZIL OLIVE OIL IMPORTS (t)
BRAZIL - OLIVE OIL IMPORTS BY CATEGORY (t) 8, 7, 6, VIRGIN OLIVE OIL OLIVE OIL OLIVE POMACE OIL TOTAL 5, 4, 3, 2, 1, 22/3 23/4 24/5 25/6 26/7 27/8 28/9 29/1 21/11 211/12
1, t 5 45 CHINA OLIVE OIL IMPORTS * 1997/98 212/13 4 35 3 25 2 15 1 5 tonnes 7 1997/ 98 1999/ 21/ 2 23/ 4 25/ 6 27/ 8 29/ 1 211/ 12 21/11 211/12 212/13 Monthly imports 21/11 and 212/13 crop years 6 5 4 3 2 1 October November December January February M arch April M ay June July August September Including olive-pomace oils Source: Global Trade International
CHINA OLIVE OIL IMPORTS (t)
CHINA - VIRGIN OLIVE OIL IMPORTS BY COUNTRY (t) 5, 45, 4, VIRGIN OLIVE OIL OLIVE OIL OLIVE POMACE OIL Total 35, 3, 25, 2, 15, 1, 5, 22/3 23/4 24/5 25/6 26/7 27/8 28/9 29/1 21/11 211/12
1, t 5 OLIVE OIL IMPORTS * 199/91 211/12 45 4 35 JAPAN 3 25 2 15 1 5 199/ 91 1992/ 93 1994/ 95 1996/ 97 1998/ 9 2/ 1 22/ 3 24/ 5 26/ 7 28/ 9 21/ 11 212/ 13(est.) tonnes 8. 7. 21/11 211/12 212/13 Monthly imports 21/11 and 212/13 crop years 6. 5. 4. 3. 2. 1. October November December January February March April May June July August September * Including olive-pomace oils Source: Trade Statistics of Japan Ministry of Finance
JAPAN: Olive oil and olive-pomace oil IMPORTS (tonnes) 211/12 CROP YEAR (October 211 - September 212) 12 months OLIVE OIL OLIVE POMACE OIL 15.9. 15.9. TOTAL 15.1. TOTAL 1-9- O.O. OO + OPO JAPAN OLIVE OIL IMPORTS (t) Spain 13,699.5 5,526.9 19,226.4 275.3 19,51.7 France 57.1.2 57.4. 57.4 Greece 468.3 1.1 469.4 35.8 55.2 Italy 14,491. 6,657.4 21,148.4 2,119.7 23,268.1 Netherlands. 5.9 5.9. 5.9 Portugal 24.9 7.3 32.3. 32.3 United Kingdom 7.6 4.2 11.8. 11.8 S/Total EU 28,748.4 12,23.1 4,951.5 2,43.9 43,382.4 Chile 6.9. 6.9. 6.9 Argentina 11.6 9.6 111.2. 111.2 United States 29.1.2 29.2. 29.2 Peru 5.2. 5.2. 5.2 Croatia.3..3..3 Turkey 1,375.6 465.2 1,84.8. 1,84.8 Egypt..... Israel 19.7. 19.7. 19.7 Jordan 3.1. 3.1. 3.1 Lebanon 4.8. 4.8. 4.8 Morocco 1.1. 1.1. 1.1 Syria 13.1. 13.1. 13.1 Tunisia 32.4. 32.4. 32.4 Australia 62.8.6 63.4. 63.4 New Zealand.9..9..9 Other countries 2.3. 2.3. 2.3 TOTAL 3,461.4 12,678.7 43,14. 2,43.9 45,57.9
JAPAN- VIRGIN OLIVE OIL IMPORTS BY COUNTRY (t) 5, 45, 4, VIRGIN OLIVE OIL OLIVE OIL OLIVE POMACE OIL Total 35, 3, 25, 2, 15, 1, 5, 22/3 23/4 24/5 25/6 26/7 27/8 28/9 29/1 21/11 211/12
1, t 45 4 OLIVE OIL IMPORTS * 199/91 212/13 35 3 CANADA 25 2 15 1 5 tonnes 199/ 91 1992/ 93 1994/ 95 1996/ 97 1998/ 9 2/ 1 22/ 3 24/ 5 26/ 7 28/ 9 21/ 11 212/ 13(est.) 8 Monthly imports 21/11 and 212/13 crop years 7 21/11 211/12 212/13 6 5 4 3 2 1 * Including olive pomace oils October November December January February M arch April M ay June July August September Source: Statistics Canada International Trade Division
CANADA : Olive oil and olive-pomace oil IMPORTS (tonnes 211/12 CROP YEAR (October 211 - September 212) 12 months CANADA OLIVE OILS OPO 159.1 159.1 159.1 159.9 159.9 151. T O T A L COUNTRY.11.12.2.1.2 s/total. < 18kg < 18kg > 18kg < 18kg > 18kg OLIVE OIL IMPORTS (t) Germany.1.. 1.3. 1.4. 1.4 Austria..1..1..2..2 Belgium.. 1.2.. 1.2. 1.2 Spain 81. 83.4 577.9 147.4 341.9 1,951.5 146.2 2,97.7 France 2. 42. 8.1 99.2.5 151.8. 151.8 Greece 17.2 2,562.1 253.5 353. 4.6 3,19.4 28.8 3,219.2 Italy 2,996.8 17,819.9 1,17.7 6,199.1 224.2 28,41.7 264.2 28,674.9 Irland.... 26.2 26.2. 26.2 Luxembourg 14.5.... 14.5. 14.5 Portugal 12.4 83.7 6.5 519.2 7. 628.8. 628.8 United Kingdom..9. 16.8 42.6 6.3 43.7 14. s/total EU 3,123.9 21,312.1 2,17.8 7,336.2 647. 34,436.9 483. 34,919.9 Croatia. 2.4.5.. 2.9. 2.9 Algeria... 13.8. 13.8 1. 14.8 Egypt. 5.7... 5.7. 5.7 Israel 7.5 12.8. 26.4. 46.7 7.6 54.3 Jordan..6..1.1.9..9 Lebanon.1 194.7 153.9 23.1 2.7 392.5.3 392.8 Morocco. 172.1 44. 2.9 1.9 229.9 67.5 297.5 Syria. 1. 11.9 1.8. 14.7. 14.7 Tunisia 2.1 34.3 887.5 153.2 464.9 1,848. 149.8 1,997.7 Turkey 28.7 238.3 42.4 176.9 18.6 54.8 1.2 56. Argentina 3.2 13.9 132.5.2 4. 153.8. 153.8 Brazil..3....3..3 Chile 4.8 357. 1.9.3. 364..4 364.4 Colombia........ United States 14.1 817.6 41.9 912. 45.6 1,831.3 5.9 1,837.1 India..3....4 22.6 23. Australia.4 21...6. 21.9. 21.9 Others 2.2 3.2 3.6 14.1.1 23.1 6.5 29.6 TOTAL 3,186.9 23,493.2 3,338. 8,661.6 1,212. 39,891.6 745.7 4,637.4
CANADA - VIRGIN OLIVE OIL IMPORTS BY COUNTRY (t) 5, 4, VIRGIN OLIVE OIL OLIVE OIL OLIVE POMACE OIL TOTAL 3, 2, 1, 22/3 23/4 26/7 27/8 28/9 29/1 21/11 211/12
1, t 45 4 OLIVE OIL IMPORTS * 199/91 212/13 35 3 AUSTRALIA 25 2 15 1 5 tonnes 4 199/ 91 1992/ 93 1994/ 95 1996/ 97 1998/ 9 2/ 1 22/ 3 24/ 5 26/ 7 28/ 9 21/ 11 Monthly imports 21/11 and 212/13 crop years 21/11 211/12 212/13 35 3 25 2 15 1 5 October November December January February M arch April M ay June July August September Including olive-pomace oils Source: Australian Bureau of Statistics
AUSTRALIA OLIVE OIL IMPORTS (t)
AUSTRALIA : EVOLUCIÓN DE LAS IMPORTACIONES DE ACEITE DE OLIVA POR CATEGORÍA DEL PRODUCTO 45, 4, 35, ACEITE DE OLIVA VIRGEN ACEITE DE OLIVA ACEITE DE ORUJO DE OLIVA TOTAL 3, 25, 2, 15, 1, 5, 22/3 23/4 24/5 25/6 26/7 27/8 28/9 29/1 21/11 211/12
OLIVE OIL PRICES versus other oils
oct-7 N-7 D-7 E-8 F-8 M-8 A-8 M-8 J-8 J-8 A-8 S-8 oct-8 N-8 D8 E9 F9 M9 A9 M9 J9 J9 A9 S9 oct-9 N9 D9 J1 F1 M1 A1 M1 J1 J1 A-1 S-1 O-1 N-1 D-1 J-11 F-11 M-11 A-11 M-11 J-11 J-11 A-11 S-11 O-11 N-11 D-11 J-12 F-12 M-12 A-12 M-12 J-12 J-12 A-12 S-12 O-12 N-12 D-12 J-13 F-13 M-13 A-13 M-13 PRICES FOR SEED OILS vs VIRGIN OLIVE OIL since Oct 27 US $/tm 47 42 37 32 Extra Virgin Olive Oil (Spain) 27 Corn Oil (FOB Gulf) 22 17 Cotton Oil (FOB Gulf) Groundnut Oil (CIF Rott.) 12 7 2 Soybean Oil (US. FOB Gulf) Sun. Oil (FOB Rape Oil Argentina) (Fob Hamburg) Palm Oil, crude (CIF N.W. Eur.) Source: Oil World Annual
PRICE INDICES FOR SEED OILS vs VIRGIN OLIVE OIL 2 Soybean oil, US. (Fob Gulf) Groundnut oil Corn oil (Fob Gulf) virgin olive oil (Spain) Cotton oil (Fob Gulf) Sun oil (Fob Argentina) Palm oil crude (CIF N.W.Eur.) 15 1 5 O- 7 O- 8 O- 9 O- 1 O- 11 O- 12 F- 13 M- 13
OLIVE OIL PRICES producer prices
Euros/1 kg 4, 38, 36, 34, 32, Monthly prices Extra Virgin Olive Oil Bari (Italy) Monthly prices Extra Virgin Olive Oil Jaén (Spain) Monthly prices Extra Virgin Olive Oil Iraklion/Messinia (Greece) Monthly prices Extra Virgin Olive Oil Sfax (Tunisia) Monthly prices Extra Virgin Olive Oil Tras os Montes (Portugal) MOVEMENTS IN PRODUCER PRICES EXTRA VIRGIN OLIVE OIL Average monthly prices 3, 28, 26, 24, 22, 2, 18, 16, O-9 N D J F M A M J J A S O-1 N D J F M A M J J A S O-11 N D J F M A M J J A S-12 O N D J F M A M 29 / 1 21 / 11 211 / 12 212 / 13
O-8 N D J F M A M J J A S O-9 N D J F M A M J J A S O-1 N D J F M A M J J A S O-11 N D J F M A M J J A S O-12 N D J F M A M-13 Extra virgin olive oil vs refined and vs olive pomace oil in Spain 28/9-212/13 /1kg 35, SPAIN Monthly prices EVOO Jaén 3, SPAIN Monthly prices Refined Cordoba/Sevilla SPAIN Monthly prices OPO Córdoba 25, 2, 15, 1, 5,,
J F M A M J J A S O-9 N D J F M A M J J A S O-1 N D J F M A M J J A S O-11 N D J F M A M J J A S O-12 N D J F M A M-13 Extra virgin vs refined and vs pomace in Italy 28/9-212/13 /1kg 45, 4, 35, ITALY Monthly prices EVOO Bari ITALY Monthly prices Refined Bari ITALY Monthly prices OPO Bari 3, 25, 2, 15, 1, 5,,
OLIVE OIL PRICES on world market
Movements in virgin olive oil * export prices (euros/kg) (FOB euros/kg) since October 28 4,5 Spain to USA Italy to USA 4 Spain to rest world Italy to rest world 3,5 3 2,5 2 * Heading: 1591
Movements in virgin olive oil * export prices (euros/kg) (FOB euros/kg) since October 28 4,5 4 Spain to USA Italy to USA 3,5 3 2,5 2 * Heading: 1591
6 5,5 5 $/kg Prices and volumes > 18 kg for virgin OO on US market by origin 3 Series4 Series5 25 SPAIN VOO > 18KG ITALY VOO > 18KG 4,5 2 4 3,5 15 3 1 2,5 2 5 1,5 28/9 29/1 21/11 211/12
Oct. 28 Dec. 28 Feb. 29 Apr. 29 Jun. 29 Aug. 29 Oct. 29 Dec. 29 Feb. 21 Apr. 21 Jun. 21 Aug. 21 Oct. 21 Dec. 21 Feb. 211 Apr. 211 Jun. 211 Aug. 211 Oct. 211 Dec. 211 Feb. 212 Apr. 212 Jun. 212 Aug. 212 Oct. 212 Dec. 212 Feb. 213 April 213 Prices and volumes < 18 kg for Virgin OO on US market by origin $/kg (t) 5,5 12., Spain - VOO < 18KG Italy VOO < 18KG ITALY- VOO < 18KG SPAIN - VOO < 18KG 5 1., 8., 4,5 6., 4 4., 3,5 2., 3,
$/kg USA CIF prices for Olive Oil by origin and size 7 SPAIN OO > 18KG 6 SPAIN OO < 18KG 6 ITALY OO > 18KG 5 ITALY OO < 18 KG 5 4 4 3 3 2 2 1 1
Movements in olive oil* export prices (euros/kg) 4,5 Italy to rest world Italy to USA 4 Spain to rest world Spain to USA 3,5 3 2,5 2 1,5 * Heading: 1599
Oct. 28 Nov. 28 Dec. 28 Jan. 29 Feb. 29 Mar. 29 Apr. 29 May. 29 Jun. 29 Jul. 29 Aug. 29 Sep. 29 Oct. 29 Nov. 29 Dec. 29 Jan. 21 Feb. 21 Mar. 21 Apr. 21 May. 21 Jun. 21 Jul. 21 Aug. 21 Sep. 21 Oct. 21 Nov. 21 Dec. 21 Jan. 211 Feb. 211 Mar. 211 Apr. 211 May.211 Jun. 211 Jul. 211 Aug. 211 Sep. 211 Oct. 211 Nov. 211 Dec. 211 Jan. 212 Feb. 212 Mar. 212 Apr. 212 May. 212 Jun. 212 Jul. 212 Aug. 212 Sep. 212 Oct. 212 Nov. 212 Dec. 212 Jan. 213 Feb. 213 Mar. 213 April 213 CIF virgin olive oil prices on US market 28/9-212/13 from Spain $/kg for sales < 18 kg and > 18 kg 6 5 15912 - OLV OL VRG <18KG CT 15914 - OLVOL VRG >18KG CT 4 3 2 1
Oct. 28 Nov. 28 Dec. 28 Jan. 29 Feb. 29 Mar. 29 Apr. 29 May. 29 Jun. 29 Jul. 29 Aug. 29 Sep. 29 Oct. 29 Nov. 29 Dec. 29 Jan. 21 Feb. 21 Mar. 21 Apr. 21 May. 21 Jun. 21 Jul. 21 Aug. 21 Sep. 21 Oct. 21 Nov. 21 Dec. 21 Jan. 211 Feb. 211 Mar. 211 Apr. 211 May.211 Jun. 211 Jul. 211 Aug. 211 Sep. 211 Oct. 211 Nov. 211 Dec. 211 Jan. 212 Feb. 212 Mar. 212 Apr. 212 May. 212 Jun. 212 Jul. 212 Aug. 212 Sep. 212 Oct. 212 Nov. 212 Dec. 212 Jan. 213 Feb. 213 Mar. 213 April 213 CIF virgin olive oil prices on US market 28/9-212/13 from Italy $/kg for sales < 18 kg and > 18 kg 6 5 15912 - OLV OL VRG <18KCT 15914 - OLVOL VRG >18KCT 4 3 2 1
Prix /KG 2 4 6 8 1 12 14 16,5 1 1,5 2 2,5 3 3,5 Oct. 29 Nov. 29 Dec. 29 Jan. 21 Feb. 21 Mar. 21 Apr. 21 May. 21 Jun. 21 Jul. 21 Aug. 21 Sep. 21 Oct. 21 Nov. 21 Dec. 21 Jan. 211 Feb. 211 Mar. 211 Apr. 211 May. 211 Jun. 211 Jul. 211 Aug. 211 Sep. 211 Oct. 211 Nov. 211 Dec. 211 Jan. 212 Feb. 212 Mar. 212 Apr. 212 May. 212 Jun. 212 Jul. 212 Aug. 212 Sep. 212 Oct. 212 Nov. 212 Dec. 212 Jan. 213 Feb. 213 Mar. 213 Apr. 213 PRIX VOO and volumes from Tunisia to EU/27 VOLUMES (t)
BALANCES TABLE OLIVES TABLE OLIVES 211/12 (final) 212/13 (prov.) (thousand tonnes) Starting stocks 514.5 332. Production 2434. 2422. Imports 66. 627.5 Consumption 2554.5 2521.5 Exports 722. 675. Ending stocks 332. 185. June 213 These balances will not be approved until the November 213 session. The figures presented here are likely to change.
TABLE OLIVES PRODUCTION (1, t) production - Table Olives 28/9 29/1 21/11 211/12 212/13 UE, of which: 676,7 675,4 828,5 74,4 729, Spain 485,7 492,6 68,6 521,5 482, Greece 15, 17, 135, 13, 16, Italy 68,5 58,6 69,7 76,2 74, Portugal 13, 12,3 1,3 9, 9,1 Other IOC countries, of which 1289,8 1534,1 144, 1512,6 1461, Egypt 44, 49, 35, 384,5 375, Turkey 3, 39, 33, 4, 41, Syria 12, 135, 147, 172, 172, Morocco 1, 9, 11, 1, 1, Argentina 95, 22, 9, 15, 6, Algeria 98, 136, 192,5 145,5 175, Iran 3,5 47,5 47, 35, 39, Jordan 27, 34, 54, 26, 28, Non-IOC producers, of which 116, 159,5 294,5 181, 232, Peru 9, 75, 72,5 81, 8, USA 47,5 24, 154, 26, 78, Chile 2, 25, 26, 34, 34, Palestine 9, 2,5 11, 9, 9, Mexico 9, 1, 8, 8, 8, Saudi Arabia 4,5 4,5 4,5 4,5 4,5 Australia 3, 3,5 3,5 3,5 3,5 TOTAL 282,5 2369, 2563 2434, 2422,
TABLE OLIVES CONSUMPTION (1, t) (1, t) Consumption 28/9 29/1 21/11 211/12 212/13 EU, of which: 549.3 51.1 592. 637.5 63. Spain 147.7 17.9 15. 187.7 185. Italy 138.5 122.4 148. 146.1 146. France 53. 56.8 58. 56.3 55.7 Greece 2. 2. 16. 15. 18. Other producers 17.1 13.6 15.8 12.8 12.7 Non-producers 173. 189.4 196.7 219.6 211.2 Other IOC countries, of which 974.2 195.4 121.5 1189. 1194. Egypt 36. 34. 3. 3. 288. Turkey 24. 26. 3. 35. 35. Syria 94. 116. 122. 132. 132. Algeria 97.5 134. 189. 166. 172. Iran 32.5 47.5 5.5 37.5 41. Morocco 29. 32. 32. 32. 32. Israel 21. 21.5 23.5 21. 2. Lebanon 2. 2.5 25. 25. 25. Jordan 25.5 3.5 51. 19. 23.5 Tunisia 1. 2. 2. 2. 2. Non-IOC producers, of which 333.5 371. 427. 394.5 394.5 USA 21. 23. 24. 21. 21. Peru 25.5 5. 5. 5. 5. Saudi Arabia 31.5 31.5 32. 31.5 31.5 Chile 26. 29. 3. 32. 32. Australia 19. 2.5 22.5 21. 21. Mexico 16.5 7. 17. 17. 17. Palestine 5. 5. 1.5 8. 8. Non-producers, of which: 253. 222.5 245.5 257. 257.5 Russsia 9. 67. 71.5 68. 68. Brazil 69. 79. 87. 11.5 12. Canada 26. 27.5 27.5 27.5 27.5 Switzerland 5.5 6. 6. 6. 6. Japan 2.5 3. 3.5 4. 4. TOTAL 211. 2199. 2466. 2478. 2476.
TABLE OLIVES EXPORTS (1, t) Exportation 28/9 29/1 21/11 211/12 212/13 EU, of which: 239, 299,8 29,5 317, 283, Spain 165,2 225,1 211,3 229,9 185,9 Greece 53, 49, 53, 55,3 67, Portugal 11,4 15,2 15,6 16,6 16,5 Other IOC countries, of which: 321, 35,2 337,5 363, 35,5 Egypt 88, 71,5 78, 93,5 95, Argentina 73, 11, 72, 89,5 65, Morocco 57, 68, 77, 68, 7, Syria 24, 24, 3, 35, 35, Turkey 65, 65,5 72, 6, 7, Non-IOC producers, of which: 24,5 43, 31, 42, 41,5 Peru 16, 2, 21,5 32, 32, USA 4,5 4, 4, 4, 3,5 Chile 3, 4, 4,5 6, 6, TOTAL 584,5 693, 659, 722, 675,
TABLE OLIVE IMPORTS (1, t) WORLD TREND 199/91 212/13 1, t 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 28/9 29/1 21/11 211/12(prov 212/13(est.).) IMPORTS 213 215 29,5 211,5 249 251,8 282,5 35,5 313 329,5 358 4 449,5 441 48 495 522 582,5 546 628,5 594 66 627,5 USA+CANADA 8 89 88 84,5 85,5 86 94 16 113,5 111,5 131,5 135 138,5 141 148 145 174 166 152 212,5 165,5 159,5 162,5
TABLE OLIVE IMPORTS (1, t) WORLD TREND 199/91 212/13 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 29/1 21/11 EU/27 41,5 41 32 34,5 59 5 57 47 51,5 54 56,5 58 73 7,5 79 83,5 14,5 115 96,5 11 114 111 96,5 USA+CANADA 8 89 88 84,5 85,5 86 94 16 113,5 111,5 131,5 135 138,5 141 148 145 174 166 152 212,5 165,5 159,5 162,5 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 74 69 79 87 11,5 12 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 67 71,5 68 68 OTHERS 48 55 49,5 56,5 56 67 82 11 97,5 11,5 121,5 153 188 174 152 166,5 113 147,5 138,5 169 156 22 198,5 211/12(pro v.) 212/13(est.)
TABLE OLIVE IMPORTS tonnes 1, t 2 18 199/91 212/13 Country 211/12 TOTAL OLIVES 16 14 12 1 8 6 4 2 USA Spain 68.434,8 France 79,9 Greece 24.663,3 Italy 3.89,4 Portugal 2.373,9 United Kingdom 28, Netherlands 1,6 Others 2,3 S/Total EU 1.23,2 tonnes 2. 18. 16. 14. 12. 1. 8. 6. 4. 2. 199/ 91 1992/ 93 1994/ 95 1996/ 97 1998/ 9 2/ 1 22/ 3 24/ 5 26/ 7 28/ 9 21/ 11 212/ 13 21/11 211/12 212/13 Monthly imports 21/11, 211/12 and 212/13 crop year October November December January February March April May June July August September Source: United States Department of Agriculture Foreign Agricultural Service +1% Egypt 2.84,7 Israel 76,8 Jordan 47,8 Lebanon 289,2 Morocco 15.357,7 Syria 37,5 Tunisia 7,9 Argentina 7.172,3 Brazil 2,1 Canada 257,4 Chile 216,4 Guatemala 33,9 Mexico 52,2 Peru 1.112,1 Bangladesh 1,4 China 7,6 Inde,4 Turkey 3.815,5 Thailand 6,8 TOTAL 132.222,9
1, t TABLE OLIVE IMPORTS tonnes 14 EXTRA-EU COUNTRY 211/12 CROP YEAR TOTAL 12 1 8 6 4 2 tonnes 15 13 11 9 7 5 3 1-1 Source: Eurostat 2/1 22/3 24/5 26/7 28/9 21/11 212/13 +1.2% Monthly imports 21/11, 211/12 and 212/13 crop year 21/11 211/12 212/13 October November December January February M arch April M ay June July August September MOROCCO 61.147, TURKEY 41.255, EGYPT 3.293,5 ALBANIA 1.54,3 REPUBLIC OF MACEDONIA 719,5 ARGENTINA 73,2 CHILE 638,8 SYRIA 597,5 CHINA 244,8 TUNISIA 241,9 UNITED STATES 24,4 LEBANON 238,5 ISRAEL 228, PERU 142,3 SWITZERLAND 72,6 SERBIA 3,5 AUSTRALIA 22,8 JAPAN 22,2 JORDAN 19,5 CANADA 19,4 CROATIA 18,5 QATAR 16,4 SOUTH KOREA 12,6 Others 36,1 TOTAL 111.51,3
TABLE OLIVE IMPORTS INTRA-EU Monthly imports INTRA-EU 21/11, 211/12 and 212/13 crop years -4% 4 21/11 211/12 212/13 35 3 25 2 15 1 5 October November December January February M arch April M ay June July August September Source: Eurostat
TABLE OLIVES EXPORTS (t) Declarant: EU/27 TABLE OLIVES IMPORTS (t) INTRA-EU
1, t 12 1 BRAZIL TABLE OLIVE IMPORTS 199/91 212/13 COUNTRY tonnes 211/12 T O T A L OLIVES 8 6 4 2 199/ 91 1992/ 93 1994/ 95 1996/ 97 1998/ 9 2/ 1 22/ 3 24/ 5 26/ 7 28/ 9 21/ 11 212/ 13(est.) Spain 9.825,9 France 1,5 Greece 46, Italy 1.267,3 Portugal 1.372,7 United Kingdom 3,4 Austria,6 tonnes Monthly imports 21/11, 211/12 and 212/13 crop year s/total EU 12.517,4 15. 13. 11. 9. 21/11 211/12 212/13 +5% Argentina 75.37, Chile 44,5 United States 389,9 Peru 13.24,5 7. 5. 3. Israel,2 Japan 2,5 Lebanon 2,4 Taiwan (Formos,1 1. -1. October November December January February March April May June July August September n.d.,1 Source: Ministerio do Desenvolvimento, Industria e Comercio Exterior, Brasil TOTAL 11.414,6
1, t 1 RUSSIA TABLE OLIVE IMPORTS 2/1 212/13 tonnes 211/12 COUNTRY T O T A L 5 tonnes 12 1 8 6 4 2 2/ 1 21/ 2 22/ 3 23/ 4 24/ 5 25/ 6 26/ 7 27/ 8 28/ 9 29/ 1 21/ 11 211/ 12 212/ 13 21/11 211/12 212/13 October November December January February M arch April M ay June July August September Source: Global Trade International Monthly imports 21/11, 211/12 and 212/13 crop year +16% (est.) Germany 16,6 Austria 5,2 Spain 62.421,2 France 11,5 Greece 3.292,6 Italy 555,1 Portugal 17,4 Poland 3,7 United Kingdom 1,1 s/total UE 66.324,2 Egypt 1,7 Israel 1,3 Lebanon 2,5 Morocco 28,6 Serbia 7,8 Syria 14,8 Tunisia 83,1 Turkey 999,8 United States,4 Peru 2,2 Armenia 474,5 Azerbajian 3,7 TOTAL 67.962,8
3 25 2 15 1 5 tonnes 4 35 3 25 2 15 1 5 1, t CANADA 199/91 212/13 199/ 91 1992/ 93 1994/ 95 1996/ 97 1998/ 9 2/ 1 22/ 3 24/ 5 26/ 7 28/ 9 21/ 11 212/ 13(est.) 21/11 211/12 212/13 October November December January February M arch April M ay June July August September Source: Statistics Canada International Trade Division TABLE OLIVE IMPORTS Monthly imports 21/11, 211/12 and 212/13 crop year +13% tonnes 211/12 COUNTRY T O T A L Bulgaria,4 Spain 13.596,6 France 66,1 Greece 6.973, Italy 872,8 Netherlands, Portugal 194,9 United Kingdom 1,9 s/total EU 21.714,7 Switzerland 2,7 Algeria,3 Egypt 672,9 Iran 5,6 Israel 61,3 Jordan,7 Lebanon 341,8 Morocco 1.471,6 Syria 55,6 Tunisia 11,7 Argentina 442, Brazil,3 Canada 1,2 Chile 28,4 Ecuador, United States 1.97,6 Mexico 24,7 Peru 159,8 Bangladesh 1,5 China 32,1 Hong-Kong,6 Macau,4 Taiwan 11,3 Thailande,2 Turkey 562,2 Australia,2 Other countries 7,7 TOTAL 27.582,1
25 1, t TABLE OLIVE IMPORTS 199/91 212/13 tonnes 2 AUSTRALIA 15 1 5 tonnes 25 2 199/ 91 1992/ 93 1994/ 95 1996/ 97 1998/ 9 2/ 1 22/ 3 24/ 5 26/ 7 28/ 9 21/ 11 212/ 13(est.) 21/11 211/12 212/13 Monthly imports 21/11, 211/12 and 212/13 crop year +6% 15 1 5 October November December January February M arch April M ay June July August September Source: Australian Bureau of Statistics
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