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EU monthly production (MS’s communications)

DG AGRI DASHBOARD: OLIVE OIL Last update:

100

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Monthly prices of extra virgin olive oil (national averages)€/100kg

Italy

Spain

Greece

100

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250

300

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Monthly prices of virgin olive oil (national averages)

€/100kg

Italy

Spain

Greece

100

150

200

250

300

10

/20

19

11

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19

12

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19

01

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Monthly prices of lampanteolive oil (national averages) €/100kg

Italy

Spain

Greece

1 752 2 188 2 264 1 920 2 053 2 097

810

1 191 1 0411 337 979 1 064

2 562

3 379 3 3043 256 3 031 3 160

0

500

1 000

1 500

2 000

2 500

3 000

3 500

4 000

2016/17 2017/18 2018/19 2019/20 (fin.) 2020/21 (prov.) 2021/22 (for.)

OLIVE OIL PRODUCTION (1000t)non-EU

EU

WORLD

Average world 2016/17-2020/21

excl. pomace oil1 291 1 262 1 790 1 125 1 387 1 400

182429

174

366274 300195

346185

275275 230

69

135100

141100 150

1 752

2 188 2 264

1 9202 053 2 097

0

500

1 000

1 500

2 000

2 500

2016/17 2017/18 2018/19 2019/20 (fin.) 2020/21 (prov.) 2021/22 (for.)

EU OLIVE OIL PRODUCTION (1000t)

variation 2021/22 vs 2020/21

Other EU (0%)Portugal (+50%)Greece (-16%)Italy (+10%)Spain (+1%)EU (+2%)

excl. pomace oil

100325

140

440

140 220178

263

193.5

230

210215110

140

200

145

160155

110

100

154

118

115120312

363

353

404

354354

810

11911041

1337

9791064

0

200

400

600

800

1 000

1 200

1 400

2016/17 2017/18 2018/19 2019/20 (fin.) 2020/21 (prov.) 2021/22 (for.)

non-EU OLIVE OIL PRODUCTION (1000t)

variation 2021/22 vs 2020/21

Others non-EU (0%)Syrian Arab Republic (+4%)Morocco (-3%)Turkey (+2%)Tunisia (+57%)Total non-EU (9%)Average 2016/17-2020/21

2 475 2 6102 290 2 398 2 297 2 321

-800

-400

0

400

800

1 200

1 600

2 000

2 400

2 800

3 200

2015/16 2016/17 2017/18 2018/19 2019/20 Oct.20 - Aug.21

EU Structure of olive oil trade 2014-2020 with EXTRA-EU27

(EUR million)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

455631

177

359 322

531

783

631

474390

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.

2 570 2 958

3 0273 262

3 190

3 150

1 246

1 533 1 413

1 495 1 550 1 510 1 324

1 4251 614

1 7671 640 1 640

1 000

1 400

1 800

2 200

2 600

3 000

3 400

2016/17 2017/18 (fin.) 2018/19 (prov.) 2019/20 (est.) 2020/21 (for.) 2021/22 (for.)

OLIVE OIL CONSUMPTION (1000t)

WORLD EU non-EU Average world 2016/17-2020/21excl. pomace oil

28.10.2021

Sources: International Olive Council (IOC), MS declarations, Eurostat/Comext©, DG Agri estimations

0

50 000

100 000

150 000

200 000

250 000

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 oct. 2020

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

800 000

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 oct. 2020

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

2016/17 2017/182018/19

(fin.)

2019/20

(prov.)

2020/21

(est.)

Starting stocks 359 322 531 783 631

Production 1 752 2 188 2 264 1 920 2 053

Imports extra-EU 92 182 147 252 160

Exports extra-EU 616 624 709 821 820

Consumption 1 246 1 533 1 413 1 495 1 550

Ending stocks 322 531 783 631 474

Note: excl. pomace olive oil.

EU olive oil balance sheet (1000t)

327.3

420.6

320.0

EXTRA VIRGIN max. 0.8°

SPAIN €/100 kg

ITALY

GREECE

Evolution since last month

1%

-1%

Evolution since last year

55%

13%

3% 48%€/100 kg

€/100 kg

Sep-2021

293.4

244.0

216.0

€/100 kg

€/100 kg

€/100 kg

Evolution since last month

3%

1%

Evolution since last year

68%

60%

8% 80%

LAMPANTE > 2°

SPAIN

ITALY

GREECE

Sep-2021Evolution since

309.4

274.2

246.0

€/100 kg

€/100 kg

€/100 kg

Evolution since last month

2%

-2%

Evolution since last year

67%

41%

45% 54%

VIRGIN max. 2°

SPAIN

ITALY

GREECE

Sep-2021

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327.3

420.6

320.0

EXTRA VIRGIN max. 0.8°

SPAIN €/100 kg

ITALY

GREECE

Evolution since last month

1%

-1%

Evolution since last year

55%

13%

3% 48%€/100 kg

€/100 kg

Sep-2021

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Evolution since

309.4

274.2

246.0

€/100 kg

€/100 kg

€/100 kg

Evolution since last month

2%

-2%

Evolution since last year

67%

41%

45% 54%

VIRGIN max. 2°

SPAIN

ITALY

GREECE

Sep-2021

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293.4

244.0

216.0

€/100 kg

€/100 kg

€/100 kg

Evolution since last month

3%

1%

Evolution since last year

68%

60%

8% 80%

LAMPANTE > 2°

SPAIN

ITALY

GREECE

Sep-2021

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100

150

200

250

300

350

400

450

500

10

/20

19

11

/20

19

12

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19

01

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20

02

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20

03

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20

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20

05

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06

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21

07

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08

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21

09

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21

Monthly prices of extra virgin olive oil (national averages)€/100kg

Italy

Spain

Greece

back to DashboardPrevious

PageNext

100

150

200

250

300

10

/20

19

11

/20

19

12

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19

01

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20

02

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07

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08

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21

09

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21

Monthly prices of virgin olive oil (national averages)

€/100kg

Italy

Spain

Greece

back to DashboardPrevious

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100

150

200

250

300

10

/20

19

11

/20

19

12

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19

01

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20

02

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20

03

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04

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20

06

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07

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08

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09

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20

10

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11

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20

12

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01

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02

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03

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04

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05

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21

06

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21

07

/20

21

08

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21

09

/20

21

Monthly prices of lampanteolive oil (national averages) €/100kg

Italy

Spain

Greece

back to DashboardPrevious

PageNext

1 752 2 188 2 264 1 920 2 053 2 097

810

1 191 1 0411 337 979 1 064

2 562

3 379 3 3043 256 3 031 3 160

0

500

1 000

1 500

2 000

2 500

3 000

3 500

4 000

2016/17 2017/18 2018/19 2019/20 (fin.) 2020/21 (prov.) 2021/22 (for.)

OLIVE OIL PRODUCTION (1000t)non-EU

EU

WORLD

Average world 2016/17-2020/21

excl. pomace oil

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EU monthly production (MS' communications R826/2008)

1 291 1 262 1 790 1 125 1 387 1 400

182429

174

366274 300195

346185

275275 230

69

135100

141100 150

1 752

2 188 2 264

1 9202 053 2 097

0

500

1 000

1 500

2 000

2 500

2016/17 2017/18 2018/19 2019/20 (fin.) 2020/21 (prov.) 2021/22 (for.)

EU OLIVE OIL PRODUCTION (1000t)

variation 2021/22 vs 2020/21

Other EU (0%)Portugal (+50%)Greece (-16%)Italy (+10%)Spain (+1%)EU (+2%)

excl. pomace oil

back to DashboardPrevious

PageNext

100325

140

440

140 220178

263

193.5

230

210215110

140

200

145

160155

110

100

154

118

115120312

363

353

404

354354

810

11911041

1337

9791064

0

200

400

600

800

1 000

1 200

1 400

2016/17 2017/18 2018/19 2019/20 (fin.) 2020/21 (prov.) 2021/22 (for.)

non-EU OLIVE OIL PRODUCTION (1000t)

variation 2021/22 vs 2020/21

Others non-EU (0%)Syrian Arab Republic (+4%)Morocco (-3%)Turkey (+2%)Tunisia (+57%)Total non-EU (9%)Average 2016/17-2020/21

back to DashboardPrevious

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0

50 000

100 000

150 000

200 000

250 000

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 oct. 2020

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

back to DashboardPrevious

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0

100 000

200 000

300 000

400 000

500 000

600 000

700 000

800 000

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 oct. 2020

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

back to DashboardPrevious

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2 475 2 6102 290 2 398 2 297 2 321

-800

-400

0

400

800

1 200

1 600

2 000

2 400

2 800

3 200

2015/16 2016/17 2017/18 2018/19 2019/20 Oct.20 - Aug.21

EU Structure of olive oil trade 2014-2020 with EXTRA-EU27

(EUR million)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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455631

177

359 322

531

783

631

474390

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.

back to DashboardPrevious

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2 570 2 958

3 0273 262

3 190

3 150

1 246

1 533 1 413

1 495 1 550 1 510 1 324

1 4251 614

1 7671 640 1 640

1 000

1 400

1 800

2 200

2 600

3 000

3 400

2016/17 2017/18 (fin.) 2018/19 (prov.) 2019/20 (est.) 2020/21 (for.) 2021/22 (for.)

OLIVE OIL CONSUMPTION (1000t)

WORLD EU non-EU Average world 2016/17-2020/21excl. pomace oil

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2016/17 2017/182018/19

(fin.)

2019/20

(prov.)

2020/21

(est.)

2021/22

(for.)

Starting stocks 359 322 531 783 631 474

Production 1 752 2 188 2 264 1 920 2 053 2 097

Imports extra-EU 92 182 147 252 160 200

Exports extra-EU 616 624 709 821 820 870

Consumption 1 246 1 533 1 413 1 495 1 550 1 510

Ending stocks 322 531 783 631 474 390

Note: excl. pomace olive oil.

EU olive oil balance sheet (1000t)