Download pdf - Italy Aug-2021 Evolution since Italy Evolution since DG

EU

Pric

es

Pro

du

cti

on

EU

Trad

eEU

Sto

cks

Con

su

mp

tion

EU

Bala

nce

Sh

eet

EU monthly production (MS’s communications)

DG AGRI DASHBOARD: OLIVE OIL Last update:

100

150

200

250

300

350

400

450

500

10

/20

19

11

/20

19

12

/20

19

01

/20

20

02

/20

20

03

/20

20

04

/20

20

05

/20

20

06

/20

20

07

/20

20

08

/20

20

09

/20

20

10

/20

20

11

/20

20

12

/20

20

01

/20

21

02

/20

21

03

/20

21

04

/20

21

05

/20

21

06

/20

21

07

/20

21

08

/20

21

09

/20

21

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

Italy

Spain

Greece

100

150

200

250

300

10/2

019

11/2

019

12/2

019

01/2

020

02/2

020

03/2

020

04/2

020

05/2

020

06/2

020

07/2

020

08/2

020

09/2

020

10/2

020

11/2

020

12/2

020

01/2

021

02/2

021

03/2

021

04/2

021

05/2

021

06/2

021

07/2

021

08/2

021

09/2

021

Monthly prices of virgin olive oil (national averages)

€/100kg

Italy

Spain

Greece

100

150

200

250

300

10

/20

19

11

/20

19

12

/20

19

01

/20

20

02

/20

20

03

/20

20

04

/20

20

05

/20

20

06

/20

20

07

/20

20

08

/20

20

09

/20

20

10

/20

20

11

/20

20

12

/20

20

01

/20

21

02

/20

21

03

/20

21

04

/20

21

05

/20

21

06

/20

21

07

/20

21

08

/20

21

09

/20

21

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


Extra EU olive oil EXPORTS per CATEGORY (t)

Cumulative quantities (permarketing year) Pomace oil (CN 1510)


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


3%

1%


68%

60%

8% 80%

LAMPANTE > 2°

SPAIN

ITALY

GREECE

Sep-2021Evolution since

309.4

274.2

246.0

€/100 kg

€/100 kg

€/100 kg


2%

-2%


67%

41%

45% 54%

VIRGIN max. 2°

SPAIN

ITALY

GREECE

Sep-2021

https://ec.europa.eu/agriculture/sites/agriculture/files/olive-oil/prices/monthly-production_en.pdf

back to DashboardPrevious

PageNext

327.3

420.6

320.0

EXTRA VIRGIN max. 0.8°

SPAIN €/100 kg

ITALY

GREECE


1%

-1%


55%

13%

3% 48%€/100 kg

€/100 kg

Sep-2021


PageNext

Evolution since

309.4

274.2

246.0

€/100 kg

€/100 kg

€/100 kg


2%

-2%


67%

41%

45% 54%

VIRGIN max. 2°

SPAIN

ITALY

GREECE

Sep-2021


PageNext

293.4

244.0

216.0

€/100 kg

€/100 kg

€/100 kg


3%

1%


68%

60%

8% 80%

LAMPANTE > 2°

SPAIN

ITALY

GREECE

Sep-2021


PageNext

100

150

200

250

300

350

400

450

500

10

/20

19

11

/20

19

12

/20

19

01

/20

20

02

/20

20

03

/20

20

04

/20

20

05

/20

20

06

/20

20

07

/20

20

08

/20

20

09

/20

20

10

/20

20

11

/20

20

12

/20

20

01

/20

21

02

/20

21

03

/20

21

04

/20

21

05

/20

21

06

/20

21

07

/20

21

08

/20

21

09

/20

21

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

Italy

Spain

Greece


PageNext

100

150

200

250

300

10

/20

19

11

/20

19

12

/20

19

01

/20

20

02

/20

20

03

/20

20

04

/20

20

05

/20

20

06

/20

20

07

/20

20

08

/20

20

09

/20

20

10

/20

20

11

/20

20

12

/20

20

01

/20

21

02

/20

21

03

/20

21

04

/20

21

05

/20

21

06

/20

21

07

/20

21

08

/20

21

09

/20

21

Monthly prices of virgin olive oil (national averages)

€/100kg

Italy

Spain

Greece


PageNext

100

150

200

250

300

10

/20

19

11

/20

19

12

/20

19

01

/20

20

02

/20

20

03

/20

20

04

/20

20

05

/20

20

06

/20

20

07

/20

20

08

/20

20

09

/20

20

10

/20

20

11

/20

20

12

/20

20

01

/20

21

02

/20

21

03

/20

21

04

/20

21

05

/20

21

06

/20

21

07

/20

21

08

/20

21

09

/20

21

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

Italy

Spain

Greece


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


PageNext

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

https://ec.europa.eu/agriculture/sites/agriculture/files/olive-oil/prices/monthly-production_en.pdf


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


PageNext

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


Extra EU olive oil IMPORTS per CATEGORY (t)

Cumulative quantities (permarketing year) Pomance oil (CN 1510)


Virgin other than lampante (CN 15091080) Extra virgin (CN15091020)

Extra virgin + virgin other that lampante (CN 15091090) Average previous 3 marketing years


PageNext

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


Extra EU olive oil EXPORTS per CATEGORY (t)

Cumulative quantities (permarketing year) Pomace oil (CN 1510)


Virgin other than lampante (CN 15091080) Extra virgin (CN 15091020)

Extra virgin + virgin other than lampante (CN 15091090) Average previous 3 marketing years


PageNext

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


PageNext

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.


PageNext

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


PageNext

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)