Asia: Olive Market 2024

Olive Market Size in Asia

The Asian olive market dropped to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption saw a pronounced setback. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Olive Production in Asia

In value terms, olive production contracted to $X in 2022 estimated in export price. Overall, production showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The country with the largest volume of olive production was Turkey (X tons), accounting for X% of total volume. Moreover, olive production in Turkey exceeded the figures recorded by the second-largest producer, Syrian Arab Republic (X tons), twofold. Saudi Arabia (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Syrian Arab Republic (X% per year) and Saudi Arabia (X% per year).

In 2022, the average yield of olives in Asia reduced slightly to X tons per ha, which is down by X% compared with 2021 figures. Over the period under review, the yield continues to indicate a mild setback. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the olive yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of olives were harvested in Asia; remaining stable against 2021 figures. Overall, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha; afterwards, it flattened through to 2022.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Olive Exports

Exports in Asia

In 2022, shipments abroad of olives decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, olive exports dropped notably to $X in 2022. In general, exports continue to indicate a mild contraction. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Jordan (X tons) and Syrian Arab Republic (X tons) represented the key exporters of olives in Asia, together resulting at near X% of total exports. Turkey (X tons) took the next position in the ranking, distantly followed by Pakistan (X tons). All these countries together held near X% share of total exports. The United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X) remains the largest olive supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Syrian Arab Republic ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In Jordan, olive exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Syrian Arab Republic (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, shrinking by X% against the previous year. Export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, olive export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced mixed trends in the export price figures.

Olive Imports

Imports in Asia

In 2022, the amount of olives imported in Asia contracted notably to X tons, reducing by X% compared with the previous year. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, olive imports shrank sharply to $X in 2022. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Israel (X tons) represented the major importer of olives, achieving X% of total imports. Lebanon (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (X%). Oman (X tons), Kuwait (X tons), Afghanistan (X tons), Bahrain (X tons), Iraq (X tons), Maldives (X tons) and Malaysia (X tons) followed a long way behind the leaders.

Israel experienced a relatively flat trend pattern with regard to volume of imports of olives. At the same time, Afghanistan (X%), Iraq (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%), Malaysia (X%), Oman (X%), Bahrain (X%), Maldives (X%) and Lebanon (X%) illustrated a downward trend over the same period. Israel (X p.p.), Afghanistan (X p.p.), Bahrain (X p.p.), the United Arab Emirates (X p.p.), Iraq (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Lebanon saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) constitutes the largest market for imported olives in Asia, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

In Israel, olive imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :