EU

Bala

nce

Sh

et

2012/13 (final) 2013/14 (final) 2014/15* 2015/16**

Starting stocks 888 448 619 258

Production 1.462 2.483 1.434 2.050

Imports intra-EU 892 1.079 1.004 1.033

Imports extra-EU 153 53 199 133

Total imports 1.045 1.133 1.203 1.166

Total availability 3.395 4.064 3.256 3.473

Exports intra-EU 834 1.100 950 977

Exports extra-EU 491 601 504 530

Total exports 1.325 1.701 1.454 1.508

Consumption 1.621 1.731 1.532 1.616

Ending stocks 448 619 258 339 IOC marketing years Oct-Sept; excl. pomace olive oil; * provisional ** estimated; incl.refining losses

EU olive oil balance sheet

1000t

EU

Pric

es

Prod

ucti

on

EU

Trad

e

EU

Sto

cks

Con

su

mp

tion

EU

Bala

nce

Sh

eet

EU monthly production (MS' communications R826/2008)

DG AGRI DASHBOARD: OLIVE OIL Last update: 29.06.2018

2.402

3.252

2.458

3.177

2.587

3.311

1.462

2.483

1.435

2.324

1.752

2.174

936769

1.024853 835

1.137

0

500

1000

1500

2000

2500

3000

3500

2012/13 2013/14 2014/15 2015/16 2016/17 (fin.) 2017/18 (prov.)

OLIVE OIL PRODUCTION (1000t)WORLDEUnon-EUAverage world 2012/13-2016/17

excl. pomace oil

618

1.782

842

1.403 1.291 1.251

416 464222

475

182429

358

132300 320 195

346

59 92 61 10969

13511 14 9 17 14 13

1.462

2.483

1.435

2.324

1.752

2.174

0

500

1.000

1.500

2.000

2.500

3.000

2012/13 2013/14 2014/15 2015/16 2016/17 (fin.) 2017/18 (prov.)

EU OLIVE OIL PRODUCTION (1000t)

variation 2017/18 vs 2016/17

Spain (-3%)Italy (+135%)Greece (+77%)Portugal (+94%)Others EU (-5%)EU total (+24%)Average 2012/13-2016/17

excl. pomace oil

220

70

340

140 100

280

195 135160

150208

263

100

130 120 130 110 140175 180105 110 110 100

246 254299 323 307

354

936

769

1024

853 835

1137

0

200

400

600

800

1.000

1.200

2012/13 2013/14 2014/15 2015/16 2016/17 (fin.) 2017/18 (prov.)

non-EU OLIVE OIL PRODUCTION (1000t)

variation 2017/18 vs 2016/17

Tunisia (+180%)

Turkey (+26%)

Morocco (+27%)

Syrian Arab Republic (-9%)

Others non-EU (+15%)

Total non-EU (+36%)

Average 2012/13-2016/17

-

10.000

20.000

30.000

40.000

50.000

60.000

70.000

Extra EU olive oil EXPORTS per CATEGORY (t)Pomace oil (CN 1510)"Olive oil" (CN 1509900 0)Virgin lampante (CN 150910 10)Virgin other than lampante (CN 15091080)Extra virgin (CN 15091020)Extra virgin + virgin other than lampante (CN 15091090)Average previous 3 marketing years

-

5.000

10.000

15.000

20.000

25.000

30.000

35.000

Extra EU olive oil IMPORTS per CATEGORY (t)

Pomace oil (CN 1510)"Olive oil" (CN 1509900 0)Virgin lampante (CN 150910 10)Virgin other than lampante (CN 15091080)Extra virgin (CN150910 20)Extra virgin + virgin other than lampante (CN 15091090)Average previous 3 marketing years

-800

-400

0

400

800

1200

1600

2000

2400

2800

EU Structure of olive oil trade 2007-2017 with EXTRA-EU28 (Mio Eur)

periods October-September Export virgin lampante

Export pomace

Export "olive oil"

Export extra virgin+virginother than lampante

Import virgin lampante

Import "olive oil"

Import extra virgin+virginother than lampante

Import pomace

TRADE BALANCE

632688

894

455631

211

440

320

433

0

200

400

600

800

1000 EU Olive oil ending stocks(1000t) enging stocks

Average last 5 years

Ending stocks on 30.9.; excl. olive pomace oil

2.902 3.061 3.086 2.989 3.076 2.916 2.980 2.725

2.978

1.830 1.862 1.787 1.620 1.726 1.605 1.660 1.399

1.574

-

500

1.000

1.500

2.000

2.500

3.000

3.500

World & EU olive oil consumption(1000t)

World EU

IOC marketing years Oct-Sept; excl. pomace olive oil

150

250

350

450

550

650

10/2

014

12/2

014

02/2

015

04/2

015

06/2

015

08/2

015

10/2

015

12/2

015

02/2

016

04/2

016

06/2

016

08/2

016

10/2

016

12/2

016

02/2

017

04/2

017

06/2

017

08/2

017

10/2

017

12/2

017

02/2

018

04/2

018

Average monthly prices of extra virgin olive oil in the most representative EU markets

€/100kg

Italy - Bari Spain - Jaen Greece - Chania150

200

250

300

350

400

450

10/2

014

12/2

014

02/2

015

04/2

015

06/2

015

08/2

015

10/2

015

12/2

015

02/2

016

04/2

016

06/2

016

08/2

016

10/2

016

12/2

016

02/2

017

04/2

017

06/2

017

08/2

017

10/2

017

12/2

017

02/2

018

04/2

018

Average monthly prices of virgin olive oil in the most representative EU markets

€/100kg

Italy - Bari Spain - Jaen Greece - Chania150

200

250

300

350

400

Average monthly prices of lampante olive oil in the most representative EU markets

€/100kg

Italy - Lecce Spain - Jaen Greece - Chania

back to DashboardPrevious

PageNext

back to DashboardPrevious

PageNext

back to DashboardPrevious

PageNext

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

150

250

350

450

550

650

10/2

014

12/2

014

02/2

015

04/2

015

06/2

015

08/2

015

10/2

015

12/2

015

02/2

016

04/2

016

06/2

016

08/2

016

10/2

016

12/2

016

02/2

017

04/2

017

06/2

017

08/2

017

10/2

017

12/2

017

02/2

018

04/2

018

Average monthly prices of extra virgin olive oil in the most representative EU markets

€/100kg

Italy - Bari Spain - Jaen Greece - Chania

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

150

200

250

300

350

400

450

10/2

014

12/2

014

02/2

015

04/2

015

06/2

015

08/2

015

10/2

015

12/2

015

02/2

016

04/2

016

06/2

016

08/2

016

10/2

016

12/2

016

02/2

017

04/2

017

06/2

017

08/2

017

10/2

017

12/2

017

02/2

018

04/2

018

Average monthly prices of virgin olive oil in the most representative EU markets

€/100kg

Italy - Bari Spain - Jaen Greece - Chania

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

150

200

250

300

350

400

Average monthly prices of lampante olive oil in the most representative EU markets

€/100kg

Italy - Lecce Spain - Jaen Greece - Chania

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

2.402

3.252

2.458

3.177

2.587

3.311

1.462

2.483

1.435

2.324

1.752

2.174

936769

1.024853 835

1.137

0

500

1000

1500

2000

2500

3000

3500

2012/13 2013/14 2014/15 2015/16 2016/17 (fin.) 2017/18 (prov.)

OLIVE OIL PRODUCTION (1000t)WORLDEUnon-EUAverage world 2012/13-2016/17

excl. pomace oil

back to DashboardPrevious

PageNext

EU monthly production (MS' communications R826/2008)

618

1.782

842

1.403 1.291 1.251

416 464222

475

182429

358

132300 320 195

346

59 92 61 10969

13511 14 9 17 14 13

1.462

2.483

1.435

2.324

1.752

2.174

0

500

1.000

1.500

2.000

2.500

3.000

2012/13 2013/14 2014/15 2015/16 2016/17 (fin.) 2017/18 (prov.)

EU OLIVE OIL PRODUCTION (1000t)

variation 2017/18 vs 2016/17

Spain (-3%)Italy (+135%)Greece (+77%)Portugal (+94%)Others EU (-5%)EU total (+24%)Average 2012/13-2016/17

excl. pomace oil

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

220

70

340

140 100

280

195 135160

150208

263

100

130 120 130 110 140175 180105 110 110 100

246 254299 323 307

354

936

769

1024

853 835

1137

0

200

400

600

800

1.000

1.200

2012/13 2013/14 2014/15 2015/16 2016/17 (fin.) 2017/18 (prov.)

non-EU OLIVE OIL PRODUCTION (1000t)

variation 2017/18 vs 2016/17

Tunisia (+180%)

Turkey (+26%)

Morocco (+27%)

Syrian Arab Republic (-9%)

Others non-EU (+15%)

Total non-EU (+36%)

Average 2012/13-2016/17

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

-

5.000

10.000

15.000

20.000

25.000

30.000

35.000

Extra EU olive oil IMPORTS per CATEGORY (t)

Pomace oil (CN 1510)"Olive oil" (CN 1509900 0)Virgin lampante (CN 150910 10)Virgin other than lampante (CN 15091080)Extra virgin (CN150910 20)Extra virgin + virgin other than lampante (CN 15091090)Average previous 3 marketing years

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

-

10.000

20.000

30.000

40.000

50.000

60.000

70.000

Extra EU olive oil EXPORTS per CATEGORY (t)Pomace oil (CN 1510)"Olive oil" (CN 1509900 0)Virgin lampante (CN 150910 10)Virgin other than lampante (CN 15091080)Extra virgin (CN 15091020)Extra virgin + virgin other than lampante (CN 15091090)Average previous 3 marketing years

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

-800

-400

0

400

800

1200

1600

2000

2400

2800

EU Structure of olive oil trade 2007-2017 with EXTRA-EU28 (Mio Eur)

periods October-September Export virgin lampante

Export pomace

Export "olive oil"

Export extra virgin+virginother than lampante

Import virgin lampante

Import "olive oil"

Import extra virgin+virginother than lampante

Import pomace

TRADE BALANCE

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

632688

894

455631

211

440

320

433

0

200

400

600

800

1000 EU Olive oil ending stocks(1000t) enging stocks

Average last 5 years

Ending stocks on 30.9.; excl. olive pomace oil

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext

2.902 3.061 3.086 2.989 3.076 2.916 2.980 2.725

2.978

1.830 1.862 1.787 1.620 1.726 1.605 1.660 1.399

1.574

-

500

1.000

1.500

2.000

2.500

3.000

3.500

World & EU olive oil consumption(1000t)

World EU

IOC marketing years Oct-Sept; excl. pomace olive oil

\\net1.cec.eu.int\AGRI\C\4\C5 DATA\5. CEREALES\DASHBOARD\Dashboard_Cereals_Blue.xlsx - 'Dashboard (2)'!W64

back to DashboardPrevious

PageNext