OLIVE OIL TRADE – CAMPAIGN 2016/17
With regard to olive oil trade: The International Olive Oil Council (IOC) has communicated international olive oil trade data for the current olive oil campaing 2016/2017
During the first nine months of the current season (October 2016 – June 2017), imports of olive oil and olive pomace oil have increased in the following markets:
- +29% in Brasil;
- +16% in Australia;
- +14% in China;
- +8% in Rusia;
- +4% in Canadá
- +1% in Japón.
In the United States, on the other hand, imports have decreased by -5% compared to the same period of the previous campaing.
In addition, the IOC announces that it will continue promotional activities in Japan and will launch promotional campaigns in the United States and China.
International Olive Oil Council Statistics Working Group
Olive economy: the eighth meeting of the Statistics Working Group of the International Olive Oil Council will be held on 29 September. This working group is made up of experts from IOC member countries and its main mission is to monitor IOC statistics,revise world and national balances for olive oils, olive-pomace oils and table olives, and consider suggestions and
proposals to improve the quality of statistical data. During the meeting, discussions will focus, among others, on the estimates of the 2017/18 crop year, export trends, the various aspects of the current state of the olive sector, including olive surface, national plans to expand the olive sector in the next few years and trends in producer prices. In the next
issue of this Newsletter we will provide information on the estimates for the 2017/18 crop year.
Source: International Olive Council. Newsletter July-August 2017
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