The World Market for Olive Oil: A 2016 Global Trade Perspective

This report was created for strategic planners, international executives and import/export managers who are concerned with the market for olive oil. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics that appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for olive oil for those countries serving the world market via exports or supplying from various countries via imports. I do so for the current year based on a variety of key historical indicators and econometric models. On the demand side, exporters and strategic planners approaching the world market face a number of questions. Which countries are supplying olive oil? What is the dollar value of these imports? How much do the imports of olive oil vary from one country to another? Do exporters serving the world market have similar market shares across the importing countries? Which countries supply the most exports of olive oil? Which countries are buying their exports? What is the value of these exports and which countries are the largest buyers?

1 METHODOLOGY 10 1.1 Our Approach 10 2 THE WORLD MARKET 13 2.1 Exports 13 2.1.1 The World Market: Olive Oil Export Supplies in 2016 13 2.2 Imports 15 2.2.1 The World Market: Imported Olive Oil in 2016 15 3 EXPORTS 19 3.1 Africa: Export Supplies of Olive Oil 19 3.1.1 Executive Summary 19 3.1.2 Algeria 22 3.1.3 Botswana 23 3.1.4 Egypt 23 3.1.5 Morocco 24 3.1.6 South Africa 24 3.1.7 Tunisia 25 3.2 Asia: Export Supplies of Olive Oil 26 3.2.1 Executive Summary 26 3.2.2 China 30 3.2.3 Hong Kong 30 3.2.4 India 30 3.2.5 Indonesia 31 3.2.6 Japan 31 3.2.7 Malaysia 31 3.2.8 Singapore 32 3.2.9 South Korea 32 3.2.10 Taiwan 32 3.2.11 Thailand 33 3.3 Europe: Export Supplies of Olive Oil 33 3.3.1 Executive Summary 33 3.3.2 Austria 38 3.3.3 Belgium 39 3.3.4 Bulgaria 40 3.3.5 Croatia 40 3.3.6 Cyprus 40 3.3.7 Czech Republic 41 3.3.8 Denmark 41 3.3.9 Estonia 41 3.3.10 Finland 42 3.3.11 France 43 3.3.12 Germany 44 3.3.13 Greece 45 3.3.14 Hungary 46 3.3.15 Ireland 46 3.3.16 Italy 47 3.3.17 Latvia 48 3.3.18 Lithuania 48 3.3.19 Luxembourg 48 3.3.20 Malta 48 3.3.21 Poland 49 3.3.22 Portugal 50 3.3.23 Romania 51 3.3.24 Russia 51 3.3.25 Slovakia 51 3.3.26 Slovenia 51 3.3.27 Spain 52 3.3.28 Sweden 53 3.3.29 Switzerland 53 3.3.30 the Netherlands 54 3.3.31 the United Kingdom 55 3.4 Latin America: Export Supplies of Olive Oil 56 3.4.1 Executive Summary 56 3.4.2 Argentina 60 3.4.3 Brazil 60 3.4.4 Chile 61 3.4.5 Guatemala 61 3.4.6 Mexico 61 3.4.7 Panama 62 3.4.8 Peru 62 3.5 North America & the Caribbean: Export Supplies of Olive Oil 62 3.5.1 Executive Summary 62 3.5.2 Antigua and Barbuda 65 3.5.3 Canada 66 3.5.4 Dominican Republic 66 3.5.5 the United States 67 3.6 Oceana: Export Supplies of Olive Oil 68 3.6.1 Executive Summary 68 3.6.2 Australia 71 3.6.3 New Zealand 71 3.7 the Middle East: Export Supplies of Olive Oil 72 3.7.1 Executive Summary 72 3.7.2 Azerbaijan 75 3.7.3 Israel 76 3.7.4 Jordan 76 3.7.5 Lebanon 77 3.7.6 Qatar 77 3.7.7 Saudi Arabia 78 3.7.8 Syrian Arab Republic 78 3.7.9 the United Arab Emirates 79 3.7.10 Turkey 80 4 IMPORTS 81 4.1 Africa: Olive Oil Imports in 2016 81 4.1.1 Executive Summary 81 4.1.2 Algeria 84 4.1.3 Botswana 85 4.1.4 Burkina Faso 85 4.1.5 Cameroon 85 4.1.6 Cape Verde 86 4.1.7 Cote d'Ivoire 86 4.1.8 Egypt 87 4.1.9 Ethiopia 87 4.1.10 Ghana 88 4.1.11 Kenya 88 4.1.12 Madagascar 88 4.1.13 Malawi 89 4.1.14 Mali 89 4.1.15 Mauritania 89 4.1.16 Mauritius 90 4.1.17 Morocco 90 4.1.18 Mozambique 90 4.1.19 Niger 91 4.1.20 Nigeria 91 4.1.21 Sao Tome E Principe 91 4.1.22 Senegal 92 4.1.23 South Africa 92 4.1.24 Tanzania 92 4.1.25 Togo 93 4.1.26 Tunisia 93 4.1.27 Uganda 93 4.1.28 Zambia 94 4.1.29 Zimbabwe 94 4.2 Asia: Olive Oil Imports in 2016 94 4.2.1 Executive Summary 94 4.2.2 China 99 4.2.3 Hong Kong 100 4.2.4 India 100 4.2.5 Indonesia 101 4.2.6 Japan 101 4.2.7 Macau 102 4.2.8 Malaysia 102 4.2.9 Maldives 103 4.2.10 Nepal 103 4.2.11 Philippines 103 4.2.12 Singapore 104 4.2.13 South Korea 105 4.2.14 Sri Lanka 105 4.2.15 Taiwan 106 4.2.16 Thailand 106 4.3 Europe: Olive Oil Imports in 2016 107 4.3.1 Executive Summary 107 4.3.2 Albania 110 4.3.3 Austria 111 4.3.4 Belarus 111 4.3.5 Belgium 112 4.3.6 Bosnia and Herzegovina 112 4.3.7 Bulgaria 113 4.3.8 Croatia 113 4.3.9 Cyprus 114 4.3.10 Czech Republic 114 4.3.11 Denmark 115 4.3.12 Estonia 115 4.3.13 Finland 116 4.3.14 France 117 4.3.15 Georgia 117 4.3.16 Germany 118 4.3.17 Greece 119 4.3.18 Hungary 119 4.3.19 Iceland 120 4.3.20 Ireland 120 4.3.21 Italy 121 4.3.22 Kazakhstan 122 4.3.23 Latvia 122 4.3.24 Lithuania 123 4.3.25 Luxembourg 123 4.3.26 Malta 124 4.3.27 Moldova 124 4.3.28 Norway 125 4.3.29 Poland 125 4.3.30 Portugal 126 4.3.31 Romania 126 4.3.32 Russia 127 4.3.33 Slovakia 127 4.3.34 Slovenia 128 4.3.35 Spain 129 4.3.36 Sweden 130 4.3.37 Switzerland 131 4.3.38 the Netherlands 132 4.3.39 the United Kingdom 133 4.3.40 Ukraine 134 4.4 Latin America: Olive Oil Imports in 2016 134 4.4.1 Executive Summary 134 4.4.2 Argentina 138 4.4.3 Belize 139 4.4.4 Bolivia 139 4.4.5 Brazil 140 4.4.6 Chile 140 4.4.7 Colombia 141 4.4.8 Costa Rica 141 4.4.9 Ecuador 142 4.4.10 El Salvador 142 4.4.11 Guatemala 142 4.4.12 Guyana 143 4.4.13 Mexico 143 4.4.14 Nicaragua 143 4.4.15 Panama 144 4.4.16 Paraguay 144 4.4.17 Peru 145 4.4.18 Suriname 145 4.4.19 Venezuela 146 4.5 North America & the Caribbean: Olive Oil Imports in 2016 146 4.5.1 Executive Summary 146 4.5.2 Antigua and Barbuda 150 4.5.3 Aruba 151 4.5.4 Barbados 151 4.5.5 Bermuda 151 4.5.6 Canada 152 4.5.7 Dominica 152 4.5.8 Dominican Republic 153 4.5.9 Jamaica 153 4.5.10 St. Vincent and the Grenadines 153 4.5.11 the Bahamas 154 4.5.12 the United States 155 4.6 Oceana: Olive Oil Imports in 2016 156 4.6.1 Executive Summary 156 4.6.2 Australia 160 4.6.3 French Polynesia 160 4.6.4 New Caledonia 161 4.6.5 New Zealand 161 4.7 the Middle East: Olive Oil Imports in 2016 161 4.7.1 Executive Summary 161 4.7.2 Armenia 165 4.7.3 Azerbaijan 166 4.7.4 Bahrain 166 4.7.5 Iran 167 4.7.6 Israel 167 4.7.7 Kyrgyzstan 168 4.7.8 Lebanon 168 4.7.9 Oman 168 4.7.10 Pakistan 169 4.7.11 Qatar 169 4.7.12 Saudi Arabia 170 4.7.13 the United Arab Emirates 171 4.7.14 Turkey 171 5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 172 5.1 Disclaimers & Safe Harbor 172 5.2 ICON Group International, Inc. User Agreement Provisions 173