Olive oil figures

The figures for olive oil

According to data from the International Olive Council, from 2015 to 2016 global olive oil production reached around 2.988,500 tons, an increase of 22,6% from the previous period.

Tons of oil

2014/2015
(approx.)

2015/2016
(forecast)

Produced 2.444.000 2.988.500
Consumed 2.857.500 2.989.000
Imported (without intra-community trade) 891.000 823.500
Exported (without intra-community trade) 894.000 774.000

Source: COI data – November 2015

Olive oil production and consumption data – World and EU:

Production – World

PRODUCTION

(1.000 tm)

2014/15 (prov.) 2015/16 (forecast)
Albania 11.0 10.5
Algeria 69.5 73.5
Argentina 6.0 25.0
Egypt 21.0 25.0
Iran 4.5 6.5
Israel 17.5 14.0
Jordan 23.0 29.0
Lebanon 21.0 20.0
Libya 15.5 18.0
Morocco 120.0 130.0
Montenegro 0.5 0.5
Tunisia 340.0 140.0
Turkey 170.0 143.0
EU 1,433.5 2,049.5
Uruguay 1.0 1.0
TOTAL  2,359.0 2,900.5
Saudi Arabia 3.0 3.0
Australia 19.5 18.0
Chile 15.5 16.5
USA 8.0 14.0
Palestine 24.5 22.0
Other pr.coun. 14.5 14.5
TOTAL B) 85.0 88.0
TOTAL MONDIAL WORLD 2,444.0 2,988.5

Production – EU

EU PRODUCTION (1.000 tm) 2014/15 (prov.) 2015/16 (forecast)
Cyprus 6.2 6.0
Croatia 1.0 5.6
Spain 841.2 1,300.0
France 1.9 5.5
Greece 300.0 300.0
Italy 222.0 350.0

Consumption - World

CONSUMPTION (1.000 tm) 2014/15
(prov.)
2015/16
(forecast)
Albania 12.0 12.0
Algeria 64.5 72.5
Argentina 4.0 6.0
Egypt 20.0 23.0
Iran 10.0 13.0
Iraq 6.0 6.0
Israel 20.0 20.0
Jordan 21.0 23.0
Lebanon 20.0 18.0
Libya 15.5 15.0
Morocco 120.0 120.0
Montenegro 0.5 0.5
Tunisia 30.0 35.0
Turkey 146.5 124.0
EU 1,532.0 1,615.0
Uruguay 2.0 2.0
TOTAL A) 2,150.0 2,275.5
 

Saudi Arabia

 

22.0

 

22.0

Australia 37.0 37.5
Brazil 66.5 66.5
Canada 37.5 38.5
Chile 6.0 6.0
China 31.0 31.0
USA 290.0 308.0
Japan 59.0 60.0
Mexico 14.0 14.0
Norway 4.0 4.0
Palestine 17.0 16.0
Russia 20.0 21.0
Switzerland 13.5 14.0
Taiwan 8.5 8.5
Other pronoun. 11.5 11.5
Oth.non-prod. 70.0 55.0
TOTAL B) 707.5 713.5
TOTAL MONDIAL WORLD                   2,857.5 2,989.0

Consumption - EU

EU CONSUMPTION (1.000 tm) 2014/15 (prov.) 2015/16 (forecast)
Cyprus 6.3 6.3
Croatia 4.4 7.0
Spain 490.0 490.0
France 92.9 103.0
Greece 140.0 150.0
Italy 521.0 580.8
Malta 1.3 1.2
Portugal 73.7 74.0
Slovenia 2.0 2.0
TOTAL A) 1,331.6 1,414.3
Germany 58.7 58.2
Austria 8.1 9.6
Belgium 14.9 15.3
Bulgaria 1.0 1.0
Denmark 4.7 4.7
Estonia 0.3 0.3
Finland 2.6 2.6
Hungary 1.5 1.5
Ireland 6.2 6.0
Latvia 1.4 0.8
Lithuania 0.1 0.1
Luxembourg 2.9 2.9
Netherlands 14.5 14.3
Poland 10.4 10.4
Czech. Rep. 5.4 5.4
Romania 2.5 2.2
United King. 58.9 58.7
Slovakia 0.4 0.4
Sweden 6.3 6.3
TOTAL B) 200.8 200.7
TOTAL A + B 1,532.4 1,615.0

Focus on Italian olive oil figures

According to various sources, including Istat, Ismea, AC Nielsen and data from the International Olive Council, Italian olive oil production during the 2015/2016 period will reach  approximately 350,000 tons, which is a 57% forecasted increase from over previous year.

 Tons of oil 2014/2015 2015/2016
Produced 222,000 350,000
Consumed 521,000 580,000
Imported* (10 months) 500,000 455,000
Imported (from outside of the EU) 79,000 66,000
Exported* (10 months) 321,000 270,000
Exported (outside of the EU) 208,000 220,000

Source: COI data, forecasts as of November 2015
*Source: Ismea elaboration of Istat data relative to the period January-October – February 2016

From the data found in the table above, it is apparent that Italians consume much more oil than the country produces. This has resulted in a general increase in European imports of approximately 10% over last year. Extra virgin olive oil dominates the scene with regards to both imports and exports, single-handedly representing approximately half of Italian production and 84% of total consumption. These figures make it evident that it is impossible that all olive oil in Italy is 100% Italian. Thus, there is a need to also use non-Italian olive oil in order to satisfy the demand of Italian consumers. Italy is not to able to be self-sufficient in meeting its own demand, therefore it can not meat  the international one either.