U.S. - Olives - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingOlive Price in the United States - 2023
Contents:
- Olive Price in the United States (CIF) - 2023
- Olive Price in the United States (FOB) - 2022
- Olive Imports in the United States
- Olive Exports in the United States
Olive Price in the United States (CIF) - 2023
In October 2023, the average olive import price amounted to $1,022 per ton, rising by 4% against the previous month. In general, the import price showed a tangible expansion. The pace of growth was the most pronounced in November 2022 an increase of 354% month-to-month. Over the period under review, average import prices hit record highs at $26,358 per ton in January 2023; however, from February 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Mexico.
From October 2022 to October 2023, the rate of growth in terms of prices for Mexico amounted to +9.7% per month.
Olive Price in the United States (FOB) - 2022
The average olive export price stood at $3,280 per ton in 2022, jumping by 35% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($3,737 per ton), while the average price for exports to Mexico ($1,547 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Olive Imports in the United States
In 2022, approx. 5.9K tons of olives were imported into the United States; which is down by -22.7% compared with the year before. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 95%.
In value terms, olive imports rose rapidly to $6.5M in 2022. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 49%.
Import of Olive in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 8.6 | 3.9 | 5.8 | 6.3 | -9.9% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 8.8 | 4.0 | 5.9 | 6.5 | -9.6% |
Top Suppliers of Olive to the United States in 2022:
- Mexico (5.9K tons)
Olive Exports in the United States
In 2022, approx. 207 tons of olives were exported from the United States; declining by -46.4% on the previous year's figure. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, the exports reached the peak of 386 tons, and then dropped rapidly in the following year.
In value terms, olive exports dropped remarkably to $678K in 2022. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of $936K, and then declined dramatically in the following year.
Export of Olive in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 435 | 519 | 362 | 356 | -6.5% |
Panama | 98.8 | 79.1 | 111 | 83.7 | -5.4% |
Colombia | 211 | 134 | 32.1 | 69.7 | -30.9% |
Costa Rica | 29.1 | 29.3 | 28.3 | 23.8 | -6.5% |
Bermuda | N/A | N/A | 2.6 | 22.9 | 780.8% |
Mexico | N/A | N/A | N/A | 21.7 | 0% |
Dominican Republic | 59.1 | 38.4 | 15.5 | 20.3 | -30.0% |
Italy | N/A | N/A | 345 | N/A | 0% |
Others | 66.8 | 8.3 | 39.6 | 80.4 | 6.4% |
Total | 900 | 808 | 936 | 678 | -9.0% |
Top Export Markets for Olive from the United States in 2022:
- Canada (109.5 tons)
- Panama (22.4 tons)
- Colombia (18.8 tons)
- Mexico (14.0 tons)
- Costa Rica (10.0 tons)
- Bermuda (6.3 tons)
- Dominican Republic (5.6 tons)
This report provides an in-depth analysis of the olive market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 260 - Olives
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the olive market in the U.S..
This report provides an in-depth analysis of the pumpkin market in the U.S..
This report provides an in-depth analysis of the artichoke market in the U.S..
This report provides an in-depth analysis of the spinach market in the U.S..
This report provides an in-depth analysis of the mushroom and truffle market in the U.S..
This report provides an in-depth analysis of the maize market in the U.S..
This report provides an in-depth analysis of the eggplant market in the U.S..
This report provides an in-depth analysis of the asparagus market in the U.S..
This report provides an in-depth analysis of the chili and pepper market in the U.S..
This report provides an in-depth analysis of the global olive market.
In November 2022, the pumpkin price amounted to $1,010 per ton (CIF, US), increasing by 22% against the previous month.
In July 2022, the pumpkin price per ton amounted to $829, falling by -5% against the previous month.
In May 2022, the pumpkin price per ton amounted to $746 (CIF, US), dropping by -16.8% against the previous month.
In value terms, artichoke exports skyrocketed to $662K in March 2023.
In August 2022, the spinach price per ton amounted to $2.7K (FOB, US), with a decrease of -2.4% against the previous month.
In 2020, imports of spinach into the U.S. soared to 57K tons, risising threefold compared to 2019. In value terms, purchases skyrocketed from $49M to $77M.
Discover the thriving mushroom and truffle market in the United States, with insights into consumption volume trends, import value and price trends, and lucrative business opportunities for entrepreneurs and investors.
In May 2022, the mushroom price per ton amounted to $4,471 (CIF, US), with a decrease of -4.4% against the previous month.
In 2019, the U.S. mushroom and truffle market increased by 3.6% to $2.2B for the first time since 2016, thus ending a...
The revenue of the mushroom and truffle market in the U.S. amounted to $2B in 2017, declining by -2.6% against the previou...