Africa: Olive Market 2025

Olive Market Size in Africa

The African olive market expanded rapidly to $X in 2022, with an increase of 12% against the previous year. Overall, consumption showed a remarkable increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Olive Production in Africa

In value terms, olive production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant increase. The growth pace was the most rapid in 2018 when the production volume increased by 81% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Morocco (X tons), Tunisia (X tons) and Egypt (X tons), together comprising 78% of total production. Algeria and Libya lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Algeria (with a CAGR of +8.5%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average olive yield in Africa surged to X tons per ha, growing by 19% compared with the year before. The yield indicated temperate growth from 2012 to 2022: its figure increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, olive yield decreased by -14.6% against 2018 indices. The growth pace was the most rapid in 2018 when the yield increased by 43%. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2022, the growth of the olive yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the olive harvested area in Africa reduced to X ha, almost unchanged from the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the harvested area increased by 7.6% against the previous year. Over the period under review, the harvested area dedicated to olive production reached the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Olive Exports

Exports in Africa

In 2022, after three years of decline, there was significant growth in overseas shipments of olives, when their volume increased by 106% to X tons. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 186% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, olive exports surged to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Egypt (X tons) represented the main exporter of olives, mixing up 59% of total exports. South Africa (X tons) held the second position in the ranking, followed by Morocco (X tons) and Algeria (X tons). All these countries together held near 40% share of total exports.

Egypt experienced a relatively flat trend pattern with regard to volume of exports of olives. At the same time, Morocco (+178.6%) and Algeria (+35.6%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of +178.6% from 2012-2022. South Africa experienced a relatively flat trend pattern. While the share of Egypt (+59 p.p.), Morocco (+15 p.p.) and Algeria (+6.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (-24.7 p.p.) displayed negative dynamics.

In value terms, Egypt ($X) emerged as the largest olive supplier in Africa, comprising 69% of total exports. The second position in the ranking was held by South Africa ($X), with a 15% share of total exports. It was followed by Morocco, with a 9.7% share.

In Egypt, olive exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (-2.8% per year) and Morocco (+203.8% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, growing by 30% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, olive export price increased by +41.0% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 41%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+9.1%), while the other leaders experienced mixed trends in the export price figures.

Olive Imports

Imports in Africa

In 2022, the amount of olives imported in Africa reduced slightly to X tons, which is down by -4.2% against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 90% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, olive imports contracted to $X in 2022. In general, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014 with an increase of 63% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sudan (X tons) was the largest importer of olives, making up 44% of total imports. It was distantly followed by Angola (X tons) and Togo (X tons), together constituting a 26% share of total imports. The following importers - Namibia (X tons), Senegal (X tons), Libya (X tons), Mauritania (X tons), Tanzania (X tons), Cote d'Ivoire (X tons), Mozambique (X tons), Djibouti (X tons), Sao Tome and Principe (X tons) and Cameroon (X tons) - together made up 20% of total imports.

Imports into Sudan increased at an average annual rate of +13.0% from 2012 to 2022. At the same time, Togo (+74.7%), Mauritania (+57.2%), Cameroon (+24.5%), Senegal (+23.6%), Namibia (+18.5%), Tanzania (+11.2%), Sao Tome and Principe (+10.4%), Djibouti (+7.3%), Mozambique (+6.2%) and Angola (+2.5%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in Africa, with a CAGR of +74.7% from 2012-2022. By contrast, Cote d'Ivoire (-11.2%) and Libya (-12.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sudan, Togo, Angola, Namibia, Mauritania, Senegal and Mozambique increased by +32, +6.5, +4.9, +2.4, +2.1, +2.1 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sudan ($X), Angola ($X) and Togo ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 64% of total imports.

In terms of the main importing countries, Togo, with a CAGR of +74.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, falling by -4.3% against the previous year. Over the period under review, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the import price increased by 13%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Namibia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Libya (+1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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