Asia-Pacific: Olive Market 2025

Olive Market Size in Asia-Pacific

The Asia-Pacific olive market fell notably to $X in 2022, waning by -20.1% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Olive Production in Asia-Pacific

In value terms, olive production fell to $X in 2022 estimated in export price. Overall, production, however, posted slight growth. The growth pace was the most rapid in 2017 with an increase of 169%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Australia (X tons) constituted the country with the largest volume of olive production, comprising approx. 88% of total volume. Moreover, olive production in Australia exceeded the figures recorded by the second-largest producer, Afghanistan (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume in Australia stood at -1.9%. The remaining producing countries recorded the following average annual rates of production growth: Afghanistan (+1.5% per year) and Taiwan (Chinese) (-0.1% per year).

In 2022, the average yield of olives in Asia-Pacific stood at X tons per ha, approximately reflecting 2021. The yield figure increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when the yield increased by 4.6%. As a result, the yield attained the peak level of X tons per ha; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of olives were harvested in Asia-Pacific; with a decrease of -27.6% compared with 2021 figures. In general, the harvested area saw a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 123% against the previous year. Over the period under review, the harvested area dedicated to olive production reached the peak figure at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Olive Exports

Exports in Asia-Pacific

In 2022, shipments abroad of olives decreased by -38.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 861%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, olive exports fell markedly to $X in 2022. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 398% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Pakistan prevails in exports structure, reaching X tons, which was approx. 76% of total exports in 2022. It was distantly followed by Myanmar (X tons), Sri Lanka (X tons) and Bangladesh (X tons), together committing a 19% share of total exports. Thailand (X tons) followed a long way behind the leaders.

Exports from Pakistan decreased at an average annual rate of -50.0% from 2012 to 2022. At the same time, Myanmar (+212.4%), Sri Lanka (+51.9%) and Bangladesh (+20.1%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +212.4% from 2012-2022. By contrast, Thailand (-37.3%) illustrated a downward trend over the same period. Pakistan (+76 p.p.), Myanmar (+7.3 p.p.), Sri Lanka (+6.7 p.p.) and Bangladesh (+4.5 p.p.) significantly strengthened its position in terms of the total exports, while Thailand saw its share reduced by -93.9% from 2012 to 2022, respectively.

In value terms, Pakistan ($X), Sri Lanka ($X) and Bangladesh ($X) were the countries with the highest levels of exports in 2022, together accounting for 85% of total exports. Thailand and Myanmar lagged somewhat behind, together accounting for a further 7.6%.

In terms of the main exporting countries, Myanmar, with a CAGR of +105.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, surging by 33% against the previous year. Overall, the export price, however, saw a abrupt contraction. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Sri Lanka ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.4%), while the other leaders experienced more modest paces of growth.

Olive Imports

Imports in Asia-Pacific

In 2022, the amount of olives imported in Asia-Pacific declined to X tons, reducing by -8.2% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 109% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, olive imports totaled $X in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Australia (X tons) and Afghanistan (X tons) represented roughly 53% of total imports in 2022. Maldives (X tons) took the next position in the ranking, followed by Malaysia (X tons) and Japan (X tons). All these countries together held approx. 26% share of total imports. Sri Lanka (X tons), Singapore (X tons), New Zealand (X tons) and Indonesia (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Afghanistan (with a CAGR of +69.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported olives in Asia-Pacific, comprising 40% of total imports. The second position in the ranking was held by Maldives ($X), with a 17% share of total imports. It was followed by Afghanistan, with a 12% share.

In Australia, olive imports increased at an average annual rate of +54.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (-7.1% per year) and Afghanistan (+50.6% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, growing by 14% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2013 when the import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Maldives ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+36.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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