Australia and Oceania: Olive Market 2025

Olive Market Size in Australia and Oceania

The olive market in Australia and Oceania declined rapidly to $X in 2022, with a decrease of -22.8% against the previous year. Overall, consumption saw a mild slump. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Olive Production in Australia and Oceania

In value terms, olive production reduced to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 181% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Australia (X tons) remains the largest olive producing country in Australia and Oceania, accounting for 99.9% of total volume.

In Australia, olive production decreased by an average annual rate of -1.9% over the period from 2012-2022.

In 2022, the average yield of olives in Australia and Oceania contracted to X tons per ha, standing approx. at 2021 figures. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 2.2%. Over the period under review, the olive yield reached the maximum level at X tons per ha in 2021, and then contracted modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of olives production in Australia and Oceania reduced notably to X ha, waning by -29% on 2021 figures. In general, the harvested area recorded a perceptible curtailment. The growth pace was the most rapid in 2021 when the harvested area increased by 138%. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Olive Exports

Exports in Australia and Oceania

In 2022, olive exports in Australia and Oceania reduced rapidly to X tons, dropping by -28.2% on the previous year. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 527%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, olive exports plummeted to $X in 2022. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 256% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, reaching X tons, which was near 97% of total exports in 2022. New Zealand (X kg) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to olive exports from Australia stood at -17.4%. New Zealand (-8.0%) illustrated a downward trend over the same period. While the share of New Zealand (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-1.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest olive supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 12% share of total exports.

In Australia, olive exports shrank by an average annual rate of -11.9% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, reducing by -16.4% against the previous year. Overall, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 142% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+14.8%).

Olive Imports

Imports in Australia and Oceania

In 2022, olive imports in Australia and Oceania soared to X tons, jumping by 40% against 2021. In general, imports showed a perceptible expansion. The growth pace was the most rapid in 2014 with an increase of 178% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, olive imports skyrocketed to $X in 2022. Overall, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia dominates imports structure, reaching X tons, which was near 86% of total imports in 2022. It was distantly followed by New Zealand (X tons), generating an 8.1% share of total imports. New Caledonia (X tons) took a minor share of total imports.

Australia was also the fastest-growing in terms of the olives imports, with a CAGR of +13.4% from 2012 to 2022. New Caledonia (-11.6%) and New Zealand (-14.1%) illustrated a downward trend over the same period. Australia (+52 p.p.) significantly strengthened its position in terms of the total imports, while New Caledonia and New Zealand saw its share reduced by -11.9% and -42.6% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported olives in Australia and Oceania, comprising 89% of total imports. The second position in the ranking was held by New Zealand ($X), with a 5.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +54.9%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-9.6% per year) and New Caledonia (-11.7% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, surging by 101% against the previous year. Over the period under review, the import price posted prominent growth. The pace of growth was the most pronounced in 2013 an increase of 191%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Caledonia ($X per ton), while New Zealand ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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