Austria: Olive Market 2025

Olive Market Size in Austria

In 2022, the Austrian olive market decreased by -21.1% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Olive Exports

Exports from Austria

In 2022, overseas shipments of olives increased by 81% to X tons, rising for the fourth year in a row after five years of decline. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 686%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, olive exports soared to $X in 2022. Over the period under review, exports saw a strong expansion. The growth pace was the most rapid in 2020 with an increase of 521% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for olive exports from Austria, accounting for a 73% share of total exports. Moreover, olive exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), threefold. France (X tons) ranked third in terms of total exports with a 1.3% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at +79.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+11.8% per year) and France (-46.7% per year).

In value terms, the largest markets for olive exported from Austria were Germany ($X), the Netherlands ($X) and France ($X), together comprising 99% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +176.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average olive export price amounted to $X per ton, picking up by 21% against the previous year. In general, the export price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 29%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands ($X 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 the Netherlands (+53.8%), while the prices for the other major destinations experienced more modest paces of growth.

Olive Imports

Imports into Austria

In 2022, purchases abroad of olives decreased by -10% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 158% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, olive imports dropped slightly to $X in 2022. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 235% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Greece (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of olive imports to Austria, with a combined 78% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +79.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Germany ($X) and Turkey ($X) constituted the largest olive suppliers to Austria, together comprising 77% of total imports.

Greece, with a CAGR of +90.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average olive import price stood at $X per ton in 2022, with an increase of 8% against the previous year. Over the period under review, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2016 an increase of 30% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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