Report Update Nov 1, 2024

Belarus - Olives - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Olive Market 2024

Olive Market Size in Belarus

The Belarusian olive market dropped to $X in 2022, falling by -14% against the previous year. In general, consumption continues to indicate a deep setback. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Olive Production in Belarus

In value terms, olive production soared to $X in 2022 estimated in export price. Over the period under review, production posted a prominent expansion. Olive production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average olive yield in Belarus amounted to less than X kg per ha, stabilizing at the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of olives were harvested in Belarus; approximately equating the previous year's figure. In general, the harvested area continues to indicate a relatively flat trend pattern.

Olive Exports

Exports from Belarus

In 2022, overseas shipments of olives decreased by -1.5% to X kg for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 320%. Over the period under review, the exports hit record highs at X kg in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, olive exports amounted to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 176% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X kg) was the main destination for olive exports from Belarus, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at +2.5%.

In value terms, Russia ($X) also remains the key foreign market for olives exports from Belarus.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled -19.5%.

Export Prices by Country

In 2022, the average olive export price amounted to $X per ton, picking up by 14% against the previous year. Overall, the export price, however, recorded a dramatic shrinkage. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -21.5% per year.

Olive Imports

Imports into Belarus

In 2022, approx. X tons of olives were imported into Belarus; waning by -49.7% on 2021 figures. Overall, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 5,316% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, olive imports declined notably to $X in 2022. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 5,114%. As a result, imports reached the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2022, Turkey (X tons) was the main supplier of olive to Belarus, with a 95% share of total imports. Moreover, olive imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to -22.5%.

In value terms, Turkey ($X) constituted the largest supplier of olives to Belarus, comprising 86% of total imports. The second position in the ranking was taken by Russia ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at -5.5%.

Import Prices by Country

In 2022, the average olive import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price showed strong growth. The most prominent rate of growth was recorded in 2013 an increase of 225%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+47.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for olives in the world?

Spain constituted the country with the largest volume of olive consumption, accounting for 31% of total volume. Moreover, olive consumption in Spain exceeded the figures recorded by the second-largest consumer, Greece, threefold. Italy ranked third in terms of total consumption with a 9.8% share.

What are the largest producers of olives in the world?

Spain constituted the country with the largest volume of olive production, comprising approx. 31% of total volume. Moreover, olive production in Spain exceeded the figures recorded by the second-largest producer, Greece, threefold. The third position in this ranking was occupied by Italy, with a 9.7% share.

What are the leading suppliers of olives to Belarus?

In value terms, Portugal constituted the largest supplier of olive to Belarus, comprising 92% of total imports. The second position in the ranking was occupied by Turkey, with a 4.8% share of total imports.

What are the leading importers of olives from Belarus?

In value terms, Russia $115) remains the key foreign market for olive exports from Belarus.

What is the average export price for olives in Belarus?

The average olive export price stood at $166 per ton in 2021, standing approx. at the previous year.

What is the average import price for olives in Belarus?

The average olive import price stood at $1,801 per ton in 2021, waning by -15.6% against the previous year.

This report provides an in-depth analysis of the olive market in Belarus. 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:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023