Northern America: Preserved Olive Market 2025

Preserved Olive Market Size in Northern America

After two years of growth, the North American preserved olive market decreased by -3.1% to $X in 2021. Over the period under review, consumption, however, enjoyed resilient growth. Over the period under review, the market reached the peak level at $X in 2020, and then shrank in the following year.

Preserved Olive Production in Northern America

In value terms, preserved olive production dropped to $X in 2021 estimated in export price. Overall, production, however, enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 122% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Preserved Olive Exports

Exports in Northern America

In 2021, preserved olive exports in Northern America stood at X tons, remaining stable against the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 40% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved olive exports totaled $X in 2021. In general, exports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2014 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States dominates exports structure, recording X tons, which was approx. 98% of total exports in 2021. Canada (X tons) followed a long way behind the leaders.

The United States experienced a relatively flat trend pattern with regard to volume of exports of olives prepared or preserved. Canada (-12.2%) illustrated a downward trend over the same period. While the share of the United States (+3.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Canada (-3.7 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest preserved olive supplier in Northern America, comprising 96% of total exports. The second position in the ranking was held by Canada ($X), with a 3.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States was relatively modest.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by 7.5% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.2%).

Preserved Olive Imports

Imports in Northern America

In 2021, the amount of olives prepared or preserved imported in Northern America stood at X tons, increasing by 11% on 2020. The total import volume increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 12% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved olive imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

The United States was the largest importing country with an import of about X tons, which resulted at 82% of total imports. It was distantly followed by Canada (X tons), committing an 18% share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of olives prepared or preserved. At the same time, Canada (+3.3%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +3.3% from 2012-2021. Canada (+2.8 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -2.8% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported olives prepared or preserved in Northern America, comprising 88% of total imports. The second position in the ranking was taken by Canada ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +1.6%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, remaining stable against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 10% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.7%).

Source: IndexBox Platform

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