Southern Asia: Olive Market 2025

Olive Market Size in Southern Asia

The South Asian olive market rose to $X in 2022, picking up by 2% against the previous year. The market value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Olive Production in Southern Asia

In value terms, olive production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by 52%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Afghanistan (X tons) constituted the country with the largest volume of olive production, comprising approx. 96% of total volume. Moreover, olive production in Afghanistan exceeded the figures recorded by the second-largest producer, Pakistan (X tons), more than tenfold.

In Afghanistan, olive production expanded at an average annual rate of +1.5% over the period from 2012-2022.

In 2022, the average olive yield in Southern Asia reduced to X tons per ha, which is down by -4.2% against 2021. The yield figure increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 9.1%. As a result, the yield reached the peak level of X tons per ha, and then fell 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 Southern Asia totaled X ha, remaining stable against 2021 figures. Over the period under review, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 0.7% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2019 to 2022, the growth of the olive harvested area failed to regain momentum.

Olive Exports

Exports in Southern Asia

In 2022, shipments abroad of olives decreased by -44.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,455% against the previous year. As a result, the exports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, olive exports fell dramatically to $X in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,099%. As a result, the exports attained the peak of $X, and then dropped sharply in the following year.

Exports by Country

Pakistan prevails in exports structure, resulting at X tons, which was approx. 86% of total exports in 2022. Sri Lanka (X tons) held the second position in the ranking, followed by Bangladesh (X tons). All these countries together held near 13% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to olive exports from Pakistan stood at -50.0%. At the same time, Sri Lanka (+51.9%) and Bangladesh (+20.1%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +51.9% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by +86 percentage points.

In value terms, the largest olive supplying countries in Southern Asia were Pakistan ($X), Sri Lanka ($X) and Bangladesh ($X), with a combined 100% share of total exports.

Sri Lanka, with a CAGR of +58.5%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, increasing by 34% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2017 when the export price increased by 58% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Pakistan ($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%).

Olive Imports

Imports in Southern Asia

In 2022, the amount of olives imported in Southern Asia reduced markedly to X tons, which is down by -30.8% against the previous year's figure. Overall, imports, however, saw a slight increase. The growth pace was the most rapid in 2021 with an increase of 240% against the previous year. As a result, imports reached the peak of X tons, and then declined markedly in the following year.

In value terms, olive imports contracted notably to $X in 2022. Over the period under review, imports saw a noticeable downturn. The pace of growth was the most pronounced in 2021 when imports increased by 423% against the previous year. As a result, imports attained the peak of $X, and then reduced rapidly in the following year.

Imports by Country

In 2022, Afghanistan (X tons) was the main importer of olives, mixing up 56% of total imports. Maldives (X tons) took a 27% share (based on physical terms) of total imports, which put it in second place, followed by Sri Lanka (11%). The following importers - Pakistan (X tons) and Bangladesh (X tons) - each reached a 3.8% share of total imports.

Afghanistan was also the fastest-growing in terms of the olives imports, with a CAGR of +69.5% from 2012 to 2022. At the same time, Bangladesh (+31.0%) and Pakistan (+27.8%) displayed positive paces of growth. By contrast, Sri Lanka (-6.6%) and Maldives (-7.5%) illustrated a downward trend over the same period. While the share of Afghanistan (+56 p.p.), Pakistan (+1.9 p.p.) and Bangladesh (+1.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sri Lanka (-14.4 p.p.) and Maldives (-42.3 p.p.) displayed negative dynamics.

In value terms, Maldives ($X), Afghanistan ($X) and Sri Lanka ($X) constituted the countries with the highest levels of imports in 2022, with a combined 95% share of total imports.

Among the main importing countries, Afghanistan, with a CAGR of +50.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, dropping by -8.8% against the previous year. In general, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 54% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+5.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :