Report Update May 1, 2025

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

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Uruguay: Olive Market 2025

Olive Market Size in Uruguay

The Uruguayan olive market reduced modestly to $X in 2022, leveling off at the previous year. Over the period under review, consumption continues to indicate a strong expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Olive Production in Uruguay

In value terms, olive production contracted slightly to $X in 2022 estimated in export price. In general, production saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 625% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

The average yield of olives in Uruguay skyrocketed to X tons per ha in 2022, growing by 39% against the previous year. Overall, the yield recorded prominent growth. The pace of growth was the most pronounced in 2019 when the yield increased by 667% against the previous year. The olive yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of olives in Uruguay contracted notably to X ha, falling by -24.7% compared with 2021. Overall, the harvested area, however, recorded a temperate increase. The growth pace was the most rapid in 2021 with an increase of 98%. Over the period under review, the harvested area dedicated to olive production reached the maximum at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Olive Exports

Exports from Uruguay

In 2017, olive exports from Uruguay stood at X kg, remaining constant against 2016. Over the period under review, exports showed a precipitous shrinkage. The smallest decline of -66.7% was in 2013. The exports peaked at X kg in 2012; however, from 2013 to 2017, the exports failed to regain momentum.

In value terms, olive exports stood at $X in 2017. In general, exports recorded a dramatic downturn. The smallest decline of -74.7% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2017, the exports remained at a lower figure.

Exports by Country

Spain (X kg) was the main destination for olive exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to Spain was relatively modest.

From 2012 to 2017, the average annual growth rate of value to Spain was relatively modest.

Export Prices by Country

The average olive export price stood at $X per ton in 2017, approximately equating the previous year. In general, the export price showed a significant expansion. The pace of growth was the most pronounced in 2013 when the average export price decreased by -24.2%. Over the period under review, the average export prices hit record highs in 2017 and is expected to retain growth in the immediate term.

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

From 2012 to 2017, the rate of growth in terms of prices for Iceland amounted to 0.0% per year.

Olive Imports

Imports into Uruguay

In 2021, overseas purchases of olives decreased by 0% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep setback. The growth pace was the most rapid in 2019 when imports increased by 47% 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 somewhat lower figure.

In value terms, olive imports totaled $X in 2021. In general, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 when imports increased by 45% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

From 2018 to 2021, the average annual growth rate of volume from No country was relatively modest.

From 2018 to 2021, the average annual growth rate of value from No country was relatively modest.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for olives in the world?

Spain remains the largest olive consuming country worldwide, comprising approx. 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, accounting for 31% of total volume. Moreover, olive production in Spain exceeded the figures recorded by the second-largest producer, Greece, threefold. Italy ranked third in terms of total production with a 9.7% share.

What are the leading suppliers of olives to Uruguay?

In value terms, Greece constituted the largest supplier of olive to Uruguay.

What is the average export price for olives in Uruguay?

In 2017, the average olive export price amounted to $5,071 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for olives in Uruguay?

The average olive import price stood at $1,896 per ton in 2021, therefore, remained relatively stable against the previous year.

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

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024