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Industry Snapshot

Australian table olive production for the 2013 season is estimated at 2,500 tonne, with a Gross Value of Production (GVP) est. at A$7.5 million.  Although a good production year, table olive production was down reflecting local seasonal conditions in some regions, and the closure of the largest table olive processor in NSW.

Domestic and export market conditions remain difficult for olive producers in spite of improving exchange rates, since August 2012 the Australian Dollar (AUD) has depreciated over 24%[1] against the Euro (EUR) from a high of EUR 0.86 down to EUR 0.66, thereby making imported olive products correspondingly dearer, and applying upward pressure on domestic wholesale prices.  Whilst the quality of Australian table olives is considered to be of a high standard, we are a small developing industry of mostly boutique growers that currently supply the local tourist market. These operations would need to be scaled up to reliably supply specialty continental food shops and the major retail chains.

Australian table olive exports in the 2011-2012 ABS reporting period is 143 tonne (down 60% on the 441 tonne exported in the previous reporting period), with a total value of A$0.67 million. The 19 destination countries listed include: NZ (40%), Greece (22%), China (7%), Fiji (7%), PNG (5%), UAE (5%), Indonesia (4%), Japan (3%), Singapore (3%). The average value of exports was A$4.65 per kg including: NZ ($4.86), Greece ($3.05), China ($4.17), Fiji ($4.02), PNG ($5.68), UAE ($7.90), Indonesia ($4.06), Japan ($6.15), Singapore ($4.61).

Whereas, table olive imports in the 2011-2012 ABS reporting period, were 14,851 tonne (c.f. 14,815 tonne imported in the previous reporting period), with a total value of A$40.4 million, comprising:

  • Black olives: 12,118 tonne with a total value of A$33.2 million
  • Green olives: 2,733 tonne with a total value of A$7.2 million

The 24 countries of origin include Greece (49%), Spain (28%), Turkey (5%), Italy (2%), Israel (2%), Argentina (2%) and other (12%), with the average value of imports being A$2.72 per kg, including Greece ($3.40), Spain ($1.61), Turkey ($2.48), Italy ($3.83), Israel ($1.91), Argentina ($1.82).

Australian apparent consumption of table olives (domestic production plus imports, minus exports) is around 0.7 kg / person.  Imported table olives comprise more than 85% of Australian domestic consumption. 

 

Important Info

 

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Consumer Info


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