South America Olive Market - Growth and Trends, Forecast to (2020 - 2025)

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South America’s economic powerhouse has become one of the fastest-growing export destinations for olive oil, and the imports of the green gold reached 74,873.8 metric tons in 2013, up by 5% from the 2011-2012 season. According to the International Olive Oil Council (IOC), EU countries represented 88% of these exports. Portugal, which shipped 42,800 metric tons to Brazil last year, enjoyed the biggest slice of the pie at 57%, followed by Spain at 25%, Italy at 6% and Greece at 1%. The remaining 12% of imports were from Argentina at 9%, Chile at 2% and miscellaneous countries 1%.

Market Dynamics

Financial woes continue to take their toll on Argentina’s olive oil industry. With inflation outpacing the devaluation of the Peso, producers are struggling to compete with Spain, Italy, and other major exporters, resulting in a structural crisis. Unlike the country’s wine industry, which benefits from a strong internal market, the olive oil industry in Argentina is largely export-based, with 75% of the roughly 30,000 metric tons of oil produced annually sold abroad. The table olive market is even more lopsided, exporting about 95% of its yearly production.

Key Players in the South American Olive Market

Verde Valley Olive Oil Traders, Insightful Traders, Melina International Trading Co., and Arianna Trading Company are a few trading companies involved in the import and export of olive oil and other olive products.

The South American Olive market report covers the following information –

  • Crop production
  • South American consumption
  • South American (export-import) scenario and statistics
  • Major enterprises and traders operating in the market
  • Price trend and seasonality of the crop
  • Future outlook of the crop market

Stakeholders who would benefit -

  • Crop growers
  • Enterprises providing agricultural inputs
  • Traders and companies operating in the segment
  • Crop processing companies
  • Crop importers and exporters
  • Investors/research institutions interested in the crop market

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