Ukraine - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVirgin Olive Oil Price in Ukraine - 2022
Contents:
- Virgin Olive Oil Price in Ukraine (CIF) - 2022
- Virgin Olive Oil Price in Ukraine (FOB) - 2022
- Virgin Olive Oil Imports in Ukraine
- Virgin Olive Oil Exports in Ukraine
Virgin Olive Oil Price in Ukraine (CIF) - 2022
The average virgin olive oil import price stood at $6,473 per ton in December 2022, with an increase of 13% against the previous month. Over the period under review, the import price continues to indicate a mild expansion. The most prominent rate of growth was recorded in June 2022 an increase of 39% m-o-m. Over the period under review, average import prices attained the peak figure in December 2022.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Greece ($7,434 per ton) and Spain ($6,407 per ton), while the price for Poland ($5,706 per ton) and Italy ($6,212 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Virgin Olive Oil Price in Ukraine (FOB) - 2022
In 2022, the average virgin olive oil export price amounted to $2,932 per ton, shrinking by -1.6% against the previous year. Over the period under review, the export price faced a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 214%. As a result, the export price reached the peak level of $14,883 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($3,098 per ton), while the average price for exports to the United Arab Emirates amounted to $2,625 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+53.9%), while the prices for the other major destinations experienced a decline.
Virgin Olive Oil Imports in Ukraine
In 2022, supplies from abroad of virgin olive oil decreased by -55.9% to 1.4K tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 57% against the previous year. As a result, imports reached the peak of 3.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, virgin olive oil imports fell sharply to $7.8M in 2022. Overall, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 39%.
Import of Virgin Olive Oil in Ukraine (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.6 | 6.9 | 6.5 | 3.0 | -5.9% |
Spain | 3.0 | 3.0 | 3.8 | 2.6 | -4.7% |
Greece | 2.6 | 2.8 | 3.9 | 1.6 | -14.9% |
Poland | 0.7 | 0.8 | 0.6 | 0.4 | -17.0% |
Estonia | N/A | N/A | N/A | N/A | 0% |
Others | 0.3 | 0.6 | 0.7 | 0.1 | -30.7% |
Total | 10.2 | 14.1 | 15.5 | 7.8 | -8.6% |
Top Suppliers of Virgin Olive Oil to Ukraine in 2022:
- Italy (536.2 tons)
- Spain (471.9 tons)
- Greece (274.9 tons)
- Poland (86.8 tons)
- Estonia (22.0 tons)
Virgin Olive Oil Exports in Ukraine
Virgin olive oil exports from Ukraine amounted to 32 tons in 2022, growing by 5.8% on the year before. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 124% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, virgin olive oil exports rose modestly to $95K in 2022. The total export value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 33%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Virgin Olive Oil in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | 79.2 | 57.1 | 57.6 | -14.7% |
United Arab Emirates | N/A | N/A | 21.7 | 35.6 | 64.1% |
Azerbaijan | N/A | 4.9 | 2.7 | N/A | -44.9% |
Lithuania | 22.9 | N/A | 1.4 | N/A | -75.3% |
Myanmar | 18.3 | N/A | N/A | N/A | 0% |
Georgia | 9.3 | 0.1 | 4.6 | N/A | -29.7% |
Others | 15.4 | 3.7 | 3.4 | 1.4 | -55.0% |
Total | 65.8 | 87.9 | 90.9 | 94.6 | 12.9% |
Top Export Markets for Virgin Olive Oil from Ukraine in 2022:
- Azerbaijan (undefined tons)
- Russia (18.6 tons)
- United Arab Emirates (13.6 tons)
This report provides an in-depth analysis of the virgin olive oil market in Ukraine. 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 261 - Oil of Olives, Virgin
Country coverage:
- Ukraine
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ukraine
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the virgin olive oil market in Ukraine.
This report provides an in-depth analysis of the olive oil market in Ukraine.
This report provides an in-depth analysis of the refined olive oil market in Ukraine.
This report provides an in-depth analysis of the global virgin olive oil market.
This report provides an in-depth analysis of the global olive oil market.
This report provides an in-depth analysis of the global refined olive oil market.
This report provides an in-depth analysis of the virgin olive oil market in Ukraine.
This report provides an in-depth analysis of the olive oil market in Ukraine.
This report provides an in-depth analysis of the refined olive oil market in Ukraine.
This report provides an in-depth analysis of the global virgin olive oil market.
Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
Global virgin olive oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the virgin olive oil output was Spain (X thousand tons), accounting for X% of global production.
Spain continued its dominance in the global olive oil trade. In 2014, Spain exported X thousand tons of olive oil totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total oliv
The olive oil industry, connected, as it is, to a product that has long been acknowledged to contain extraordinary health properties, has always thrived in the countries of the Mediterranean region. The Omega-X monounsaturated fatty acids and antioxida
Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.