Extra Virgin Olive Oil
Import Trends
Olive Oil Imports Over Time
Olive Oil import analysis as of November 2024 shows monthly volumes of 847.1k units, up 173.1% from the previous month.
The three-month average import volume (469.06k units) has increased by 2.4% compared to the previous quarter (458.16k units). Year-over-year comparison shows a 208.7% increase from November 2023 levels (274.41k units).
The overall import trend is increasing, with volumes ranging from a low of 249.95k units (September 2024) to a peak of 1.47M units (December 2023).
Consumer Search Trends
Olive Oil - Interest Over Time
Olive Oil search interest analysis as of Jan 19 – 25, 2025 shows a current interest level of 93, down 3.1% from the previous week.
The average search interest over the past year (80.6) has increased by 6.6% compared to the previous year (75.6). The three-year average interest level is 75.3, while the five-year average stands at 69.4.
Peak search interest was observed during Dec 22 – 28, 2024 with a value of 100, while the lowest interest was recorded during Nov 1 – 7, 2020 with a value of 43.
The overall search interest trend is currently stable, with growing year-over-year interest.
Olive Oil - Regional Interest
Regional Interest Analysis:
Olive Oil regional interest analysis shows the highest search interest is observed in Vermont with a relative interest score of 100.0. This is followed by District of Columbia (98.0), Rhode Island (91.0), Massachusetts (90.0), and Oregon (87.0).
The average interest across all regions is 74.3.
Among the analyzed regions, 20 show high interest (75-100), 31 show moderate interest (50-74), and 0 show lower interest levels (below 50).
Consumption Trends
Oil, Olive - Domestic Consumption
Domestic Consumption for Oil, Olive increased by 15.7% from 2,453 1000 MT in 2023 to 2,838 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 6.6%.
Oil, Olive - Feed Waste Dom. Cons.
Feed Waste Dom. Cons. for Oil, Olive is 0 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.0%.
Oil, Olive - Food Use Dom. Cons.
Food Use Dom. Cons. for Oil, Olive increased by 15.6% from 2,437 1000 MT in 2023 to 2,817 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 6.6%.
Oil, Olive - Industrial Dom. Cons.
Industrial Dom. Cons. for Oil, Olive increased by 31.2% from 16 1000 MT in 2023 to 21 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.0%.
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