What is the price of olives per kilogram/pound in Australia today?
The retail price range for Australia olives is between US$ 7.88 and US$ 19.69 per kilogram or between US$ 3.57 and US$ 8.93 per pound(lb). Click here to see today's exact prices of olives in Australia
The retail price range in Australian Dollar for olives is between AUD 11.85 and AUD 29.63 per kilogram or between AUD 5.37 and AUD 13.44 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia olives is between US$ 5.51 and US$ 13.79 per kilogram or between US$ 2.50 and US$ 6.25 per pound(lb).
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Australia Olives Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olives from Australia over the last five years has been quite varied. In 2017, the price was at its highest at 9.16 US $ per kg, followed by a sharp decline to 4.44 US $ per kg in 2018. The price then remained relatively stable at around 4 US $ per kg until 2020, when it rose to 4.93 US $ per kg. In 2021, the price dropped slightly to 4.86 US $ per kg, and then further to 3.52 US $ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Olives from Australia in 2023 will be around 3.50 US $ per kg, and in 2024 will be around 3.45 US $ per kg.The exports of olives from Australia are categorised as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Fresh or chilled olives (HS code 070992)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
Australia Olives Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olives into Australia over the last five years has been quite varied. In 2017, the price was at its highest at $9.16, before dropping to $4.44 in 2018. In 2019, the price decreased further to $3.37, before increasing to $4.93 in 2020. The price then dropped slightly to $4.86 in 2021, before decreasing again to $3.52 in 2022. Looking ahead, it is likely that the import price per kilogram of Olives into Australia will remain relatively stable over the next two years. We predict that the price will remain at $3.52 in 2023, before increasing slightly to $3.60 in 2024.Export values for Australia olives
The total values in export for olives in Australia were US$ 1,524, US$ 916, US$ 360 and US$ 293 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Australia: Pumpkins, squash and gourds, Sweetcorn, Bananas, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of olives in other countries across Oceania: Fiji olives, French Polynesia olives, Guam olives, Micronesia olives, New Caledonia olives, Papua New Guinea olives, Samoa olives, Solomon Islands olives, Tonga olives & Vanuatu olives.
Australia olives - Production, Exports, Imports, Seasons and HS Codes
The volume of olives shipped by Australia in 2020 was 125 metric tons. In 2019 Australia exported 87 tonnes of olives. Through 2019 alone, the interest in Australia olives (fruits category) has gone up, flactuating by 7.407 pc compared to the year 2018. Between 2017 and 2019, olives' exports went down by -13 pc bringing Australia US$0.29m for the year 2019. Australia's olives exports are categorised as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Fresh or chilled olives (HS code 070992)
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Australia olives export values
In 2019, Australia supplied olives with a value of 0.29m USD, a decrease of -19.44% from 2018's total olives export of 0.36m USD. The annual reduction in value of Australia olives between 2017 to 2018 was -60.699 percent.
The annual variation in the quantity of Australia's olives exports between 2017 and 2019 was -13% compared to a variation of 7.407% in the period between 2018 and 2019.
Australia's stake of the world's total olives' exports in 2019 was less than 1%. Australia holds position 42 in world exports of olives.
Export markets for Australia olives ( in '000$ )
Australia's top destinations for olives are the Philippines, New Zealand, Cambodia, Japan and Fiji.
Australia bought 17,500 tonnes of olives in 2019.
Production
The production of olives in Australia was 258,576 tonnes in 2019 and is forecast to change by an average of -3.91%. The country had an estimated 107,892.00 hectares under olives cultivation.