What is the price of olives per kilogram/pound in Egypt today?
The retail price range for Egypt olives is between US$ 6.88 and US$ 14.74 per kilogram or between US$ 3.12 and US$ 6.68 per pound(lb). Click here to see today's exact prices of olives in Egypt
The retail price range in Egyptian Pound for olives is between EGP 214.92 and EGP 460.55 per kilogram or between EGP 97.47 and EGP 208.86 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt olives is between US$ 4.81 and US$ 10.32 per kilogram or between US$ 2.18 and US$ 4.68 per pound(lb).
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Egypt Olives Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olives from Egypt over the last five years has been relatively stable. In 2017, the price was 1.98 US $ per kg, followed by 2.14 US $ per kg in 2018. In 2019, the price dropped to 1.8 US $ per kg, before increasing to 2.06 US $ per kg in 2020. The price then rose to 2.15 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Olives from Egypt in 2023 will be around 2.17 US $ per kg, and in 2024 it will be around 2.20 US $ per kg.The olives exports from Egypt are categorised as:
- Fresh or chilled olives (HS code 070992)
- 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)
Egypt Olives Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olives into Egypt over the last five years has been quite volatile. In 2017, the price was $1.98, followed by a slight increase to $2.14 in 2018. However, in 2019, the price dropped to $1.80, before rising again to $2.06 in 2020. The price then increased further to $2.15 in 2021. Overall, the import price per kilogram of Olives into Egypt has seen a slight increase over the last five years. Based on this trend, it is predicted that the import price per kilogram of Olives into Egypt in 2023 will be around $2.17 and in 2024 will be around $2.19.Export values for Egypt olives
The total values in export for olives in Egypt were US$ 293, US$ 500, US$ 573 and US$ 620 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Egypt: 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 Africa: Algeria olives, Angola olives, Botswana olives, Burundi olives, Cameroon olives, Cape Verde olives, Central African Republic olives, Comoros olives, DRC Congo olives & Benin olives.
Egypt olives - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt sold 65,313 tonnes of olives. Across 2019 alone, the interest in Egypt olives (fruits category) has reduced, with a change of -19.55 % compared to the year 2018. Between 2017 and 2019, olives' exports went down by -35.94 percent netting the country US$0.62m for the year 2019. Egypt's olives exports are classified as:
- Fresh or chilled olives (HS code 070992)
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
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Egypt olives export values
In 2019, Egypt shipped olives with a value of 0.62m USD, an increment of 8.20% from 2018's total olives export of 0.573m USD. The annual growth in value of Egypt olives between 2017 to 2018 was 14.6 percent.
The yearly change in the quantity of Egypt's olives exports between 2017 and 2019 was -35.94% when compared to a variation of -19.55% in the growth rate between 2018 and 2019.
Egypt's portion of the world's total olives' exports in 2019 was less than 1%. Egypt holds number 17 in world exports of olives.
Export markets for Egypt olives ( in '000$ )
Egypt's best performing destinations for olives are United Arab Emirates (UAE), Germany, the Netherlands, Russia and France.
Egypt bought 179 tonnes of olives in 2019.
Production
The production of olives in Egypt was 3,240,273 tonnes in 2019 and is forecast to change by an average of -0.34%. The country had approximately 269,826.00 hectares under olives cultivation.