What is the price of olives per kilogram/pound in Lebanon today?
The retail price range for Lebanon olives is between US$ 3.44 and US$ 4.91 per kilogram or between US$ 1.56 and US$ 2.23 per pound(lb). Click here to see today's exact prices of olives in Lebanon
The retail price range in Lebanese Pound for olives is between LBP 52,054.55 and LBP 74,363.64 per kilogram or between LBP 23,607.50 and LBP 33,725.01 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon olives is between US$ 2.40 and US$ 3.44 per kilogram or between US$ 1.09 and US$ 1.56 per pound(lb).
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Lebanon Olives Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olives from Lebanon over the last five years has been relatively stable. In 2017, the price was 2.26 US $ per kg, followed by 2.17 US $ per kg in 2018. In 2019, the price dropped to 2.10 US $ per kg, and then further decreased to 2.01 US $ per kg in 2020. The price then increased slightly to 2.04 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Olives from Lebanon in 2023 will be around 2.06 US $ per kg, and in 2024 will be around 2.08 US $ per kg.The olives exports from Lebanon are categorised as:
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- 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)
Lebanon Olives Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olives into Lebanon over the last five years has been relatively stable. In 2017, the price was 2.26 US dollars per kg, followed by 2.17 US dollars per kg in 2018. In 2019, the price dropped slightly to 2.1 US dollars per kg, and then further decreased to 2.01 US dollars per kg in 2020. The price then increased slightly to 2.04 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Olives into Lebanon in 2023 will be around 2.06 US dollars per kg, and in 2024 will be around 2.08 US dollars per kg.Export values for Lebanon olives
The total values in export for olives in Lebanon were US$ 3,914, US$ 3,950, US$ 4,004 and US$ 3,873 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Lebanon: 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 Middle East: Bahrain olives, Cyprus olives, Iraq olives, Israel olives, Jordan olives, Kuwait olives, Lebanon olives, Palestine olives, Oman olives & Qatar olives.
Lebanon olives - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon exported 1,845 tonnes of olives. Through 2019 alone, the interest in Lebanon olives (fruits category) has surged, changing by 0.16286645 pc compared to the year 2018. Between 2017 and 2019, olives' exports grew by 5.67 pc earning the country US$3.87m for the year 2019. Lebanon's olives exports are classified as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Fresh or chilled olives (HS code 070992)
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Lebanon olives export values
In 2019, Lebanon sold olives valued at 3.87m USD, a drop of -3.35% from 2018's total olives export of 4.004m USD. The yearly change in value of Lebanon olives between 2017 to 2018 was 1.367 per cent.
The yearly variation in the volume of Lebanon's olives exports between 2017 and 2019 was 5.67% compared to a variation of 0.16286645% in the period between 2018 and 2019.
Export markets for Lebanon olives ( in '000$ )
Lebanon's top destinations for olives are Germany, Malaysia, Brazil, Senegal and United Arab Emirates (UAE).
Lebanon ordered 3,368 tonnes of olives in 2019.
Production
The production of olives in Lebanon was 403,500 tonnes in 2019 and is estimated to change by an average of -7.24%. The country had an estimated 185,910.00 hectares under olives cultivation.