What is the price of olives per kilogram/pound in Portugal today?
The retail price range for Portugal olives is between US$ 4.83 and US$ 25.35 per kilogram or between US$ 2.19 and US$ 11.50 per pound(lb). Click here to see today's exact prices of olives in Portugal
The retail price range in Euro for olives is between EUR 4.46 and EUR 23.42 per kilogram or between EUR 2.02 and EUR 10.62 per pound(lb) in Lisbon and Porto.
Wholesale prices
In 2024, the approximate wholesale price range for Portugal olives is between US$ 3.38 and US$ 17.74 per kilogram or between US$ 1.53 and US$ 8.05 per pound(lb).
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Portugal olives - Production, Exports, Imports, Seasons and HS Codes
The volume of olives sold by Portugal in 2020 was 56,111 metric tonnes. In 2019 Portugal exported 74,646 tonnes of olives. For 2019 alone, the market for Portugal olives (fruits category) has shrunk, flactuating by -7.543 per cent compared to the year 2018. Between 2017 and 2019, olives' exports increased by 24.38 percent netting the country US$70.98m for the year 2019. Portugal's olives exports are classified as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Fresh or chilled olives (HS code 070992)
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Portugal olives export values
In 2019, Portugal exported olives with a value of 70.98m USD, a decrease of -13.07% from 2018's total olives export of 81.656m USD. The yearly change in value of Portugal olives between 2017 to 2018 was 32.159%.
The annual change in the volume of Portugal's olives exports between 2017 and 2019 was 24.38 percent compared to a variation of -7.543% in the period between 2018 and 2019.
Export markets for Portugal olives ( in '000$ )
Portugal's leading destinations for olives are Spain, Russia, Italy, France and US.
Portugal brought in 53,414 tonnes of olives in 2019.
Production
The production of olives in Portugal was 2,991,120 tonnes in 2019 and is estimated to change by an average of 35%. The country had approximately 1,079,850.00 hectares under olives cultivation.