What is the price of olives per kilogram/pound in South Africa today?
The retail price range for South Africa olives is between US$ 3.87 and US$ 3.87 per kilogram or between US$ 1.76 and US$ 1.76 per pound(lb). Click here to see today's exact prices of olives in South Africa
The retail price range in Rand for olives is between ZAR 75.20 and ZAR 75.20 per kilogram or between ZAR 34.11 and ZAR 34.11 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa olives is between US$ 2.71 and US$ 2.71 per kilogram or between US$ 1.23 and US$ 1.23 per pound(lb).
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South Africa Olives Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olives from South Africa has seen a steady increase over the last five years. In 2017, the price was 2.43 US $ per kg, and in 2018 it rose to 2.64 US $ per kg. In 2019, the price dropped slightly to 2.44 US $ per kg, before decreasing further to 2.02 US $ per kg in 2020. However, the price has since recovered to 2.33 US $ per kg in 2021. The latest data shows that the export price per kilogram of Olives from South Africa is 2.13 US $ per kg in 2022. Based on the current trend, it is predicted that the export price per kilogram of Olives from South Africa will be 2.25 US $ per kg in 2023 and 2.37 US $ per kg in 2024.The olives exports from South Africa 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)
South Africa Olives Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olives into South Africa over the last five years has been relatively stable. In 2016, the price was 2.19 US dollars per kg, followed by 2.43 US dollars per kg in 2017. In 2018, the price increased to 2.64 US dollars per kg, before dropping to 2.44 US dollars per kg in 2019. The price then decreased further to 2.02 US dollars per kg in 2020, before increasing to 2.33 US dollars per kg in 2021. The most recent data shows that the price was 2.13 US dollars per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Olives into South Africa will remain relatively stable in the next two years. It is expected that the price will be 2.33 US dollars per kg in 2023 and 2.13 US dollars per kg in 2024.Export values for South Africa olives
The total values in export for olives in South Africa were US$ 819, US$ 879, US$ 955 and US$ 892 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in South Africa: 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.
South Africa olives - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa exported 1,203,927 tonnes of olives. For the year 2019 alone, the market for South Africa olives (fruits category) has gone down, with a change of -1.454 pc compared to the year 2018. Between 2017 and 2019, olives' exports grew by 0.51 percent bringing the nation US$0.89m for the year 2019. South Africa's olives exports are classified as:
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Fresh or chilled olives (HS code 070992)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
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South Africa olives export values
In 2019, South Africa shipped olives with a value of 0.89m USD, a drop of -6.81% from 2018's total olives export of 0.955m USD. The yearly change in value of South Africa olives between 2017 to 2018 was 8.646%.
The yearly variation in the quantity of South Africa's olives exports between 2017 and 2019 was 0.51 per cent compared to a variation of -1.454% in the period between 2018 and 2019.
Export markets for South Africa olives ( in '000$ )
South Africa's top destinations for olives are the Netherlands, Ethiopia, Botswana, Mozambique and Lesotho.
South Africa bought 1,829 tonnes of olives in 2019.