What is the price of olives per kilogram/pound in Turkey today?
The retail price range for Turkey olives is between US$ 4.81 and US$ 9.63 per kilogram or between US$ 2.18 and US$ 4.37 per pound(lb). Click here to see today's exact prices of olives in Turkey
The retail price range in Turkish Lira for olives is between TRY 95.32 and TRY 190.84 per kilogram or between TRY 43.23 and TRY 86.55 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey olives is between US$ 3.37 and US$ 6.74 per kilogram or between US$ 1.53 and US$ 3.06 per pound(lb).
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Turkey Olives Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olives from Turkey over the last five years has been relatively stable. In 2017, the price was 1.80 US $ per kg, followed by 1.66 US $ per kg in 2018. In 2019, the price saw a significant increase to 223.83 US $ per kg, before reaching an all-time high of 489.53 US $ per kg in 2020. The price then dropped to 199.32 US $ per kg in 2021, and further decreased to 145.74 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Olives from Turkey in 2023 will be around 120.00 US $ per kg, and in 2024 will be around 100.00 US $ per kg.The olives exports from Turkey 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)
Turkey Olives Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olives into Turkey has seen a significant increase over the last five years. In 2016, the price was 1.94 US dollars per kg, and this increased to 1.73 US dollars per kg in 2015. In 2017, the price dropped slightly to 1.80 US dollars per kg, before increasing again to 1.66 US dollars per kg in 2018. In 2019, the price skyrocketed to 223.83 US dollars per kg, before reaching an even higher peak of 489.53 US dollars per kg in 2020. The price then dropped to 199.32 US dollars per kg in 2021, before settling at 145.74 US dollars per kg in 2022. Based on this data, it is likely that the import price per kilogram of Olives into Turkey will remain relatively stable in the next two years. We predict that the price in 2023 will be around 145.74 US dollars per kg, and the price in 2024 will be around 145.74 US dollars per kg.Export values for Turkey olives
The total values in export for olives in Turkey were US$ 100,863, US$ 95,587, US$ 115,597 and US$ 935 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Turkey: 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.
Turkey olives - Production, Exports, Imports, Seasons and HS Codes
The amount of olives sold by Turkey in 2020 was 265 tonnes. In 2019 Turkey sold 576 tonnes of olives. In 2019 alone, the interest in Turkey olives (fruits category) has gone down, changing by -99.172 % compared to the year 2018. Between 2017 and 2019, olives' exports decreased by -98.91% netting Turkey US$0.94m for the year 2019. Turkey's olives exports are classified as:
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Fresh or chilled olives (HS code 070992)
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Turkey olives export values
In 2019, Turkey sold olives costing 0.94m USD, a reduction of -99.19% from 2018's total olives export of 115.597m USD. The yearly change in value of Turkey olives between 2017 to 2018 was 20.934 per cent.
The annual variation in the amount of Turkey's olives exports between 2017 and 2019 was -98.91% compared to a variation of -99.172% in the period between 2018 and 2019.
Turkey's share of the world's total olives' exports in 2019 was less than 1%. Turkey holds position 15 in world exports of olives.
Export markets for Turkey olives ( in '000$ )
Turkey's best performing export markets for olives are Romania, US, Israel, France and Canada.
Import/Export Trends
Turkey is a net exporter of olives. The annual growth of Turkey olives in value between 2015 to 2019 was -72%, per annum, while annual growth in quantity during the same period was -66%, per annum.
Turkey brought in 0 tonnes of olives in 2019.
Production
The production of olives in Turkey was 4,575,000 tonnes in 2019 and is forecast to change by an average of 1.64%. The country had an estimated 2,637,531.00 hectares under olives cultivation.