What is the price of olives per kilogram/pound in US today?
The retail price range for US olives is between US$ 1.96 and US$ 4.90 per kilogram or between US$ 0.89 and US$ 2.22 per pound(lb). Click here to see today's exact prices of olives in US
The retail price range in Euro for olives is between EUR 1.80 and EUR 4.49 per kilogram or between EUR 0.81 and EUR 2.04 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US olives is between US$ 1.37 and US$ 3.43 per kilogram or between US$ 0.62 and US$ 1.55 per pound(lb).
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US Olives Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olives from the US over the last five years has been relatively stable. In 2017, the price was 2.24 US $ per kg, followed by 2.16 US $ per kg in 2018, 2.18 US $ per kg in 2019, 2.14 US $ per kg in 2020 and 2.15 US $ per kg in 2021. There has been a slight increase in the price over the years, with the highest price of 2.33 US $ per kg in 2016. Based on this trend, it is predicted that the export price per kilogram of Olives from the US in 2023 will be 2.32 US $ per kg and in 2024 will be 2.35 US $ per kg.The olives exports from US are classified 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)
US Olives Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olives into the US over the last five years has been relatively stable. In 2017, the price was $2.24, followed by $2.16 in 2018, $2.18 in 2019, $2.14 in 2020, and $2.15 in 2021. This indicates that the price has remained relatively consistent over the past five years. Looking ahead, we can predict that the import price per kilogram of Olives into the US will remain relatively stable in the next two years, with an estimated price of $2.30 in 2023 and $2.35 in 2024.Export values for US olives
The total values in export for olives in US were US$ 20,585, US$ 20,569, US$ 18,427 and US$ 19,015 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in US: 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 North America: Canada olives, US olives, Anguilla olives, Antigua and Barbuda olives, Bermuda olives, Bonaire, Sint Eustatius and Saba olives, St.Pierre and Miquelon olives, United States Minor Outlying Islands olives, Cayman Islands olives & Greenland olives.
US olives - Production, Exports, Imports, Seasons and HS Codes
The quantity of olives shipped by US in 2020 was 6,114 tonnes. In 2019 US sold 8,749 tonnes of olives. For the year 2019 alone, the interest in US olives (fruits category) has surged, changing by 2.664 per cent compared to the year 2018. Between 2017 and 2019, olives' exports decreased by -4.74% netting US US$19.02m for the year 2019. US' olives exports are classified as:
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Fresh or chilled olives (HS code 070992)
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US olives export values
In 2019, US shipped olives with a value of 19.02m USD, a surge of 3.22% from 2018's total olives export of 18.427m USD. The yearly increase in value of US olives between 2017 to 2018 was -10.414 pc.
The yearly change in the volume of US' olives exports between 2017 and 2019 was -4.74 percent compared to a variation of 2.664% in the period between 2018 and 2019.
US' share of the world's total olives' exports in 2019 was less than 1%. US holds position 22 in world exports of olives.
Export markets for US olives ( in '000$ )
US' top export markets for olives are the Philippines, Canada, Colombia, Thailand and Latvia.
Import/Export Trends
US is a net exporter of olives. The annual growth of US olives in value between 2015 to 2019 was -57%, per annum, while annual growth in quantity was -57%, per annum.
US purchased 180,357 tonnes of olives in 2019.
Production
The production of olives in US was 455,850 tonnes in 2019 and is forecast to change by an average of 212.46%. The country had an estimated 45,540.00 hectares under olives cultivation.