Olives market in Brazil

Earlier Report Observations

The production of fresh olives in Brazil began a rapid ascent from 2018, coinciding with the country's initial phase of adopting olive cultivation. This development was supported by consistently high and growing consumer demand for olives and olive oil, with purchases having increased by 60% over the preceding decade. Even during the COVID-19 pandemic in 2020, which disrupted global supply chains, the Brazilian market continued to expand due to strong consumer loyalty.

Growth accelerated in 2021 when a global shortage of shipping containers hindered olive imports, increasing reliance on domestic output. In subsequent years, the expansion of commercial olive plantations, notably in regions like Maria da Fé in Minas Gerais and Rio Grande do Sul, boosted the supply of raw material. Concurrent investments in agronomic research and technology, funded by CNPq and university partnerships, helped improve the yield and quality of Brazilian olives.

By 2023, a severe drought in Spain and other key producing regions triggered a global olive oil production crisis, sharply raising import prices. This enhanced the competitiveness of local production and spurred a further volume increase. As a result, Brazil's fresh olive output rose from 1 620 t in 2018 to 6 862 t in 2023, marking a more than fourfold expansion over the period.

Production olives in Brazil

In kind, 2018-2021, t

Top producers of olives, 2018-2021

World map of production of olives, 2018-2021

Brazil's olive production has grown for the third year in a row. In 2021, the country produced 3,417 tonnes of olives, representing a 28.9% increase compared to the previous year. Over the period from 2018 to 2021, production surged by 110.9%, with an average annual growth rate of 28.2%.

Annual dynamics of production in Brazil in kind, 2018-2021, t

Exports olives from Brazil

Exports in kind, kg

The market showed significant volatility during these years. The lowest export volume was recorded in 2018, while the highest occurred in 2019, with a peak-to-trough ratio of 18 times. In 2021, Brazil's olive exports amounted to 259.0 kg, which is 13.2% lower than in 2020. The maximum volume was 682.0 kg in 2019. The largest decline was in 2020, at 56.3%, while the largest increase was in 2019, at 1,743.2%.

Annual dynamics of product's exports from Brazil in kind, 2018-2021, kg

From 2018 to 2021, the largest buyers of Brazilian olives by volume were the Marshall Islands (26.4% of exports), Hong Kong (19.2% of exports), and Liberia (11.5% of exports). Together, these three countries accounted for 57.1% of Brazil's total olive exports.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Brazil in kind, 2018-2021

Exports in value, $ US

The market displayed an unstable trend over this period. The lowest export value was in 2018, with the highest in 2019, showing an 8.5-fold difference. In 2021, Brazil exported $521 worth of olives, a slight increase of 1.4% compared to 2020. The maximum value was $1,162 in 2019. The largest decline was in 2020, at 55.8%, while the largest increase was in 2019, at 754.4%.

Annual dynamics of product's exports from Brazil in value, 2018-2021, $ US

From 2018 to 2021, Liberia (19.0% of exports by value), the Marshall Islands (15.3% of exports by value), and Hong Kong (11.9% of exports by value) were notable buyers of Brazilian olives, but their combined share of total export value was only 46.2%, indicating they did not dominate the market.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Brazil in value, 2018-2021

Imports olives to Brazil

Industry analysis indicates that Brazil did not import any olives from 2018 to 2021.