Preserved olives market in Albania

Earlier Report Observations

The Albanian preserved olives market showed significant volume swings from 2018 to 2023. After starting at 36 442 t in 2018, the market contracted sharply to 23 685 t in 2019. It then rebounded to 30 179 t in 2020, dipped slightly to 29 496 t in 2021, and climbed again to 33 071 t in 2022 before stabilizing at 32 450 t in 2023.

Domestic production mirrored this volatility, falling from 36 598 t in 2018 to 24 315 t in 2019 before recovering to levels around 30 000–34 000 t in the subsequent years. Trade flows also shifted notably, with import and export volumes falling to zero in 2022 after previous growth, then resuming in 2023 with 11 531 t of imports and 13 219 t of exports.

The period was characterized by a clear cycle of contraction and recovery, with the market volume in 2023 settling close to its 2022 level, indicating a phase of stabilization after the earlier fluctuations.

Production preserved olives in Albania

In kind, 2017-2020, t

Albania ranked 17th globally in preserved olive production from 2017 to 2020.

Top producers of preserved olives, 2017-2020

World map of production of preserved olives, 2017-2020

In 2020, Albania produced 30 952 tonnes of preserved olives, marking a 27.3% increase from 2019. Over the period from 2017 to 2020, production grew by 29%, averaging an annualized rate of 8.9%. The highest production level was in 2018 at 36 598 tonnes, which saw the largest increase of 52.5%. In contrast, 2019 experienced the largest decline of 33.6%.

Annual dynamics of production in Albania in kind, 2017-2020, t

In value, 2017-2020, K $ US

The market showed an unstable trend during this period. Output reached its peak in 2018 and fell to its lowest point in 2017, with a 1.8-fold difference between these years. In 2020, the value of preserved olive production in Albania was 73 074 thousand US dollars, up 32.9% from 2019. The highest value was recorded in 2018 at 82 412 thousand US dollars, which also saw the largest increase of 77.6%. The largest decline occurred in 2019, dropping by 33.3%.

Annual dynamics of production in Albania in value, 2017-2020, K $ US

Exports preserved olives from Albania

Exports in kind, t

The market exhibited an unstable trend throughout the timeframe. Exports reached their lowest point in 2018 and peaked in 2020, with a 2.9-fold difference between these years. In 2020, Albania exported 10 009 tonnes of preserved olives, a sharp increase of 27.2% from the previous year. The minimum volume was in 2018 at 3 474 tonnes, which also saw the largest decline of 26.2%. The largest increase was in 2019, rising by 126.6%.

Annual dynamics of product's exports from Albania in kind, 2017-2020, t

From 2017 to 2020, Greece was the primary destination for preserved olive exports from Albania, consistently accounting for 99.3% of total exports in volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Albania in kind, 2017-2020

Exports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Export values varied threefold from the low in 2018 to the high in 2020. In 2020, Albania's preserved olive exports were valued at 23 630 thousand US dollars, showing a sharp year-on-year gain of 32.8%. The minimum value was in 2018 at 7 822 thousand US dollars, which also experienced the largest decline of 14.1%. The largest increase occurred in 2019, rising by 127.5%.

Annual dynamics of product's exports from Albania in value, 2017-2020, K $ US

From 2017 to 2020, Albania's export dependence on Greece was pronounced, with this market accounting for 99.5% of total preserved olive exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Albania in value, 2017-2020

Imports preserved olives to Albania

Imports in kind, t

The market exhibited an unstable trend throughout the timeframe. Import volumes bottomed out in 2018 and peaked in 2020, with a 2.8-fold difference between these years. In 2020, Albania imported 9 236 tonnes of preserved olives, indicating a dramatic rise of 27.6% from the previous year. The minimum volume was in 2018 at 3 318 tonnes, which also saw the largest decline of 35.9%. The largest increase was in 2019, up by 118.2%.

Annual dynamics of product's imports to Albania in kind, 2017-2020, t

From 2017 to 2020, Greece effectively dominated preserved olive imports to Albania in volume, taking 97.7% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Albania in kind, 2017-2020

Imports in value, K $ US

There were noticeable fluctuations in market performance during the period. Import values showed a 3.2-fold gap from the low in 2018 to the high in 2020. In 2020, Albania's preserved olive imports totalled 17 185 thousand US dollars, which is 36.3% higher than the previous year. The minimum value was in 2018 at 5 350 thousand US dollars, which also recorded the largest decline of 24.7%. The largest increase was in 2019, rising by 135.7%.

Annual dynamics of product's imports to Albania in value, 2017-2020, K $ US

From 2017 to 2020, the partner base for preserved olive imports to Albania in value terms was extremely narrow, with Greece alone responsible for 97.5% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Albania in value, 2017-2020