Earlier Report Observations
Between 2018 and 2021, Albania imported virgin olive oil, with import values fluctuating and peaking at 2 166 thousand USD in 2020, while exports remained marginal. Starting in 2022, both imports and exports dropped to zero, indicating a transition to a market supplied entirely by domestic production.
From 2022, market size mirrored domestic production, registering 6 111 thousand USD in 2022. It then expanded significantly by 56% to 9 541 thousand USD in 2023, before declining by 28% to 6 888 thousand USD in 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2022-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2022-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Albania
- 5.1.1. In kind, 2018-2024, K t
- 5.1.2. In value, 2022-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, K $ US
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5.3. Global production by Country, 2018-2023
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5.3.1. Global Production by Country in kind
- 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, t
- 5.3.1.2. Structure of production by countries in kind, 2018-2023
- 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.3.1. Global Production by Country in kind
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5.1. Production in Albania
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Albania in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Albania by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Albania in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Albania by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Albania, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Albania by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Albania in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Albania by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Albania in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Albania by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Albania, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Albania by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Albania in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Albania by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Albania in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Albania by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Albania, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Albania by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Albania in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Albania by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Albania in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Albania by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Albania, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Albania by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production virgin olive oil and fractions in Albania
In kind, 2017-2020, K t
Albania ranked 20th globally in virgin olive oil and fractions production from 2017 to 2020.
Top producers of virgin olive oil and fractions, 2017-2020
World map of production of virgin olive oil and fractions, 2017-2020
In 2020, Albania produced 13 K t of virgin olive oil and fractions, marking a 13.0% increase from 2019. Over the 2017-2020 period, production grew by 18.2%, with a compound annual growth rate of 5.7%. The largest decline occurred in 2019 at 8.0%, while the highest increase was in 2018 at 13.6%.
Annual dynamics of production in Albania in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 13.6% | (8.0%) | 13.0% | 5.7% |
Exports virgin olive oil and fractions from Albania
Exports in kind, t
Albania's exports of virgin olive oil and fractions rose for the second consecutive year. In 2020, the country exported 27.7 t, a 53.1% jump from 2019. From 2018 to 2020, exports surged by 188.8%, translating to an annualized growth rate of 42.4%.
Annual dynamics of product's exports from Albania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 88.6% | 53.1% | - |
From 2017 to 2020, Serbia and the United States dominated Albania's exports in volume, jointly accounting for 93.7% of total flows, with the remainder distributed among other destinations.
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
Albania's export value of virgin olive oil and fractions increased for the second year in a row. In 2020, exports reached 134 K $ US, up 72.0% from the previous year. Between 2018 and 2020, export value grew by 234.2%, equivalent to an annualized rate of 49.5%.
Annual dynamics of product's exports from Albania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 94.3% | 72.0% | - |
During 2017-2020, Serbia and the United States were the primary partners for Albania's exports in value terms, together making up 91.6% of total flows, while other partners accounted for the rest.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Albania in value, 2017-2020
Imports virgin olive oil and fractions to Albania
Imports in kind, t
Albania's imports of virgin olive oil and fractions grew for the third consecutive year. In 2020, imports hit 608.0 t, a 78.0% rise from 2019. Over the 2017-2020 period, imports expanded by 341.2%, with a compound annual growth rate of 64.0%.
Annual dynamics of product's imports to Albania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 76.9% | 40.1% | 78.0% | 64.0% |
From 2017 to 2020, Italy and Greece completely dominated Albania's imports in volume, with a combined share of 100.0% 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
Albania's import value of virgin olive oil and fractions increased for the third straight year. In 2020, imports totaled 2 166 K $ US, a sharp 64.1% increase from 2019. Between 2017 and 2020, import value rose by 202.5%, equating to an annualized growth rate of 44.6%.
Annual dynamics of product's imports to Albania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 60.5% | 14.9% | 64.1% | 44.6% |
Throughout 2017-2020, Italy and Greece accounted for 100.0% of Albania's import value for virgin olive oil and fractions, reflecting a highly concentrated market.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Albania in value, 2017-2020
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