Earlier Report Observations
Between 2018 and 2019, the market for virgin olive oil in El Salvador remained stable at around 2 000 metric tons, with a slight increase to 2 073 t in 2019. In 2020, market volume contracted by 25% to 1 564 t, coinciding with a complete halt in imports, which had previously contributed hundreds of tons. Over the next three years, the market stabilized at 1 558–1 596 t, relying solely on domestic production.
While specific local drivers for most years are not highlighted, 2022 saw the implementation of new European olive oil labeling rules (Delegated Regulation (EU) 2022/2104), which set stricter quality and traceability requirements. As Europe is the world's leading exporter, these regulations affected international trade, likely contributing to the sustained absence of imports into El Salvador and reinforcing the market's dependence on local output.
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 kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 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 El Salvador
- 5.1.1. Annual dynamics of production in El Salvador in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in El Salvador in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in El Salvador
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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 El Salvador in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to El Salvador 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 El Salvador in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to El Salvador 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 El Salvador, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to El Salvador 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 El Salvador in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to El Salvador 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 El Salvador in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to El Salvador 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 El Salvador, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to El Salvador 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 El Salvador in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from El Salvador 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 El Salvador in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from El Salvador 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 El Salvador, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from El Salvador 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 El Salvador in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from El Salvador 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 El Salvador in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from El Salvador 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 El Salvador, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from El Salvador 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 El Salvador
In kind, 2017-2020, t
Between 2017 and 2020, El Salvador ranked 22nd globally in the production of virgin olive oil and fractions.
Top producers of virgin olive oil and fractions, 2017-2020
World map of production of virgin olive oil and fractions, 2017-2020
After two years of decline, El Salvador's production of virgin olive oil and fractions increased in 2020. The country produced 1 564 tonnes that year, marking a slight 2.3% rise from 2019. Over the 2017–2020 period, production fell by 5.9%, averaging an annual decline of 2.0%. The lowest output was recorded in 2019 at 1 529 tonnes, which saw the sharpest drop of 6.0%.
Annual dynamics of production in El Salvador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.2%) | (6.0%) | 2.3% | (2.0%) |
Exports virgin olive oil and fractions from El Salvador
Exports in kind, t
El Salvador's exports of virgin olive oil and fractions grew for the second year in a row. In 2019, export volume reached 12.6 tonnes, a substantial 118.7% increase from the previous year. From 2017 to 2019, exports surged by 609.9%, with a compound annual growth rate of 92.2%.
Annual dynamics of product's exports from El Salvador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 224.5% | 118.7% | n/a | - |
From 2017 to 2020, Guatemala was overwhelmingly the primary destination for El Salvador's exports of virgin olive oil and fractions in kind, making up 98.7% of total shipments.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from El Salvador in kind, 2017-2020
Exports in value, K $ US
El Salvador's export value of virgin olive oil and fractions rose for the second consecutive year. In 2019, exports totaled 40 thousand US dollars, a sharp 65.5% jump from 2018. Between 2017 and 2019, export value climbed by 594%, with a compound annual growth rate of 90.7%.
Annual dynamics of product's exports from El Salvador in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 319.3% | 65.5% | n/a | - |
Over the 2017–2020 period, Guatemala was the dominant and nearly exclusive market for El Salvador's exports of virgin olive oil and fractions in value terms, accounting for 98.1% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from El Salvador in value, 2017-2020
Imports virgin olive oil and fractions to El Salvador
Imports in kind, t
In 2019, El Salvador imported 557.0 tonnes of virgin olive oil and fractions, a 29.9% increase from 2018. From 2017 to 2019, imports grew by 20.2%, with a compound annual growth rate of 6.3%. The lowest import volume was in 2018 at 428.8 tonnes, which also saw the largest decline of 7.5%.
Annual dynamics of product's imports to El Salvador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.5%) | 29.9% | n/a | - |
Between 2017 and 2020, Spain supplied 70.6% of El Salvador's imports in kind, while the rest came from a diverse group of smaller countries.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to El Salvador in kind, 2017-2020
Imports in value, K $ US
El Salvador's import value of virgin olive oil and fractions increased for the second year in a row. In 2019, imports amounted to 2 213 thousand US dollars, a solid 13.6% rise from the previous year. Over the 2017–2019 period, import value grew by 13.7%, with a compound annual growth rate of 4.4%.
Annual dynamics of product's imports to El Salvador in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.1% | 13.6% | n/a | - |
From 2017 to 2020, Spain continued to be the leading source for El Salvador's imports in value terms, holding a 71.9% share of total flows, with the remainder spread across various other markets.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to El Salvador in value, 2017-2020
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