Olives Market Overview in Southern Asia
In value terms, olives production stood at $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by % y-o-y. The level of production peaked in and is expected to retain growth in the near future.
Bangladesh ( tonnes) constituted the country with the largest volume of olives production, comprising approx. % of total volume.
From 2007 to , the average annual rate of growth in terms of volume in Bangladesh totaled +%.
The value of the olives market in Southern Asia stood at $ in , standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of % year-to-year. Over the period under review, the market hit record highs in and is likely to continue growth in the immediate term.
In Bangladesh, olives consumption expanded at an average annual rate of +% over the period from 2007-.
In value terms, Bangladesh ($) led the market, alone.
From 2007 to , the average annual rate of growth in terms of value in Bangladesh totaled +%.
From 2007 to , the average annual growth rate of the olives per capita consumption in Bangladesh was relatively modest.