Ukraine: increase in the importation of Italian olive oil
During the course of 2018, there was an increase in the importation of olive oil, both from the world (+38%) and Italy (+53%).
According to the Ukraine’s Statistics Service, total imports of olive oil reached the sum of 7.8 million US dollars, 2.0 million of which were imported from Italy
Italy is the second largest importer of olive oil into the Ukraine with an important 25% quota of the market. The other leading suppliers are: Spain (40%), Greece (22%) and Poland (7%).
In terms of value, the price of olive oil imported into the Ukraine from the world in 2018 increased by 6% compared to the previous year. According to the latest available data, a decrease of 4% was registered in the average price of olive oil imported from Italy.
Source: ICE Agency