Monday, March 19, 2012

Sharp Decline in Olive Oil Imports into Australia

Olive oil imports into Australia declined sharply in the last two months of 2011 according to data released by the International Olive Council.

In November 2011 imports declined by 14% with an even sharper decline of 55% in December 2011. No explanation was offered for the sharp decline. Imports also declined by 7% in Canada during the same period.

China and Russia showed substantial increases in imports, with Japan, Brazil and the United States showed smaller increases.