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.