9 October, 2007 08:00:24 | in
import-export
Info provided and translated by the
American Chamber of Commerce of Peru (AmCham Peru)
According to estimates of the Foreign Trade Institute of Spain, United States consumes about 170,000 tons of olives annually, which accounts for over half a kilo per habitant. That could be explained because of the higher conscience of Americans about healthy products as well as the new preferences for exotic products. Therefore, olives are consumed in salads, as snacks, in pizzas and sandwiches.
Even though the United States produces olives, it is important to notice that it is a net importer because almost all of the production responds to black olives and is used mostly for olive oils. Then, it is observed that the US imports of fresh and processed olives grew 26% between 2003 and 2006, being the fresh and frozen olives the ones that registered the biggest change. These same figures reveal that the value of the imports has grown more than the volume, which suggests that the United States is now consuming olives of a higher quality and added value, a situation that favours exporter countries like Peru.
Nowadays, the main exporter of this product to the United States is Spain, who is responsible for over 38% of the total amount, followed by Mexico, Greece and Morocco who account for 22%, 13% and 6% respectively. However, figures in 2005 reveal that Spain is loosing market share while countries like Morocco and Honduras, both countries with active FTA with the US, are growing in the market.
Peru is today number ten in the ranking of olive exporters but the tendency in the last years has been very dynamic. An expansion of 14% between years 2005 and 2006 is observed in this market. The main products exported by Peru are olives prepared or preserved in vinegar or acetic acid and olives not canned in saline solution, which amounted 2,689 869 USD and 900,375 USD respectively in the 2006.
It is important to notice that the American market constitutes an opportunity for olive exports but due to the fact that Peruvian companies still cannot face huge orders it might be better to rely on minor distributors and special fancy food stores.
Once again, this article shows that there are enormous opportunities for Peruvian products in the United States market, especially for regions with agro- industry potential. So, facing the approval of the Peru United States TPA is urgent to share this business opportunities in order to promote the capacities for taking the best advantage of it.
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9 Comments# marialuisa Zegarra says :
14 October, 2007 [ 04:45 ] # Bettina Gongora says :
17 October, 2007 [ 09:58 ] Very instructive on how the U.S. market moves.
I am sure Peruvian olives of different types will soon be reaching the first places of the American importers. Their quality, texture and flavor are unique!!!
# Carlos Pardo says :
7 November, 2007 [ 11:29 ] What about the imports of olives coming from Egypt?
# Seet Tai Chia says :
17 December, 2007 [ 03:26 ] Hi ,
I am dealing with vegetables in Singapore would like to look for exporter in Peru.
Can you recommend?
Thank you
Regards
Seet
# Hannes Minkema says :
26 February, 2008 [ 05:19 ] I am a real olive lover, have been so for over 25 years. At present I am staying in the US for a short while, and have tasted Peruvian olives for the first time. I am positively surprised. Having associated olives with the Mediterranean for all my life, I did not know that olives are being cultivated in other parts of the world - with such splendid results! The Peruvian olives I had, fresh out of the can, are certainly up to par with the Italian or Spanish olives. Large, juicy and meaty. I would sprinkle them with a touch of good olive oil, to add some aroma and take away the milk acid taste that is typically about jarred olives. Yet I think Peru has a GREAT opportunity at cultivating and exporting first-class olives. What are they waiting for?
# Enrique Castro says :
2 December, 2008 [ 10:59 ] Hi,
Very good article. Consumers around the world are looking for natural and healthy products, such as our Peruvian Natural Black Olive, known as “de botija” (de bo-tee-ha), a juicy, meaty, shiny, tender and flavorful olive, as opposed to the lye/caustic soda cured olives (the case of the majority of table olives in the world)
I am an olive producer and processor in Tacna, Southern Peru. We are looking for export opportunities so please feel free to contact us. Kind Regards, Enrique
# G. S\'Worth says :
22 June, 2009 [ 02:33 ] Hi Enrique,
I would like to discuss with you exporting opportunities for the Pervian black olives-- Please contact me: my emai is gladd29@earthlink.net
I live in Houston, Texas
see yea
# Robert Cummings says :
1 September, 2009 [ 10:47 ] Hi Enrique, I currently buy the Organic dried Olivico olives from Peru in the plastic bags and really like the product. Are these yours? I am interested in these or some like them. They are a great seller. I'd like to know what you have. Thanks, Robert Cummings Robtcummings@yahoo.com
# Ernesto Silva says :
23 September, 2009 [ 05:17 ] Quique -
Very interested in the import of olives to the West Coast...please contact me to essilva4@yahoo.com