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CONTENT
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OLIVE OIL INDUSTRY IN LEBANON CONTENT 1 SECTOR OVERVIEW 2 TRADE - - PowerPoint PPT Presentation
OLIVE OIL INDUSTRY IN LEBANON CONTENT 1 SECTOR OVERVIEW 2 TRADE - - PowerPoint PPT Presentation
OLIVE OIL INDUSTRY IN LEBANON CONTENT 1 SECTOR OVERVIEW 2 TRADE STATISTICS 3 INVESTMENTS IN THE SECTOR IDAL | 2014 SECTOR OVERVIEW SECTOR OVERVIEW 1 Main Geographical Features Olive oil is amongst the most prominent Lebanese signature
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SECTOR OVERVIEW
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Main Geographical Features
Olive oil is amongst the most prominent Lebanese signature agro-industrial products, and a proud part of the country’s history and culinary tradition. Lebanon's diverse topography, fertile soil, microclimates, and olive varieties allow farmers to produce uniquely flavored products.
SECTOR OVERVIEW
Lebanese olive trees are on average and are mostly rain fed.
150 years old
This represents
- f the Lebanese territory.
5.4%
Or
- f total agricultural lands in Lebanon.
8%
is occupied by olive trees.
563km
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Olive groves are grown in six major regions
Extending from North to South: Batroun, Koura, Zgharta, Akkar, Rashaya El Foukhar, and Hasbaya, in addition to several other subordinate areas. Each region offers its produce a special taste, native to the specifics of its land. More specifically, around 41% of olive oil production takes place in the North of which 18% in Akkar, followed by Nabatiyeh where 21% of the production is located, 15% in the South, 13% in the Bekaa with more than 9% in the caza of Sour, and 10% in the Mount Lebanon.
SECTOR OVERVIEW
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Mapping of Olive Groves in Lebanon
Source: Ministry of Agriculture
Olive Groves
Distribution of Olive Oil Trees in Lebanon by harvested area | 2010
North 41% Nabatieh 21% South 15% Bekaa 13% Mount Lebanon 10%
Source: Ministry of Agriculture
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Olive Oil Production
Around 70% of the olive trees are destined to the production of olive oil, and the remaining ones are destined to the production of table olives. The oil productivity of the olives in Lebanon ranges from 18-25%.
SECTOR OVERVIEW
Product
Olive & Olive Oil Production in Lebanon Net Weight Tons | 2007-2011
Olives 76,200 83,000 86,700 81,000 90,307 Olive Oil 7,500 11,000 11,000 10,000 11,300 Virgin Olive Oil* 5,250 7,700 7,700 7,000 7,910 Extra Virgin Olive Oil* 2,250 3,300 3,300 3,000 3,390
Source: FAO 2007 2008 2009 2010 2011
* Around
- f total production consisted of
extra virgin olive oil, the most refined type of olive oil
30%
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Olive Oil Mills
Lebanon has about 544 registered oil mills distributed throughout its regions as follows:
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Existing Mills by Region | 2010
Source: Ministry of Environment
Bekaa
21
Mount Lebanon
110
South
139
North
274
4
there are some
170,000
- live farmers and growers in Lebanon.
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TRADE STATISTICS
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TRADE STATISTICS
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EXPORT PERFORMANCE
Exports of olive oil have been on an upward trend over the last four of years, growing at a CAGR of 14%, and reaching 4,162 tons in 2012, more than a third of domestic production. Equally noticeable was the predominance of extra virgin olive oil amongst total exports.
Lebanese Olive Oil Exports Net Weight Tons | 2009-2012
Source: Lebanese Customs
Lebanese Olive Oil Export Partners | 2012
Source: Lebanese Customs
United States
22%
UAE
10.5%
Canada
7.3%
Kuwait
8%
Australia
4.5%
Saudi Arabia
20.1%
Qatar
5.9%
Other
21.6%
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TRADE STATISTICS
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Imports Trends
Syria, is Lebanon’s leading importer with 1,594 tons of imported olive oil. The average selling price of the 500 ml bottle of extra virgin oil in the Lebanese market is USD 4.5, while the 750 ml is sold for USD 6.5.
2012
2,213
2011
2,374
2010
3,159
2009
2,626
Evolution of Olive Oil Imports Tons | 2009 - 2012
Source: Lebanese Customs
Italy
0.1%
Lebanon-returned Goods
0.6%
Jordan
2.4%
Tunisia
24.8%
Syrian Arab Republic
72%
Main Olive Oil Partners % share | 2012
Source: Lebanese Customs
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INVESTMENTS IN THE SECTOR
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INVESTMENTS IN THE SECTOR
Investment Trends
1• A number of local producers have sought to specialize
specifically in the production of extra virgin olive oil, which has a growing export potential.
2• Lebanese producers are working on strengthening the
packaging and labeling of their bottles, perfecting the quality of their oil through rigorous testing, and diversifying the flavors of their products.
3• Organic olive oil is becoming more popular, with some
300 ha of land currently dedicated to this field.
Investment Opportunities
1• Demand far exceeds supply in the country, and
Lebanese consumers are sometimes forced to rely on imported products. This leaves room for various investment
- pportunities.
2• Production of extra virgin olive oil, flavored or not, and
- rganic olive oil, both hold favorable prospects.
3• Skilled labor, devoted research (eight agricultural
colleges and various laboratories for testing across Lebanon), and a number of public and private support initiatives, also make investments in olive oil highly attractive.
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Lazarieh Tower, 4th Floor, Emir Bechir Street, Riad El-Solh, Beirut, Lebanon P.O.Box: 113-7251 www.investinlebanon.gov.lb T + 961 (1) 983306/7/8 F + 961 (1) 983302/3 invest@idal.com.lb export@idal.com.lb @Invest_Lebanon /investmentdevelopmentauthorityoflebanon /InvestInLebanon /InvestInLebanon
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