Peak and Trough in Export Value

The peak export value of olive oil from the UK was recorded in 2011 at £11,104,000, while the lowest was in 2009 at £5,006,000. This indicates a significant fluctuation in export value over the years, with the highest value being more than double the lowest.

Recent Decline in Export Value

From 2018 to 2022, there has been a noticeable decline in the export value of olive oil, dropping from £8,560,000 in 2018 to £7,151,000 in 2022. This trend suggests a recent downturn in the UK's olive oil export market.

A Decade of Variation

The decade from 2013 to 2022 showcased notable variability in the export value of olive oil, with figures oscillating between £5,006,000 and £9,076,000. Such fluctuations reflect the volatile nature of the olive oil export market in the UK.

Export Value Recovery after 2010

After a significant drop in 2010 to £5,666,000, the export value of olive oil saw a remarkable recovery in 2011, jumping to £11,104,000. This rapid rebound illustrates the market's resilience and ability to recover from downturns.

Stability before the Recent Decline

Before the recent decline observed from 2018 onwards, the UK's olive oil export value remained relatively stable above £7,500,000 from 2015 to 2017. This period of stability indicates a once robust demand for UK-exported olive oil.

Long-term Growth from 2003 to 2011

From 2003 to 2011, the UK's olive oil export value experienced a long-term growth trend, starting from £9,969,000 and peaking at £11,104,000. This growth period underscores the expanding market reach of UK olive oil exports during these years.