International Olive Council (IOC)
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Economic Affairs & Promotion Services
The distinctive geographical, economic and social features of olive growing highlighted in the 2015 International Agreement on Olive Oil and Table Olives underlie the economic objectives assigned to the International Olive Council. These objectives include expanding international trade, working to achieve a smooth world olive oil market and drawing up norms and procedures for international trading in olive oil and table olives.
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The Economy and Promotion Unit of the IOC Executive Secretariat helps to achieve these objectives by carrying out the following activities:
- Market-related activities
- Activities relating to IOC work
- Activities relating to the IOC Executive Secretariat
MARKET-RELATED ACTIVITES
- Regular market tracking and analysis (markets for olive oils, olive-pomace oils, table olives, other oils and fats). This work involves:
- Updating and processing the IOC statistical database on the world markets for olive oils, table olives and for other fluid edible vegetable oils and fats.
- Reviewing market conditions.
- Tracking olive oil and table olive imports by the countries where the IOC conducts promotional activities.
- Conducting retrospective and prospective studies on the olive oil and table olive market.
- Monitoring national policies, with the focus on:
- Tracking national olive acreage and geographical distribution of world olive resources.
- Tracking policy measures concerning production, marketing, domestic consumption and international trade in olive products and other national developmental policies.
- Tracking bilateral or multilateral agreements between countries on trading in olive oils and table olives.
- Implementing the measures agreed upon by the World Trade Organisation for market access, domestic support arrangements, the reduction of subsidies and special clauses.
- Monitoring economic surveys, studies and research on the olive/olive oil sector carried out by research and development agencies.
ACTIVITIES RELATING TO IOC WORK
- Preparation of working documents describing and analysing economic conditions on the olive oil and table olive markets, which are then examined by the IOC at its sessions.
- Carrying out of market research and other economic analysis and statistical work on the olive/olive sector requested by the IOC Members.
ACTIVITIES RELATING TO THE IOC EXECUTIVE SECRETARIAT
- Regular contribution of sectoral analysis articles for the IOC magazine, OLIVAE, and review of economic manuscripts submitted by outside authors.
