Spain consolidates its leadership in the export of olives to India

The olive market in India presents a promising outlook for Spanish exports, with an estimated annual growth of 4.2% during the period 2024-2030, according to the study prepared by the Economic and Commercial Office of Spain in New Delhi. Spain is already positioned as the main supplier of olives to India, both in the category of prepared olives (with 33% of the market) and in that of preserved olives. Competition and tariffs Spain's main competitor in the Indian market is Egypt, followed by Morocco, Turkey, the United States, Italy and Portugal. However, Spanish olives represent 33.59% of total imports of tariff heading 200570 and 70.91% of heading 071120 in 2022, standing out for their volume and value. The tariff for importing olives to India is 30% for all tariff items, and it is necessary to comply with the regulations of the Food Safety and Standards Authority of India (FSSAI). The average price per kilogram of whole pitted green olives in India is 547.78 rupees (6.10 euros), ...