Key Market Indicators
Chilean olive consumption is projected to reach 31,000 metric tons by 2026, increasing at a 0.4% annual rate from 30,000 metric tons in 2021. Since 2017, demand has remained stable, with Chile ranking 16th in 2021, behind Iran's 30,000 metric tons. Italy, the United States, and Greece followed as the second, third, and fourth biggest consumers. Meanwhile, Chilean olive production is forecast to total 159,000 metric tons by 2026, with an average year-on-year growth rate of 2.4%. Since 1966, supply has increased by 3.9% each year. In 2021, the country ranked 14th, with Libya in the lead at 138,190 metric tons. Italy, Morocco, and Greece held the subsequent positions.
