Key Market Indicators
Consumption of olives in Argentina is expected to reach 50,000 metric tons by 2026. This is a 0.5% increase per year since 2021, when the demand was at 49,000 metric tons. Since 2017, demand has decreased by 2% per year. In 2021, Argentina was ranked 11th in the world, with Germany overtaking the country at 49,000 metric tons. Italy, the USA, and Greece were ranked second, third, and fourth respectively. Production of olives in Argentina is forecasted to reach 398,000 metric tons by 2026. This is an average of 2.2% per year since 2021, when the supply was at 349,920 metric tons. Since 1966, the supply has risen by 7.2% each year. In 2021, Argentina was ranked 10th in the world, with Syria overtaking the country at 349,920 metric tons. Italy, Morocco, and Greece took the 2nd, 3rd, and 4th spots respectively.
