Key Market Indicators
Moroccan olive consumption is set to drop to 18 thousand metric tons by 2026, a decrease of 5.6% from 25 thousand metric tons in 2021. Since 2017, demand has been falling by 4.8% year on year, with Canada overtaking Morocco at 18th place in 2021. Italy, the United States and Greece ranked 2nd, 3rd and 4th respectively. Moroccan olive production is set to increase to 2.2 million metric tons by 2026, a growth of 2.7% from 1.9 million metric tons in 2021. Since 1966, supply has been increasing by 6.3% year on year, with Italy overtaking Morocco in 2021. Italy, Morocco and Greece took the top 3 positions in this ranking.