Key Market Indicators
By 2026, Italian olive consumption is projected to reach 200 thousand metric tons, a 0.1% yearly increase from 202 thousand metric tons in 2021. Since 2017, the country's demand has decreased by 1.1% on average every year. In 2021, Italy came in second, behind Egypt with 202 thousand metric tons. Following Italy were the United States and Greece. Italian olive production is expected to reach 1.7 million metric tons by 2026, a decrease of 2.9% from 2021's 2 million metric tons. Since 1966, the country's supply has gone down by 0.3% each year. Last year, Italy was second to Spain, who produced 2 million metric tons. Morocco and Greece placed third and fourth respectively.