Key Market Indicators
Olive production in Azerbaijan is projected to decline slightly to 1,180 metric tons by 2026. This is a 0.1% decrease from 2021's 1,190 metric tons. Since 1997, production has dropped 5.6% each year on average. In 2021, Brazil led the world in olive production with 1,190 metric tons, while Azerbaijan placed 35th. Italy, Morocco, and Greece came in second, third, and fourth place respectively. In 2018, Azerbaijan consumed 1 thousand metric tons of olives, just one year after consuming 1 thousand metric tons. The country came in 63rd place, as Cuba topped the rankings with 1 thousand metric tons. Italy, the United States, and Greece followed in second, third, and fourth place.