Key Market Indicators
Consumption of olives in Cyprus is predicted to remain stable over the next five years, reaching 4,000 metric tons in 2026. In 2021, the country was ranked 44th in the world, with Kuwait holding the highest consumption at 4,000 metric tons. Italy, the United States, and Greece followed in second, third, and fourth place, respectively. Cyprus' olive production is expected to grow 2.5% each year, reaching 29,630 metric tons by 2026. In 2021, the country ranked 24th in the world, with Iraq taking the top spot at 25,480 metric tons. Italy, Morocco and Greece followed in second, third and fourth place, respectively.