Key Market Indicators
Peruvian consumption of Olive Oil is predicted to reach 2.08 thousand metric tons by 2026, up 0.6% on average year-on-year from 2021's 2 thousand metric tons. Demand in Peru has been steady since 2017, with the country ranked 53rd in 2021 - Macedonia was in the lead with 2 thousand metric tons. Spain, the US and Greece were placed second, third and fourth respectively. Meanwhile, Peruvian Olive Oil Production is forecast to reach 1,840 metric tons by 2026, up 3.3% on average year-on-year from 2021's 1,510 metric tons. Supply in Peru has grown 16.7% annually since 2008, with the country placed 24th in 2021 - El Salvador took the lead with 1,510 metric tons. Greece, Italy and Tunisia were placed second, third and fourth respectively.