Key Market Indicators
Demand for Russian olive oil is projected to decrease by 2.9% year on year over the next five years. In 2021, Russia is the 20th largest consumer of olive oil in the world, with 15.9 thousand metric tons consumed. This is a 4.8% drop compared to 2017. Egypt is the largest olive oil consumer in 2021, with 19 thousand metric tons. Spain, the United States, and Greece follow, ranking second, third, and fourth respectively.
