Key Market Indicators
Thai demand for olive oil is expected to rise 1.1% year-on-year in the next five years, reaching 5,400 metric tonnes in 2026. Since 2017, Thai olive oil consumption has remained steady. In 2021, the country ranked 38th in the world, with South Africa overtaking it with 5,000 metric tonnes. Spain, the US and Greece were the second, third and fourth largest consumers, respectively.