Key Market Indicators
Azerbaijan is set to see olive oil production reach 1,310 metric tons by 2026. This is a 2.5% increase year-on-year since 2021, when the country produced 1,130 metric tons. From 2005, production has decreased by 2.9% year-on-year. Azerbaijan ranked 25th in 2021, while Peru was ahead with 1,130 metric tons. Greece, Italy, and Tunisia respectively ranked 2nd, 3rd, and 4th. Azerbaijan's olive oil consumption reached 1,000 metric tons in 2018, up from 1,000 metric tons in 2017. The country ranked 63rd in 2018, with Kenya ahead with 1,000 metric tons. Spain, the United States, and Greece respectively ranked 2nd, 3rd, and 4th.
