Key Market Indicators
Israel is expected to consume 22,700 metric tons of olive oil by 2026, a 0.5% increase year-on-year since 2017. In 2021, the country ranked 18th in terms of demand, with Saudi Arabia taking the lead at 22,000 metric tons. Spain, the US and Greece held the 2nd, 3rd and 4th spots respectively. Production of olive oil in Israel is expected to reach 22,030 metric tons by 2026, a 2.3% year-on-year growth since1966. In 2021, the country was in 16th place, with Jordan surpassing it at 19,170 metric tons. Greece, Italy and Tunisia held the 2nd, 3rd and 4th positions respectively.