In 2023, Spain dominated European olive production, reflected by a producer price value of 1.76 billion Euros. Portugal followed with 0.62665 billion Euros, showing a significant increase. Greece and Italy contributed 0.60353 and 0.15329 billion Euros, respectively. France, Cyprus, and Croatia had smaller shares, with Malta contributing minimally. In 2022, notable shifts included Portugal's 19.39% increase, Croatia's 13.49% growth, and decreases in Cyprus and Malta by 8.27% and 7.79%. The current trends highlight Spain's dominance and Portugal's impressive growth.
Future trends to consider include the potential impact of climate change on olive yields, technological advancements in production, and fluctuations in consumer demand driven by health trends. The industry must also consider the implications of sustainable practices to meet environmental goals and market preferences.
Top countries in Olives Production at Producer Price by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,760 | 2022 | -18.18% | +0.53% | View data |
| 2 | 2 Portugal | 626.65 | 2022 | +49.34% | +19.39% | View data |
| 3 | 3 Greece | 603.53 | 2022 | +100.76% | +4.45% | View data |
| 4 | 4 Italy | 153.29 | 2022 | -7.93% | View data | |
| 5 | 5 France | 62.33 | 2022 | -2.14% | -2.63% | View data |
| 6 | 6 Cyprus | 13.42 | 2022 | +15.99% | -8.27% | View data |
| 7 | 7 Croatia | 0.32 | 2022 | -5.88% | +13.49% | View data |
| 8 | 8 Malta | 0.02 | 2022 | 0% | -7.79% | View data |