The European sold production of crude olive oil in 2024 is dominated by Spain, with a significant value of 4.28 billion euros, followed by Italy at 2.12 billion euros. Portugal and Greece contribute smaller shares, at 0.32 and 0.17 billion euros respectively. Other countries, such as the United Kingdom, France, and Croatia, represent minor portions of the market.
In 2023, Spain experienced a modest increase in production value by 0.49%, while Italy and Portugal saw declines of 5.84% and 6.99% respectively. The UK noted a positive growth of 6.24%, and Croatia showed the highest increase at 8.95%. Greece experienced a slight decline of 0.67%.
Future trends to watch include potential increases in production efficiency in leading countries like Spain and Italy, as well as market fluctuations driven by climate change, consumer preferences, and possible advances in agricultural technologies.
Top countries in Sold Production of Crude Olive Oil by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 4,283,500,000 | 2023 | +4.6% | +0.49% | View data |
| 2 | 2 Italy | 2,116,400,000 | 2023 | +0.01% | -5.84% | View data |
| 3 | 3 Portugal | 316,980,000 | 2023 | +0.0092% | -6.99% | View data |
| 4 | 4 Greece | 168,230,000 | 2023 | +1.92% | -0.67% | View data |
| 5 | 5 United Kingdom | 8,509,000 | 2023 | +5.58% | +6.24% | View data |
| 6 | 6 France | 7,981,200 | 2023 | +16.82% | View data | |
| 7 | 7 Croatia | 4,998,100 | 2023 | +4.25% | +8.95% | View data |
| 8 | 8 Denmark | 52,500 | 2023 | +0.0076% | -1.41% | View data |
| 9 | 9 Sweden | 3,910 | 2023 | 0% | View data | |
| 10 | 10 Lithuania | 3,510 | 2023 | +1.53% | -16.39% | View data |