The olive oil supply in China for 2024 is forecasted at 44.0 thousand metric tons, with values remaining consistent in 2025 and increasing slightly to 45.0 thousand metric tons from 2026 through 2028. The base year 2023 saw an actual supply of 44.0 thousand metric tons. This indicates a zero percent variation year-on-year from 2023 to 2025, followed by a 2.3% increase in 2026 and stability in subsequent years. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 0.45%, showing slow but steady growth.
Future trends to watch for include potential impacts of climate change on olive oil production, changes in consumer preferences toward healthier oils in China, and possible government policies affecting agricultural imports and domestic production. Monitoring technological advancements in agriculture that could boost productivity could also provide further insights into future supply trends.
