In 2024, the European Olives Price Index reveals Portugal leading with a value of 17.53 (in Thousands, 2015 = 100), followed by Malta and Croatia. From 2022 to 2023, Portugal experienced a 26.08% increase, Malta 21.76%, and Spain 18.45%, indicating robust growth in these markets. Over the last five years, the compound annual growth rate highlights Portugal's strong performance. Greece and Italy show modest but steady growth, suggesting stability rather than rapid expansion.
Future trends to watch include the impact of climate change on olive production, potential shifts in consumer preferences towards sustainability, and trade policy changes affecting the olive oil market within Europe.
Top countries in Olives Price Index by Country
| # | 7 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 175.3 | 2022 | +71.98% | +26.08% | View data |
| 2 | 2 Malta | 169.48 | 2022 | -16.35% | +21.76% | View data |
| 3 | 3 Croatia | 149.72 | 2022 | +1.7% | +6.36% | View data |
| 4 | 4 Spain | 140.27 | 2022 | +42.99% | +18.45% | View data |
| 5 | 5 Cyprus | 131.6 | 2022 | +27.85% | +6.49% | View data |
| 6 | 6 Greece | 117.38 | 2022 | +16.88% | +2.9% | View data |
| 7 | 7 Italy | 112.1 | 2022 | +25.96% | +6.73% | View data |