The olives production in Argentina stood at 369.22 thousand metric tons in 2023. Historically, the production has experienced mixed variations with significant increases and decreases, notably with a peak growth of 98.76% in 2014 and a sharp decline of 26.07% in 2016. Over the last two years, production observed moderate growths of 2.79% in 2022 and 2.66% in 2023. The Compound Annual Growth Rate (CAGR) over the past 5 years was 3.96%. Future forecasts predict a steady increase, with a 5-year CAGR of 1.99% and an overall growth rate of 10.38% by 2028.
Future trends to watch for:
• Potential impacts of climate change on olive yields.
• Adoption of advanced agricultural technologies.
• Market demand and pricing trends affecting production levels.
