Spain maintains a dominant position in global virgin olive oil production, contributing significantly to the world's supply, with an output of 1.8621 million metric tons in 2023. Other leading producers include Greece, Tunisia, and Italy. While Greece experienced a slight decline, Portugal showed robust growth, highlighting regional variations. Northern African countries like Tunisia and Morocco continue to exhibit a positive trend, with Morocco seeing notable growth. Emerging producers like Lebanon and Argentina are observing significant year-on-year growth, suggesting a potential shift in production dynamics. However, traditional producers such as Italy registered declines, indicating challenges in maintaining production levels.
Future trends indicate potential for diversification in olive oil production, with emerging regions such as Argentina and the United States showing promise due to suitable climatic conditions and innovations in cultivation. Additionally, climate change effects and market demands for sustainable practices may further drive shifts in production regions and volumes. Adaptability and innovation in production techniques will be crucial in shaping the global virgin olive oil landscape.
Top countries in Virgin Olive Oil Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,862,100 | 2023 | +2.41% | +0.79% | View data |
| 2 | 2 Greece | 323,140 | 2023 | -0.023% | -0.28% | View data |
| 3 | 3 Tunisia | 286,980 | 2023 | +2.46% | +0.62% | View data |
| 4 | 4 Italy | 217,590 | 2023 | -7.23% | -4.76% | View data |
| 5 | 5 Morocco | 189,640 | 2023 | +2.78% | +1.69% | View data |
| 6 | 6 Portugal | 137,990 | 2023 | +2.99% | +4.74% | View data |
| 7 | 7 Syria | 118,810 | 2023 | -1.52% | +0.089% | View data |
| 8 | 8 Algeria | 108,370 | 2023 | +3.42% | +2.32% | View data |
| 9 | 9 Lebanon | 57,490 | 2023 | -2.14% | +24.4% | View data |
| 10 | 10 Egypt | 37,560 | 2023 | +4.26% | +5.45% | View data |
