The forecasted supply of olive oil in Switzerland shows a stable trend from 2024 to 2026, maintaining at 17.0 thousand metric tons each year. An uptick is expected in 2027 and 2028, increasing to 18.0 thousand metric tons each year. Compared to the actual supply in 2023, which stood at 17.0 thousand metric tons, the supply in 2024 remains unchanged, and the projected growth between 2026 and 2027 signifies a year-on-year increase of approximately 5.88%. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period up to 2028 is modest, signaling a steady, incremental growth in the supply of olive oil in Switzerland.
Future trends to watch for:
- Potential impacts of climate change on olive oil production in key exporting countries.
- Increased consumer demand for organic and sustainably-produced olive oil.
- Shifts in trade policies and tariffs that could affect import levels.
- Technological advancements in olive oil extraction and preservation.
