Olive oil demand in India stood at 13.0 Thousand Metric Tons in 2023. From 2014 to 2023, the demand showed varying growth patterns, with notable increases from 2014 to 2017. However, from 2018 to 2020, the demand stabilized at 12.0 Thousand Metric Tons, only to rise again in 2021 by 8.33%, and thereafter maintaining a stable volume of 13.0 from 2022. The compounded annual growth rate (CAGR) over the last five years (2019-2023) is 1.61%.

Future trends to watch for:

The forecast for 2024 to 2028 predicts a moderate annual growth rate of 1.49%.
The overall growth rate over these next five years is expected to be 7.69%.
Factors like health trends, import policies, and domestic production changes could influence future demand significantly.