Italy leads Europe's refined olive oil imports at 27.54%, despite a modest decline of 0.79% in 2023. The United Kingdom, with a 20.16% share, has grown by 2.33%, and Portugal at 15.45% has decreased by 5.59%. The Netherlands and Germany have shown slight increases, while Spain's share fell by 6.93%. Smaller markets like Sweden (1.27%) and Greece (0.97%) experienced substantial growth rates of 8.49% and 11.67% respectively.
The import landscape for refined olive oil is shifting, with emerging markets like Sweden and Greece showing strong growth potential. Watch for increased demand in these areas, as well as potential volatility in traditionally dominant markets like Portugal and Spain.
Top countries in Import of Refined Olive Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27.54 | 2023 | +0.61% | -0.79% | View data |
| 2 | 2 United Kingdom | 20.16 | 2023 | +1.9% | +2.33% | View data |
| 3 | 3 Portugal | 15.45 | 2023 | +2.35% | -5.59% | View data |
| 4 | 4 Netherlands | 6.87 | 2023 | +8.37% | +3.92% | View data |
| 5 | 5 Spain | 5.8 | 2023 | +1.28% | -6.93% | View data |
| 6 | 6 Germany | 5.6 | 2023 | +0.52% | +0.35% | View data |
| 7 | 7 France | 3.5 | 2023 | -3.37% | -4.25% | View data |
| 8 | 8 Belgium | 2.89 | 2023 | +2.65% | +1.66% | View data |
| 9 | 9 Austria | 2.69 | 2023 | +7.5% | -0.47% | View data |
| 10 | 10 Sweden | 1.27 | 2023 | +3.51% | +8.49% | View data |
