Spain remains the dominant player in global olives demand, accounting for 43.56 thousand metric tons. Greece and Italy follow, with 11.08 and 7.26 thousand metric tons, respectively. Among notable growth, Egypt shows a significant year-on-year increase of 3.44%, while Morocco experiences a decline of -2.23%. The United States, although lower in overall volume, grew by 2.27% year-on-year. The top producing countries generally exhibit stable or positive growth, barring a few like Russia and Bulgaria, which saw decreases of -3.41% and -3.04%, respectively.
Future trends to watch include continuing growth in non-traditional markets such as Portugal and Australia, alongside potential demand increases in emerging markets like Croatia. Political stability and climate change will also play crucial roles in shaping the global olives demand landscape.
Top countries in Olives Demand Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 43.56 | 2023 | +3.51% | +1.93% | View data |
| 2 | 2 Greece | 11.08 | 2023 | +0.51% | +0.73% | View data |
| 3 | 3 Italy | 7.26 | 2023 | -1.8% | +2.17% | View data |
| 4 | 4 Morocco | 5.58 | 2023 | -0.46% | -2.23% | View data |
| 5 | 5 Egypt | 4.98 | 2023 | +3.12% | +3.44% | View data |
| 6 | 6 Algeria | 3.89 | 2023 | +2.49% | +1.82% | View data |
| 7 | 7 Tunisia | 3.78 | 2023 | +2.45% | +1.3% | View data |
| 8 | 8 Portugal | 3.54 | 2023 | +2.62% | +3.35% | View data |
| 9 | 9 United States | 1.38 | 2023 | +1.59% | +2.27% | View data |
| 10 | 10 Argentina | 1.19 | 2023 | +0.36% | +2% | View data |
