The European export of refined olive oil in 2023 showed Portugal as a dominant player with a significant increase of 662.2%, overshadowing competitors such as Spain and Italy, who faced reductions or modest growths at best. Other noteworthy increases include Italy (11.79%) and Greece (9.89%). In contrast, Spain and smaller markets like Cyprus and Slovakia experienced notable declines, with Spain at a drastic -100.0% change.
Looking towards the future, Portugal may continue its exponential growth, though market dynamics can shift notably with the recovery of Spain or emerging markets. Watch for increasing investments, climate impacts, and policy changes affecting production and export capacities.
Top countries in Export of Refined Olive Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 99.92 | 2023 | +92.32% | +662.2% | View data |
| 2 | 2 Spain | 0.039 | 2023 | -15.35% | View data | |
| 3 | 3 Italy | 0.034 | 2023 | +15.65% | +11.79% | View data |
| 4 | 4 Greece | 0.008 | 2023 | -26.14% | +9.89% | View data |
| 5 | 5 Germany | 0.001 | 2023 | +7.27% | +5.21% | View data |
| 6 | 6 Austria | 0 | 2023 | +27.18% | +7.13% | View data |
| 7 | 7 France | 0 | 2023 | +1.66% | +10.89% | View data |
| 8 | 8 Netherlands | 0 | 2023 | +21.75% | +9.62% | View data |
| 9 | 9 Belgium | 0 | 2023 | +12.56% | +10.87% | View data |
| 10 | 10 Latvia | 0 | 2023 | +2.46% | +4.75% | View data |
