In 2023, Spain dominated the global export of virgin olive oil with significant volume, followed by Italy and Portugal. The overall positive growth trends were observed in Argentina, Lebanon, and Palestine, showing promising potential. Negative trends were evident in Greece, Egypt, Poland, and Jordan, impacting their market shares. Fast growth was also noticed in Moldova and Japan. Meanwhile, countries like Sweden and United Arab Emirates experienced solid growth in their exports. Overall, the compound annual growth rate over the last five years indicates resilience and adaptability in several countries despite global challenges.
Future trends indicate an increasing demand for sustainable and organic products, driving premium pricing. The ongoing climate changes may impact production yields, influencing export dynamics. Rapidly developing economies, like in the Middle East and Asia, are likely to see increased consumption. Potential trade policies and regional collaborations may also alter export strategies and market competitiveness.
Top countries in Export of Virgin Olive Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 759,630,000 | 2023 | +1.53% | +2.12% | View data |
| 2 | 2 Italy | 254,370,000 | 2023 | +0.32% | +0.57% | View data |
| 3 | 3 Portugal | 184,290,000 | 2023 | +4.45% | +3.49% | View data |
| 4 | 4 Greece | 110,730,000 | 2023 | -0.38% | -5.64% | View data |
| 5 | 5 Argentina | 27,030,000 | 2023 | +2.6% | +6.64% | View data |
| 6 | 6 Chile | 13,586,000 | 2023 | +3.37% | -0.74% | View data |
| 7 | 7 Morocco | 12,340,000 | 2023 | +1.19% | -0.025% | View data |
| 8 | 8 France | 9,875,000 | 2023 | +2.7% | +2.8% | View data |
| 9 | 9 Palestine | 9,748,600 | 2023 | +3.45% | +3.96% | View data |
| 10 | 10 United States | 4,943,500 | 2023 | +1.27% | +1.78% | View data |
