The European export of olive oil is led by Spain, which dominates the market with significant volumes, followed by Italy and Portugal. Spain saw a growth of 4.39%, while Portugal had the highest growth rate at 7.05% in 2023. Notably, Greece experienced a decline of 6.72%. Smaller markets such as Slovenia had notable growths, with a 14.22% increase. However, countries like Bulgaria and Slovakia experienced significant declines. The five-year CAGR indicates ongoing trends, with Spain maintaining its leading position.
Future trends may include increasing demand for premium and organic olive oils, technological advancements in production leading to higher efficiencies, and diversification of export markets beyond Europe. Sustainability practices and environmental regulations are likely to impact production and export strategies.
Top countries in Export of Olive Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 395,290,000 | 2023 | +3.3% | +4.39% | View data |
| 2 | 2 Italy | 81,153,000 | 2023 | -0.9% | +0.62% | View data |
| 3 | 3 Portugal | 31,339,000 | 2023 | +0.67% | +7.05% | View data |
| 4 | 4 Greece | 18,736,000 | 2023 | +0.82% | -6.72% | View data |
| 5 | 5 Germany | 3,060,200 | 2023 | +10.87% | +4.55% | View data |
| 6 | 6 Netherlands | 2,204,500 | 2023 | +18.72% | +9.01% | View data |
| 7 | 7 France | 2,190,800 | 2023 | +1.98% | +9.08% | View data |
| 8 | 8 Austria | 2,158,700 | 2023 | +24.8% | +5.75% | View data |
| 9 | 9 Belgium | 1,601,600 | 2023 | +9.92% | +7.31% | View data |
| 10 | 10 United Kingdom | 1,119,700 | 2023 | -5.53% | -6.04% | View data |
