The European market for crude olive oil production is dominated by Spain and Italy, which together account for over 90% of the share in Euros. As of 2023, Spain holds a commanding position with a 61.38% share, while Italy follows with 30.33%. Portugal and Greece constitute modest shares at 4.54% and 2.41%, respectively. Minor contributors include the UK, France, and other nations. Noteworthy is the 2023 trend where Spain saw a slight increase, while Italy and Portugal saw declines. The UK and Croatia increased, with the latter experiencing the highest growth. Throughout the past five years, the compound annual growth rates reflect these shifts.
Future trends to watch include potential expansion efforts in other European countries aiming to increase their market presence in crude olive oil production. Technological advancements, climate effects, and policy changes could alter production capacities and international competitiveness, impacting these market shares in coming years.
Top countries in Sold Production of Crude Olive Oil Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 61.38 | 2023 | +4.6% | +0.49% | View data |
| 2 | 2 Italy | 30.33 | 2023 | +0.01% | -5.84% | View data |
| 3 | 3 Portugal | 4.54 | 2023 | +0.0092% | -6.99% | View data |
| 4 | 4 Greece | 2.41 | 2023 | +1.92% | -0.67% | View data |
| 5 | 5 United Kingdom | 0.12 | 2023 | +5.58% | +6.24% | View data |
| 6 | 6 France | 0.11 | 2023 | +16.82% | View data | |
| 7 | 7 Croatia | 0.072 | 2023 | +4.25% | +8.95% | View data |
| 8 | 8 Denmark | 0.001 | 2023 | +0.0076% | -1.41% | View data |
| 9 | 9 Sweden | 0 | 2023 | 0% | View data | |
| 10 | 10 Lithuania | 0 | 2023 | +1.53% | -16.39% | View data |
