The global import of olive oil and its fraction blends is topped by Spain and Italy, with the United States, China, and Germany following as significant importers. Spain leads with a substantial margin, indicating its dominant role in the market. Noteworthy growth is observed in China and some emerging markets like Azerbaijan and Denmark. Meanwhile, countries like Greece and Brazil are experiencing declines. The CAGR over the last five years suggests a moderate but consistent growth in global demand.
Future trends may include increased imports by developing markets and growing demand driven by health-conscious consumers. Attention should be paid to fluctuations in global economic conditions, impacting purchasing power and import volumes.
Top countries in Import of Olive Oil and Fractions Blends by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 181,870,000 | 2023 | +4.93% | +4.08% | View data |
| 2 | 2 Italy | 89,410,000 | 2023 | +3.17% | +2.59% | View data |
| 3 | 3 United States | 32,466,000 | 2023 | +0.69% | +1.21% | View data |
| 4 | 4 China | 18,581,000 | 2023 | +2.82% | +7.72% | View data |
| 5 | 5 Germany | 16,052,000 | 2023 | +3.72% | +3.38% | View data |
| 6 | 6 Russia | 15,574,000 | 2023 | +3.11% | +3.19% | View data |
| 7 | 7 Portugal | 14,446,000 | 2023 | +3.01% | +4.21% | View data |
| 8 | 8 India | 11,854,000 | 2023 | +5.18% | +4.13% | View data |
| 9 | 9 United Kingdom | 11,572,000 | 2023 | +2.99% | +4.86% | View data |
| 10 | 10 Mexico | 11,554,000 | 2023 | +5.33% | +5.34% | View data |
