The olive oil demand in the Netherlands has shown varying trends over the past decade. Between 2014 and 2023, the volume fluctuated, notably with a significant 75% year-on-year increase in 2015, followed by a sharp 32.14% drop in 2016. From 2017 to 2023, the demand stabilized at around 18-19 thousand metric tons, with minor fluctuations and an overall CAGR of 1.09% from 2019. The demand stood at 19 thousand metric tons in 2023, with no year-on-year change.
Looking ahead, the forecast data from 2024 to 2028 predict steady demand at approximately 19 thousand metric tons, indicating no expected growth. The forecasted five-year CAGR and growth rate are both projected to be stable at 0%.
Future trends to watch for include potential shifts in consumer preferences towards healthier eating, changes in dietary trends, and the impact of sustainability practices on olive oil production and consumption. Additionally, economic factors, trade policies, and price variations in the global market could influence future demand.
