In 2023, Spain led global olive demand with 10.13 million metric tons. Countries like Greece, Italy, and Egypt showed positive demand growth, with notable year-on-year increases driven by robust consumption trends. However, countries such as Morocco and Russia experienced declines. Over the past five years, the olive market has grown at a steady CAGR, highlighting sustained interest in olives.
Looking ahead, anticipate continued growth in emerging markets, driven by increasing culinary trends and health awareness. Additionally, focus on sustainability and production innovations as potential key drivers in shaping future olive demand across countries.
Top countries in Olives Demand by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 10,130 | 2023 | +3.51% | +1.93% | View data |
| 2 | 2 Greece | 2,580 | 2023 | +0.51% | +0.73% | View data |
| 3 | 3 Italy | 1,690 | 2023 | -1.8% | +2.17% | View data |
| 4 | 4 Morocco | 1,300 | 2023 | -0.46% | -2.23% | View data |
| 5 | 5 Egypt | 1,160 | 2023 | +3.12% | +3.44% | View data |
| 6 | 6 Algeria | 905 | 2023 | +2.49% | +1.82% | View data |
| 7 | 7 Tunisia | 878 | 2023 | +2.45% | +1.3% | View data |
| 8 | 8 Portugal | 824 | 2023 | +2.62% | +3.35% | View data |
| 9 | 9 United States | 320 | 2023 | +1.59% | +2.27% | View data |
| 10 | 10 Argentina | 276 | 2023 | +0.36% | +2% | View data |
