Analyzing the forecast for olive oil domestic consumption in China, we observe that consumption remains steady at 44.0 thousand metric tons for 2024 and 2025 and increases slightly to 45.0 thousand metric tons from 2026 to 2028. In 2023, the consumption stood at 43.0 thousand metric tons, indicating a nominal increase year-on-year of approximately 2.3% from 2023 to 2024. The compound annual growth rate (CAGR) from 2024 to 2028 shows a minimal average increase, suggesting stable consumption growth over this period.
Future trends to watch for include potential shifts in consumer preferences towards healthier oils and the impact of marketing and education on olive oil's benefits. Additionally, trade policies and domestic production capabilities could influence future consumption patterns.
