Spain dominates the global olives production with a remarkable share of 44.3%, maintaining a steady growth of 1.92% in 2023. Notable increases in production were also observed in Australia, the United States, and Iran with growth rates of 3.91%, 3.97%, and 3.3% respectively. In contrast, Morocco and Iraq experienced declines in production by 2.2% and 19.73%, respectively. Noteworthy average annual increases over the past five years were seen in Portugal, Egypt, and Spain, hinting at stable market improvements in these regions.
Future trends to watch include potential growth in emerging olive-producing regions, driven by technological advancements and climate adaptations, while traditional producers may face challenges from fluctuating weather conditions and market dynamics. Monitoring these factors will be critical in forecasting the global olive production landscape.
Top countries in Olives Production Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 44.3 | 2023 | +3.46% | +1.92% | View data |
| 2 | 2 Greece | 11.7 | 2023 | +0.42% | +0.62% | View data |
| 3 | 3 Italy | 8.76 | 2023 | +0.094% | +1.81% | View data |
| 4 | 4 Morocco | 5.73 | 2023 | -0.29% | -2.2% | View data |
| 5 | 5 Egypt | 5.27 | 2023 | +3.21% | +3.48% | View data |
| 6 | 6 Algeria | 3.9 | 2023 | +2.81% | +1.99% | View data |
| 7 | 7 Tunisia | 3.61 | 2023 | +2.33% | +1.28% | View data |
| 8 | 8 Portugal | 3.6 | 2023 | +2.69% | +3.48% | View data |
| 9 | 9 Argentina | 1.29 | 2023 | -0.63% | +0.65% | View data |
| 10 | 10 United States | 0.74 | 2023 | +2.26% | +3.97% | View data |