In 2023, Greece led European table olives production valued at 488.65 million euros, showcasing a 5.55% increase from the previous year. Spain followed with 431.37 million euros but saw a slight decline of 0.53%. Italy remained stable at 141.6 million euros. Portugal's production surged by 19.43% to 17.93 million euros, while Cyprus and Malta also experienced growth at 1.63% and 14.87%, respectively. France's production held steady at 0.27 million euros. Over the past five years, compound annual growth rates indicate Portugal's dynamic expansion amidst relatively flat overall market performance.
Future trends to watch include technological advancements in cultivation and production, potential shifts due to climate change, and evolving consumer preferences towards healthier and sustainably produced olives, which could influence production strategies across Europe.
Top countries in Table Olives Production by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 488.65 | 2023 | -19.03% | +5.55% | View data |
| 2 | 2 Spain | 431.37 | 2023 | +15.11% | -0.53% | View data |
| 3 | 3 Italy | 141.6 | 2023 | -7.63% | View data | |
| 4 | 4 Portugal | 17.93 | 2023 | -0.33% | +19.43% | View data |
| 5 | 5 Cyprus | 2.96 | 2023 | -2.31% | +1.63% | View data |
| 6 | 6 France | 0.27 | 2023 | 0% | 0% | View data |
| 7 | 7 Malta | 0.02 | 2023 | 0% | +14.87% | View data |
