The global import of olive oil and fractions blends in 2023 showcased Spain as the dominant importer, followed by Italy, the United States, and China. Spain held a significant share, greatly surpassing other countries. Year-on-year trends in 2023 revealed notable growth in imports by markets like Azerbaijan and Brazil experiencing drastic declines. Several European countries, such as Italy and Poland, maintained steady import levels, whereas the United States and other large markets indicated moderate growth.
Future trends to watch include increased demand from emerging markets like China and India, reflecting changing consumer preferences. Technological advances in agriculture and global supply chain adaptability may impact olive oil trade dynamics, potentially influencing the market share of traditional leaders like Spain and Italy.
Top countries in Import of Olive Oil and Fractions Blends Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 33.78 | 2023 | +4.93% | +4.08% | View data |
| 2 | 2 Italy | 16.61 | 2023 | +3.17% | +2.59% | View data |
| 3 | 3 United States | 6.03 | 2023 | +0.69% | +1.21% | View data |
| 4 | 4 China | 3.45 | 2023 | +2.82% | +7.72% | View data |
| 5 | 5 Germany | 2.98 | 2023 | +3.72% | +3.38% | View data |
| 6 | 6 Russia | 2.89 | 2023 | +3.11% | +3.19% | View data |
| 7 | 7 Portugal | 2.68 | 2023 | +3.01% | +4.21% | View data |
| 8 | 8 India | 2.2 | 2023 | +5.18% | +4.13% | View data |
| 9 | 9 United Kingdom | 2.15 | 2023 | +2.99% | +4.86% | View data |
| 10 | 10 Mexico | 2.15 | 2023 | +5.33% | +5.34% | View data |
