The European olive oil export market in 2023 is largely dominated by Spain, holding a significant lead with a 72.89% share. This leaves Italy at a distant second with 14.96%, followed by Portugal and Greece at 5.78% and 3.45% respectively. Other countries like Germany, Netherlands, and France have much smaller shares, each below 1%. Notably, Spain, Portugal, and northern nations like the Netherlands and France showed growth, while Greece and the United Kingdom saw declines. Over a five-year period, this indicates a steady dominance by Spain, with Portugal starting to exhibit more prominent growth.
Future trends to watch include potential shifts owing to climate change affecting crop yields, innovations in sustainable production increasing export appeal, and evolving trade agreements which could alter existing market dynamics. Monitoring how countries adapt to these variables will be key to understanding future dynamics in the European olive oil export market.
Top countries in Export of Olive Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 72.89 | 2023 | +3.3% | +4.39% | View data |
| 2 | 2 Italy | 14.96 | 2023 | -0.9% | +0.62% | View data |
| 3 | 3 Portugal | 5.78 | 2023 | +0.67% | +7.05% | View data |
| 4 | 4 Greece | 3.45 | 2023 | +0.82% | -6.72% | View data |
| 5 | 5 Germany | 0.56 | 2023 | +10.87% | +4.55% | View data |
| 6 | 6 Netherlands | 0.41 | 2023 | +18.72% | +9.01% | View data |
| 7 | 7 France | 0.4 | 2023 | +1.98% | +9.08% | View data |
| 8 | 8 Austria | 0.4 | 2023 | +24.8% | +5.75% | View data |
| 9 | 9 Belgium | 0.3 | 2023 | +9.92% | +7.31% | View data |
| 10 | 10 United Kingdom | 0.21 | 2023 | -5.53% | -6.04% | View data |
