The European import market for crude olive oil in 2023 displayed notable variations in volume. Italy led with 565.68 million kilograms, showing a 3.16% year-on-year increase. Spain and Portugal followed, with Spain witnessing a robust 7.75% growth. Germany and France saw moderate increases, while Denmark experienced the highest growth rate at 18.17%. In contrast, Estonia and Ireland faced declines, with Ireland decreasing by 2.35%. Greece experienced a significant upsurge of 23.33%, indicating potential market shifts. Cyprus and Austria also showed strong growth at 9.19% and 9.01%, respectively.
Looking ahead, future trends to watch include the potential impact of climate change on olive production, shifts in consumer preferences towards healthier oils, and the effect of European Union agricultural policies on import patterns. Additionally, increased production capabilities in non-EU countries could impact the European market's import dynamics.
Top countries in Import of Crude Olive Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 565,680,000 | 2023 | +2.96% | +3.16% | View data |
| 2 | 2 Spain | 340,550,000 | 2023 | +8.99% | +7.75% | View data |
| 3 | 3 Portugal | 142,520,000 | 2023 | +8.66% | +13.1% | View data |
| 4 | 4 France | 138,820,000 | 2023 | +2.03% | +4.12% | View data |
| 5 | 5 Germany | 84,137,000 | 2023 | +4.98% | +7.43% | View data |
| 6 | 6 United Kingdom | 53,064,000 | 2023 | +5.68% | +7.73% | View data |
| 7 | 7 Netherlands | 15,814,000 | 2023 | +1.25% | +5.79% | View data |
| 8 | 8 Belgium | 15,546,000 | 2023 | +0.3% | +3.15% | View data |
| 9 | 9 Poland | 13,467,000 | 2023 | +6.11% | +10.25% | View data |
| 10 | 10 Sweden | 11,753,000 | 2023 | +4.41% | +5.69% | View data |
