In 2023, France's virgin olive oil production stood at 5.83 thousand metric tons. The forecasted production values show an increase reaching 6.49 thousand metric tons by 2028. This represents a consistent year-on-year growth with an approximate increase of 2.3% from 2024 to 2025 and subsequently stabilized growth rates through 2028. Over the five-year period, the compound annual growth rate (CAGR) is projected to average around 2.17%, indicating a steady upward trend for this period.
Future trends to watch for include potential impacts of climate change on olive yields, developments in olive farming technology, and varying consumer demand for premium olive oils. Additionally, shifts in European agricultural policies could influence future production scalability and market dynamics.
