The European olive oil import market in 2023 shows Italy leading with 26.09% of total kilogram imports, followed closely by the United Kingdom at 20.34%, which saw a year-on-year increase of 8.51%. With a positive trend, countries like the Netherlands and Sweden recorded growth of 5.28% and 7.7%, respectively, while traditional producers like Spain and Italy saw declines. Portugal maintains a significant share at 15.87% with steady growth. Meanwhile, smaller importers like Cyprus and Malta experienced significant downturns.
Future trends to watch involve increased demand in Northern Europe, driven by lifestyle changes and health trends, which could alter the import dynamics, particularly benefiting countries experiencing positive growth like the UK, and potentially decreasing the share of traditional Mediterranean countries such as Italy and Spain if they do not adapt to changing demand patterns.
Top countries in Import of Olive Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 26.09 | 2023 | -1.72% | -1.98% | View data |
| 2 | 2 United Kingdom | 20.34 | 2023 | +3.36% | +8.51% | View data |
| 3 | 3 Portugal | 15.87 | 2023 | +1.5% | +0.56% | View data |
| 4 | 4 Netherlands | 7.44 | 2023 | +15.68% | +5.28% | View data |
| 5 | 5 Spain | 6.54 | 2023 | -0.56% | -4.52% | View data |
| 6 | 6 Germany | 5.06 | 2023 | +0.71% | +0.98% | View data |
| 7 | 7 France | 2.76 | 2023 | -1.76% | -2.42% | View data |
| 8 | 8 Greece | 2.06 | 2023 | +10.52% | +5.48% | View data |
| 9 | 9 Belgium | 2.01 | 2023 | +0.72% | -0.3% | View data |
| 10 | 10 Austria | 1.86 | 2023 | +7.31% | -0.77% | View data |
