In 2024, Portugal dominates European exports of refined olive oil with a substantial lead compared to other countries. While Portugal shows a remarkable growth of 662.2% from the previous year, Spain sees a complete halt in exports. Italy and Greece both show modest growth in their exports, with increases of 11.79% and 9.89%, respectively. Most other European countries see minor changes in their export volumes, generally below 10%.
Future trends to watch include potential shifts in leadership if Portugal continues its exponential growth. Additionally, monitoring the export recovery strategies by Spain and consistent growth from southern European producers will be crucial for understanding the market dynamics ahead.
Top countries in Export of Refined Olive Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 451,640,000,000 | 2023 | +92.32% | +662.2% | View data |
| 2 | 2 Spain | 174,420,000 | 2023 | -15.35% | View data | |
| 3 | 3 Italy | 154,760,000 | 2023 | +15.65% | +11.79% | View data |
| 4 | 4 Greece | 37,994,000 | 2023 | -26.14% | +9.89% | View data |
| 5 | 5 Germany | 2,400,100 | 2023 | +7.27% | +5.21% | View data |
| 6 | 6 Austria | 2,206,800 | 2023 | +27.18% | +7.13% | View data |
| 7 | 7 France | 2,094,000 | 2023 | +1.66% | +10.89% | View data |
| 8 | 8 Netherlands | 1,469,400 | 2023 | +21.75% | +9.62% | View data |
| 9 | 9 Belgium | 1,393,800 | 2023 | +12.56% | +10.87% | View data |
| 10 | 10 Latvia | 249,630 | 2023 | +2.46% | +4.75% | View data |
