European Olive Oil Production at Producer Price shows Spain leading significantly with 3.54 billion Euros in 2024. Italy follows with 1.38 billion Euros, and Greece with 1.22 billion Euros. Portugal, Croatia, Cyprus, and Slovenia have smaller contributions, with Portugal standing at 0.12588 billion Euros, Croatia at 0.0675 billion Euros, Cyprus at 0.01669 billion Euros, and Slovenia at 0.00662 billion Euros.
In 2023, Spain maintained a strong position with moderate growth, reflecting a 2.29% increase year-on-year from 2022. Italy, however, experienced an 8.05% decrease. Greece displayed a slight decline of 0.74%, whereas Portugal saw a marginal increase of 0.75%. Notably, Croatia showed significant growth with an 18.78% rise, while Cyprus and Slovenia also performed well with increases of 7.55% and 10.33% respectively.
Future trends to watch: Spain is likely to reinforce its dominance in the market. However, smaller producers like Croatia and Slovenia might continue to display robust growth. Economic stability, climate change impacts, and policy changes in the EU could also play crucial roles in shaping future production values.
Top countries in Olive Oil Production at Producer Price by Country
| # | 7 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 3,540 | 2022 | +35.17% | +2.29% | View data |
| 2 | 2 Italy | 1,380 | 2022 | -10.01% | -8.05% | View data |
| 3 | 3 Greece | 1,220 | 2022 | +55.81% | -0.74% | View data |
| 4 | 4 Portugal | 125.88 | 2022 | +6.86% | +0.75% | View data |
| 5 | 5 Croatia | 67.5 | 2022 | +86.05% | +18.78% | View data |
| 6 | 6 Cyprus | 16.69 | 2022 | +29.98% | +7.55% | View data |
| 7 | 7 Slovenia | 6.62 | 2022 | +170.2% | +10.33% | View data |