In 2024, Spain is a dominant producer of crude olive oil in Europe, with production reaching 2.0127 billion kilograms, signifying a 7.59% increase from 2023. Italy follows with 0.97598 billion kilograms, witnessing a 14.21% decrease. Portugal and Greece produced significantly less, with Portugal at 0.12434 billion kilograms and Greece at 0.04625 billion kilograms, both experiencing declines. Countries like Croatia and France produced on a much smaller scale, with Croatia seeing notable growth, while Lithuania, Sweden, and Finland showed little to no production.
Future trends to watch include:
- Potential continued growth in Spain and Croatia's production levels.
- Increased competitive pressures on Italy to stabilize its declining market share.
- Opportunities for smaller producers like Portugal to innovate and expand their market presence.
Top countries in Sold Production of Crude Olive Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,012,700,000 | 2023 | +12.49% | +7.59% | View data |
| 2 | 2 Italy | 975,980,000 | 2023 | +2.44% | -14.21% | View data |
| 3 | 3 Portugal | 124,340,000 | 2023 | +0.0093% | -2.67% | View data |
| 4 | 4 Greece | 46,250,000 | 2023 | +0.0092% | -3.61% | View data |
| 5 | 5 Croatia | 783,460 | 2023 | +4.43% | +18.66% | View data |
| 6 | 6 United Kingdom | 683,120 | 2023 | -1.22% | -2.87% | View data |
| 7 | 7 France | 477,430 | 2023 | +13.88% | View data | |
| 8 | 8 Denmark | 5,610 | 2023 | 0% | -3.49% | View data |
| 9 | 9 Lithuania | 955 | 2023 | +3.24% | -14.93% | View data |
| 10 | 10 Sweden | 717 | 2023 | 0% | View data |
