In 2023, Spain dominates global olive oil stock with a significant lead at 810 thousand metric tons. Meanwhile, the United States is witnessing a slight increase in stock, while Egypt shows the highest year-on-year percentage increase at almost 15%. Most countries display stability or minor fluctuations, with Italy, Greece, and Tunisia marking noticeable stock decreases, particularly Italy at -124 thousand metric tons. Taiwan experienced the most extreme variation with a complete stock drop.
Future trends to watch include potential shifts in olive oil production and stock due to climate change impacts and international trade dynamics. Countries experiencing strong demand growth may escalate their stock levels, reshaping global supply chain patterns.
Top countries in Olive Oil Stock Variation by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 810 | 2023 | +12.19% | View data | |
| 2 | 2 United States | 26 | 2023 | +4% | +2.48% | View data |
| 3 | 3 Morocco | 17 | 2023 | +13.33% | View data | |
| 4 | 4 Saudi Arabia | 13 | 2023 | +8.33% | +1.61% | View data |
| 5 | 5 South Korea | 4 | 2023 | 0% | -4.36% | View data |
| 6 | 6 Belgium | 4 | 2023 | 0% | 0% | View data |
| 7 | 7 Yemen | 4 | 2023 | 0% | +5.92% | View data |
| 8 | 8 Egypt | 4 | 2023 | -20% | +14.87% | View data |
| 9 | 9 Netherlands | 4 | 2023 | 0% | View data | |
| 10 | 10 Croatia | 4 | 2023 | 0% | 0% | View data |
