In 2023, Spain led the global export of prepared or preserved olives, followed by Greece and Morocco, reflecting the Mediterranean's historical dominance in olive production. Over the past year, notable growth was recorded in countries like Egypt, with a 5.17% increase, while Argentina experienced a decline of 1.25%. Emerging markets like the United Arab Emirates showed considerable growth of 8.26%, indicating potential shifts in trade dynamics. Some European countries such as Poland and Latvia demonstrated significant increases, while traditional markets like Italy showed modest growth.
Future trends to watch include the potential impact of climate change on traditional olive-growing regions, which may drive shifts in production towards more resilient areas. There is also an increasing interest in organic and sustainably sourced products, influencing consumer preferences and market demands. Innovating in preservation techniques and expanding export markets beyond Europe and the Mediterranean could be key areas of growth in the upcoming years.
- Spain remains the dominant exporter.
- Growth in Egypt and the UAE suggests a shift in dynamics.
- Interest in organic and sustainable sourcing may influence consumer preferences.
Top countries in Export of Prepared or Preserved Olives by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 820,730,000 | 2023 | +0.96% | +1.19% | View data |
| 2 | 2 Greece | 582,230,000 | 2023 | +3.13% | +2.53% | View data |
| 3 | 3 Morocco | 167,740,000 | 2023 | +1.69% | +1.04% | View data |
| 4 | 4 Egypt | 98,257,000 | 2023 | +3.95% | +5.17% | View data |
| 5 | 5 Italy | 84,696,000 | 2023 | +3.07% | +2.75% | View data |
| 6 | 6 Belgium | 72,825,000 | 2023 | +3.49% | +2.96% | View data |
| 7 | 7 Argentina | 67,171,000 | 2023 | -1.64% | -1.25% | View data |
| 8 | 8 Portugal | 49,415,000 | 2023 | +3.24% | +2.12% | View data |
| 9 | 9 Germany | 25,090,000 | 2023 | +1.67% | +1.72% | View data |
| 10 | 10 Peru | 22,853,000 | 2023 | +0.81% | +1.08% | View data |