As of 2023, the US olive oil production stood at approximately 16.0 thousand metric tons. The forecast for 2024 to 2028 predicts stable production levels, consistently at 16.0 thousand metric tons annually, indicating no expected growth or decline over this period. With no year-on-year variation from 2023 to 2028, the five-year Compound Annual Growth Rate (CAGR) is 0%.

Future trends to watch for include:

Potential impacts of climate change on olive cultivation regions.
Advancements in agricultural technology that could enhance yield.
Shifts in consumer preferences and demand for olive oil.
Economic and trade policies affecting domestic production and importation dynamics.