Spain dominates European virgin olive oil exports with 1.636 billion kilograms, showcasing a significant presence. Italy stands second with 0.91088 billion kilograms, despite a noticeable decrease of 13.89% year-on-year. Portugal and Greece show positive trends, recording increases of 10.26% and 19.77%, respectively, indicating robust growth potential. Smaller exporters like Estonia and Finland exhibit remarkable year-on-year growth at 47.51% and 53.38% each, suggesting emerging contributions to the market. Conversely, the Netherlands and Sweden experienced declines, reflecting market shifts.
Future trends may include:
- Spain likely maintaining its leadership as the primary exporter due to stable growth.
- Italy's recovery depends on addressing production or market challenges.
- Portugal and Greece could see sustained growth if their positive trajectories continue.
- Emerging exporters might continue growing if they can capture niche markets.
- Monitoring global demand shifts and climate change impacts on production could be crucial for long-term strategy adjustments.
Top countries in Export of Virgin Olive Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,636,000,000 | 2023 | +6.13% | +3.22% | View data |
| 2 | 2 Italy | 910,880,000 | 2023 | +3.76% | -13.89% | View data |
| 3 | 3 Portugal | 191,080,000 | 2023 | +7% | +10.26% | View data |
| 4 | 4 Greece | 76,807,000 | 2023 | +13.77% | +19.77% | View data |
| 5 | 5 Belgium | 4,705,500 | 2023 | +16.32% | +10.66% | View data |
| 6 | 6 Germany | 3,920,600 | 2023 | -2.19% | -4.76% | View data |
| 7 | 7 France | 2,648,100 | 2023 | +0.89% | View data | |
| 8 | 8 Netherlands | 2,442,200 | 2023 | -3.54% | -9.92% | View data |
| 9 | 9 Austria | 2,040,200 | 2023 | +6.02% | +8.18% | View data |
| 10 | 10 Estonia | 362,140 | 2023 | +19.56% | +47.51% | View data |
