The forecast for olive oil export volume in the US indicates a steady year-on-year increase from 2024 to 2028, rising from 16.31 to 17.14 thousand metric tons. This reflects a consistent annual growth pattern compared to 2023 figures, which served as the baseline for these projections.
- 2024 forecast shows a 1.35% increase from 2023.
- Between 2024 and 2028, an approximate Compound Annual Growth Rate (CAGR) of 1.25% is expected.
Future trends to monitor include potential shifts in global olive oil supply from traditional producers, the impact of competitive pricing from other vegetable oils, and evolving US consumer preferences towards healthier cooking alternatives, which may further influence export activities.
