The demand for olives in Germany was recorded at approximately 69.0 thousand metric tons in 2023. Forecasted data indicates a growth to 70.0 thousand metric tons in 2024, maintaining consistent growth to 71.0 thousand metric tons through 2028. This reflects a 1.4% increase in 2024 compared to 2023. Over the period 2024-2028, the year-on-year growth rate stabilizes, with a Compound Annual Growth Rate (CAGR) of approximately 0.7%.
Future trends to watch for include potential impacts from evolving consumer preferences towards health-conscious diets, which may boost olive demand further. Additionally, international trade policies and climate change effects on olive production are crucial factors to monitor.
