The olives import volume in South Africa stood at 2.0 thousand metric tons in 2023. Forecasts from 2024 to 2028 show a steady year-on-year increase: it is expected to remain at 2.1 thousand metric tons in 2024 and 2025, rise to 2.2 thousand metric tons in 2026 and 2027, and reach 2.3 thousand metric tons by 2028. The compound annual growth rate (CAGR) over these five years is modest, indicating a gradual upward trend.
Future trends to watch for include potential shifts in consumer preferences towards Mediterranean diets, which could further influence olive import volumes. Additionally, changes in trade policies and domestic production capabilities may impact the forecasted import volumes.
