The demand for olive oil in Poland has seen fluctuations over the past decade. In 2014, the consumption was at its peak at 11.0 thousand metric tons, decreasing gradually to 9.0 thousand metric tons by 2023. The year-on-year variation has largely been negative or stagnant, with significant drops notably in 2015 and 2016. The Compound Annual Growth Rate (CAGR) over the last five years stands at -2.09%, indicating a steady decline. Forecasts for future demand continue this downward trend, with an expected value of 8.0 thousand metric tons by 2028, implying a forecast CAGR of -2.33% and an estimated overall decline of 11.11% over this period.
Future trends to watch for include potential shifts in consumer preferences towards healthier diets, as well as changes in import policies and pricing that could influence olive oil consumption. Innovations in the olive oil market and increased awareness of its health benefits could also play a role in stabilizing or reviving demand.
