In 2023, Spain led European olive production, with a value of 1.8 billion Euros. Portugal followed with 0.716 billion Euros, experiencing a significant 22.44% growth. Greece was next, showing a 5.56% increase at 0.489 billion Euros, while Italy remained stable at 0.142 billion Euros. France saw a decrease of 5.69% to 0.066 billion Euros. Cyprus and Croatia both saw declines, with Cyprus at 0.014 billion Euros and Croatia at 0.00008 billion Euros. Malta showed a notable increase of 14.87%, reaching 0.00002 billion Euros. Moving forward, monitoring demand fluctuations and climatic impacts will be crucial for understanding Europe's olive production landscape.
Future trends to watch for European olive production include potential climate change impacts, shifts toward organic farming, and the development of innovative oil extraction methods. Understanding consumer preferences and trade policies will also influence production decisions, shaping the sector's resilience and growth.
Top countries in Olives Production by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,800 | 2023 | +2.23% | +0.028% | View data |
| 2 | 2 Portugal | 716.01 | 2023 | +14.19% | +22.44% | View data |
| 3 | 3 Greece | 488.65 | 2023 | -19.01% | +5.56% | View data |
| 4 | 4 Italy | 141.6 | 2023 | -7.63% | View data | |
| 5 | 5 France | 65.52 | 2023 | +5.12% | -5.69% | View data |
| 6 | 6 Cyprus | 13.99 | 2023 | +4.25% | -4.43% | View data |
| 7 | 7 Croatia | 0.08 | 2023 | -75% | -11.81% | View data |
| 8 | 8 Malta | 0.02 | 2023 | 0% | +14.87% | View data |
