Forecast: Import of Crude Olive Oil to the UK

The import of crude olive oil to the UK was approximately 54 million kilograms in 2023. Forecasts suggest a steady increase in volume, reaching 66.489 million kilograms by 2028. From 2024 to 2025, we observe a year-on-year increase of about 4.9%. This upward trend continues with a 4.6% increase from 2025 to 2026, 4.3% from 2026 to 2027, and 4.0% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period (2024-2028) is around 4.4%.

Future trends to watch include:

  • Effect of climate change on olive oil production in key exporting countries.
  • Trade policies and tariffs affecting import costs and volumes.
  • Consumer demand for healthier oils in the UK market, potentially increasing import needs.
  • Global geopolitical tensions impacting supply chain reliability.

Top Countries about Olive Oil