Key Market Indicators
American consumption of olive oil is expected to reach 332,000 metric tons by 2026, up slightly from 327,000 in 2021. Since 2017, American demand for olive oil has increased at an average rate of 0.9% per year. American production of olive oil is forecast to reach 23,370 metric tons by 2026, up from 19,400 in 2021. Since 1966, American supply has grown at an average rate of 5.3% annually.