World - Olives - Market Analysis, Forecast, Size, Trends and Insights
Which Country Produces the Most Olives in the World?
In 2015, the country with the largest volume of the olive output was Spain (X thousand tonnes), accounting for X% of global production. Moreover, olive output in Spain exceeded the figures recorded by the world's second largest producer, Turkey (X thousand tonnes), fourfold. The third position in this ranking was occupied by Morocco with a share of X%.
From 2007 to 2015, an average annual growth rate of olive producton in Spain stood at +X%. The remaining producing countries recorded the following average annual growth rates: Turkey (+X% per year) and Morocco (+X% per year).
Top X Olive Producing Countries in the World
X. Spain (X Tonnes)
X. Turkey (X Tonnes)
X. Morocco (X Tonnes)
X. Italy (X Tonnes)
X. Greece (X Tonnes)
X. Algeria (X Tonnes)
X. Egypt (X Tonnes)
X. Portugal (X Tonnes)
X. Tunisia (X Tonnes)
X. Libya (X Tonnes)
Global Olives Production
Global olive production amounted to X thousand tonnes in 2015, rising by +X% against the previous year level. Overall, the global olive output pursued a moderate decline from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures decreased at an average annual rate of -X%. The growth pace was the most rapid in 2013, when the output figure increased by +X% from the previous year level. In that year, the global olive production attained its maximum volume of X thousand tonnes. From 2009 to 2015, the total olive output growth failed to regain its strength.
Over the analyzed period, global olive production was buoyed by disposable income growth, population growth, and growth of medical care and personal care products. These key factors are to remain relevant with regard to olive output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the harvested area and a noticeable contraction of the yield figures.
The world olive harvested area amounted to X thousand ha in 2015, which was almost equal to the previous year figure. The olive harvested area indicated a noticeable increase over the period under review, representing a compound annual growth rate of +X% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total olive harvested area peaked in 2013, falling back in the following year.
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Source: IndexBox AI Platform
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