Olive Oil Market

Olive oil market: find recently published facts and figures secured by an Ai-driven market intelligence platform. Data cover market size, imports, production, trade, exports, consumption, companies, and market prices. There is a split by country, including EU, Africa, Russia, the U.S., China, the Middle East, the U.K., and Latin America. Market dynamics and forecast to 2030 are also provided in the dashboards.

Need Olive Oil Market data? GET FREE ACCESS

Olive Oil - World's Largest Markets

In value terms, Italy, Spain and the United States were the countries with the highest levels of market value in 2020, with a combined 40% share of the global market. Morocco, France, Brazil, Turkey, Algeria, Germany, Portugal, Syrian Arab Republic, Tunisia and Greece lagged somewhat behind, together accounting for a further 33%.

Among the main consuming countries, Portugal saw the highest growth rate of market size, over the period under review, while olive oil market for the other global leaders experienced more modest paces of growth.

Olive Oil Prices

Olive Oil - Top Importers

In value terms, Italy ($1.4B), the United States ($1B) and Spain ($530M) were the countries with the highest levels of imports in 2020, together comprising 46% of global imports. France, Brazil, Germany, Portugal, Japan, Canada, the UK, China, Saudi Arabia and Turkey lagged somewhat behind, together accounting for a further 35%.

Turkey (+641.0% per year) recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Olive Oil - Top Exporters

In value terms, the largest olive oil supplying countries worldwide were Spain ($2.5B), Italy ($1.4B) and Tunisia ($780M), together accounting for 73% of global exports.

Tunisia saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Olive Oil - Market Forecast

Driven by rising demand for olive oil worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Olive Oil - Top Companies

UNI-PRESIDENT ENTERPRISES CORP., Cargill Agrícola S/A, ADM do Brasil Ltda, Louis Dreyfus Company Brasil S/A., VICENTIN S.A.I.C., Tibet Linzhi Medog County Baimagang Grain & Oil Processing Sales Co., Ltd., Cocamar - Cooperativa Agroindustrial, Bianchini S/A. Indústria, Comércio e Agricultura, Dongguan Fuzhiyuan Feedstuff Protein Development Co., Ltd., Jiu San Group Tianjin Soya Science And Technology Co., Ltd., THAI VEGETABLE OIL PUBLIC COMPANY LIMITED, Syngenta Seeds, LLC, Solae, LLC, TTET UNION CORPORATION, Bunge Sanwei Grease Co., Ltd., ABC Indústria e Comércio S/A - ABC Inco, GUJARAT AMBUJA EXPORTS LIMITED, Zhongfang Foodgrain & Cooking Oil (Dongguan) Co., Ltd., COOPERATIVA COLONIAS UNIDAS AGROPECUARIA INDUSTRIAL LIMITADA, Gushen Biological Technology Group Co., Ltd.

Olive Oil - Product Coverage

• HS 150910 - Vegetable oils; olive oil and its fractions, virgin, whether or not refined, but not chemically modified