Extra Virgin Olive Oil
Supply
Extra Virgin Olive Oil - Top Suppliers
Global trade analysis for Virgin Olive Oil shows a total trade value of $53.27M USD, representing 5.95M Kilograms.
The market is dominated by Israel, contributing 34.5% of global trade value, followed by Spain (19.5%), Italy (16.0%), Turkey (8.0%) and Argentina (6.7%).
Notably, the top 5 producing countries account for 84.7% of the global trade value, indicating a highly concentrated market.
Production & Supply Trends
Oil, Olive - Beginning Stocks
Beginning Stocks for Oil, Olive decreased by 26.4% from 459 1000 MT in 2023 to 338 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 42.8%.
Oil, Olive - Ending Stocks
Ending Stocks for Oil, Olive increased by 50.0% from 338 1000 MT in 2023 to 507 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 28.9%.
Oil, Olive - Exports
Exports for Oil, Olive increased by 5.6% from 1,160 1000 MT in 2023 to 1,225 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 14.0%.
Oil, Olive - Imports
Imports for Oil, Olive increased by 7.4% from 1,085 1000 MT in 2023 to 1,165 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 9.0%.
Oil, Olive - Production
Production for Oil, Olive increased by 27.0% from 2,417 1000 MT in 2023 to 3,070 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 7.1%.
Oil, Olive - Total Distribution
Total Distribution for Oil, Olive increased by 15.5% from 3,961 1000 MT in 2023 to 4,573 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 11.6%.
Oil, Olive - Total Supply
Total Supply for Oil, Olive increased by 15.5% from 3,961 1000 MT in 2023 to 4,573 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 11.6%.
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ReviewsSavings is BIG but the relationship value is MASSIVE! Glad we met when we did. Looking forward to building this partnership with you and David.
Yohan, here to say you’re one of my favorite suppliers. Aside from your high quality ingredients, you’re so great to work with. Thanks for all the help you’ve given us this year.
Working with Global Savors and Yohan has been very smooth when sourcing ingredients. They offer a great selection and and cost savings! Yohan has been awesome to work with and we look forward to continuing business together.
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