Pomace Olive Oil
Supply
Olive Oil - Top Suppliers
Global trade analysis for Olive Oil, Refined shows a total trade value of $750.1M USD, representing 95.43M Kilograms.
The market is dominated by Spain, contributing 47.9% of global trade value, followed by Italy (21.7%), Turkey (15.8%), Tunisia (9.1%) and Israel (1.5%).
Notably, the top 5 producing countries account for 96.0% 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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