Refined Olive Oil

Refined Olive Oil

Supply

Updated: 2025-04-01

Refined Olive Oil - Top Suppliers

Global trade analysis for Olive Oil, Refined shows a total trade value of $734.58M USD, representing 93.69M Kilograms.

The market is dominated by Spain, contributing 46.7% of global trade value, followed by Italy (21.8%), Turkey (16.2%), Tunisia (9.4%) and Israel (2.0%).

Notably, the top 5 producing countries account for 96.1% of the global trade value, indicating a highly concentrated market.

Production & Supply Trends

Updated: 2025-04-01

Oil, Olive - Beginning Stocks

Beginning Stocks for Oil, Olive decreased by 30.0% from 486 1000 MT in 2023 to 340 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 42.5%.

Oil, Olive - Ending Stocks

Ending Stocks for Oil, Olive increased by 49.7% from 340 1000 MT in 2023 to 509 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 28.6%.

Oil, Olive - Exports

Exports for Oil, Olive increased by 6.2% from 1,186 1000 MT in 2023 to 1,260 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 11.5%.

Oil, Olive - Imports

Imports for Oil, Olive increased by 7.3% from 1,086 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 29.5% from 2,417 1000 MT in 2023 to 3,130 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 5.2%.

Oil, Olive - Total Distribution

Total Distribution for Oil, Olive increased by 16.2% from 3,989 1000 MT in 2023 to 4,635 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 10.4%.

Oil, Olive - Total Supply

Total Supply for Oil, Olive increased by 16.2% from 3,989 1000 MT in 2023 to 4,635 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 10.4%.

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