Guide Posts

Which markets are the fastest growing buyers of olive oil?

Olive Oil
Spain
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By Jinwoo Cheon
Updated Sep 16, 2021
Spain, Japan, China, and Saudi Arabia are among the biggest growing markets of olive oil globally.

Several markets have started to import more olive oil in the past decade. Spain, Japan, China, and Saudi Arabia are among the biggest growing markets. Due to increased demand in consumption, imports increased by 210%, 60.7%, 110%, and 169% respectively. In 2015, Spanish demand for olive oil reached even as high as USD 620M, which is a 428% difference from 2010 numbers.

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