Spain's olive oil production until the end of January 2024 reached 775,300 tons, surpassing the Ministry of Agriculture's October 2023 estimate and marking an increase from the previous year's 665,800 tons. Despite this, the first four months of the 2023/24 campaign saw a 2.3% decrease in marketing due to a 12% drop in exports. However, domestic sales and imports have seen a rise of 15.9% and 10.5% respectively. Stocks at the end of January were slightly lower than the previous year, standing at 734,400 tons.