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In 2022, domestic olive oil consumption in the United States amounted to approximately ** metric tons. This constitutes a decrease in consumption of * metric ton as compared to the previous year. A clear trend of growth in olive oil consumption is visible but fluctuations in consumption from year to year are common.

Global consumption of Olive Oil

In 2022/23, the global consumption volume of olive amounted to roughly *** million metric tons. The European Union is the leading consumer of olive oil in the world. Approximately *** million metric tons are consumed within the European Union.

Global production of Olive Oil

The largest producer of olive oil by region is the EU-27, which produced approximately *** million metric tons in 2019/2020. The EU-27 was followed by Turkey and Tunisia, which produced approximately ** metric tons each. The global olive oil market was valued at billion U.S. dollars and is forecasted to reach **** billion by 2028.