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The exports of olive oil from Spain saw a marked increase over the recent years, registering a record high in 2017 with export values of over *** billion euros. In 2022, however, exports dropped drastically. Aceites del sur-Coosur SA (ACESUR) was the company that most produced bottled olive oil in 2021.

Spain: a big contributor to olive oil production

The world is projected to produce up to **** million metric tons of olive oil during the 2022/2023 season, a slight decrease compared to the results of the previous year. Out of the world production volume, Spain contributed to almost **** million metric tons in 2022, which accounts for a significant share of the total global production of olive oil.

Domestic consumption

Although Spaniards often use their olive oil for many of their dishes, olive oil consumption experienced a downward trend during the last few years, with the average person intaking **** kilograms of the golden liquid in 2022 from *** kilograms in 2010. In terms of expenditure, Spaniards spent on average **** euros on olive oil per year in 2022.