Global Olive Oil Import Data 2025: Which Markets Are Expanding Fast?

Introduction

There is a fast growth in the demand for olive oil in the world due to growing health awareness, changes in dietary patterns, and the rising popularity of Mediterranean diets. Olive oil is no longer a mere cooking ingredient; it has been identified as a nutritional product, antioxidant and has found application in culinary and wellness.

To the exporters and businesses that wish to expand abroad, it is important to know the Olive oil import data. It gives information about the markets in high demand, new opportunities, and the changing preferences of consumers.

This article discusses the global trends, importing and exporting nations, HS codes of olive oil products, India's performance of imports, and the identification of key buyers, providing useful information that can be applied by business that intends to take advantage of this growing market.

Global Olive Oil Market Overview

The world market size of olive oil is estimated to be 20.3 billion in 2025 and is estimated to increase to 30.6 billion in 2032 with a CAGR of 6.04.

It is estimated that there will be about 1.2 million tonnes of imports and exports all over the world, which shows high levels of trade in the sector. The current consumption is estimated to be 3,064,500 tonnes, which is 10 percent higher than the last crop year.

In 2025, the market will recover and the import volume of olive oil by the major markets in the market shot up by 6.4 percent from October 2024 to May 2025. Especially international buyers from countries such as Australia, Canada, China, and the United States have been reinforced, which means the re-emergence of demand in the regions.

HS Codes for Olive Oil Products

Proper HS code classification is essential for exporters to simplify customs procedures, analyze trade trends, and access accurate import data. The key HS codes for olive oil products are as follows:

HS Code	Product Description
1509	Olive oil and its fractions, whether or not refined, but not chemically modified
150910	Virgin olive oil (not chemically modified)
150920	Extra virgin olive oil
150990	Other olive oil and its fractions
1510	Other oils from olives (including olive-pomace oil)

Major Olive Oil Exporting Countries

• Spain: It is the biggest exporter in the world as it produces 944,000 metric tons and provides almost half the world with olive oil.

• Italy: It has a good brand and is a major producer of olive oils, with an export of 307,000 metric tons.

• Greece: Ideally known for high polyphenol oils, which is an exporter of 231,000 metric tonnes.

• Portugal: A large exporter having a market share of 6.9 in the world.

• Turkey: Turkey is a major exporter, which has 9.5% of the world market share and has increased exports to China, the US, and the Gulf countries.

• Argentina: New player and has a market share and growth of 3.7 and 6.96, respectively.

• Morocco: Developing exporter towards the Middle Eastern markets.

• Syria: Local exporter with having niche market.

Top Olive Oil Importing Countries

• United States: It is the biggest importer of olive oil, with 35 percent of the world's olive oil imports, with an import volume of 362,618 tonnes.

• United Kingdom: Makes 17% of total imports in the world and internal trade, as per the UK import data.

• Brazil: Imports 8% of the olive oil in the world, and it imported approximately 81,000 tonnes in 2023- 24.

• Japan: It takes 6% of the total imports all over the world with the population consuming 0.4 kg and has enormous growth potential.

• Canada: Contributes 5 percent of the world's imports, and the per capita consumption is 1.2 kg; the recovery is significant in 2025.

• China: Controls 4% of worldwide imports (53,000 tonnes). The level of per capita consumption is low compared to its population, which is 1.4+ billion, which means that there is a huge scope for growth.

• Australia: Contributes to 3% of world imports, and the volume of imports will rebound in 2025.

• India: In 2023, the market value of imported olive oil amounted to approximately 1.7 million kg, and the anticipated CAGR is 8.2 percent.

Conclusion

The opportunity of the global olive oil market remains significant to traders, importers and businesses due to the rise in health awareness, demand for premium oils, and the rise in consumption of the same in both developed and emerging markets. Consumers are increasingly aware of quality, origin and nutritional value, and this is compelling the suppliers to innovate and offer high standards of olive oils.

The sector of natural olive oil in India is gradually growing, with the help of urbanization, the transformation of food culture, and increasing disposable income. Monitoring of Olive oil import data is also important in that importers and exporters are able to know potential markets with high demand, track the prices, and make sound business decisions.

For businesses looking to explore verified suppliers, understand global trends, exporter database, and gain actionable market insights, Cybex.in is the ideal platform to connect with opportunities in the olive oil industry today.

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