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The 2024/2025 seaÂson saw record-high olive oil proÂducÂtion of 3.507 milÂlion tons, surÂpassÂing preÂviÂous records and driÂven by global expanÂsion of proÂducÂtion outÂside the European Union. Spain leads global proÂducÂtion, with a focus on high-denÂsity, irriÂgated orchards, but faces chalÂlenges includÂing labor shortÂages and declinÂing profÂitabilÂity in traÂdiÂtional groves.
After two disÂasÂtrous camÂpaigns in 2022 and 2023, the 2024/2025 seaÂson delivÂered the highÂest olive oil volÂumes ever recorded.
According to a new report, global olive oil proÂducÂtion for the 2024/2025 crop year is foreÂcast at 3.507 milÂlion tons. While still proÂviÂsional, the figÂure already surÂpasses the preÂviÂous record set in 2021/2022, when proÂducÂers harÂvested 3.415 milÂlion tons.
The estiÂmate is also well above the five-year averÂage of 3.005 milÂlion tons and nearly 36 perÂcent higher than the reduced outÂput seen in the 2023/2024 camÂpaign.
Citing European Commission data, the report pubÂlished by Spain’s Agrobank in colÂlabÂoÂraÂtion with the Olive Oil World Congress (OOWC) also conÂfirms the steady expanÂsion of olive oil proÂducÂtion outÂside the European Union.
In 2024/2025, non-EU proÂducÂers accounted for 40 perÂcent of global outÂput. International Olive Council data show that the share was below 33 perÂcent as recently as 2021/2022.
The report’s authors note that 58 counÂtries across five conÂtiÂnents now proÂduce olive oil, includÂing newer entrants such as El Salvador, Ethiopia, Kuwait, Uzbekistan, Azerbaijan and North Macedonia.
While olive oil is shipped around the world, the expanÂsion of newly planted and increasÂingly proÂducÂtive groves in emergÂing regions points to potenÂtial yield improveÂments over the medium term.
Another key trend highÂlighted in the report is the rise in conÂsumpÂtion in non-proÂducÂing counÂtries, which now account for roughly 30 perÂcent of global demand. Olive oil in these marÂkets typÂiÂcally sells at higher prices and is often posiÂtioned in preÂmium segÂments.
Across the Mediterranean, nearly 90 perÂcent of olive oil sales move through large retailÂers, with 60 to 70 perÂcent sold under priÂvate-label brands. Most of this volÂume does not belong to higher-qualÂity catÂeÂgories.
The report estiÂmates that just five perÂcent of Mediterranean sales fall into the higher-qualÂity segÂment. This share has staÂbiÂlized and is growÂing slightly each year, formÂing a niche for speÂcialÂist proÂducÂers and a tool for retailÂers lookÂing to stand out through gourmet lines.
The authors acknowlÂedge that global olive oil conÂsumpÂtion has recently flatÂtened or declined. European Commission data show that, after years of steady growth beginÂning in 2015, demand staÂbiÂlized at around 3 milÂlion tons before softÂenÂing in the last few camÂpaigns.
Both EU and non-EU marÂkets conÂtribute to this trend: EU conÂsumpÂtion for 2024/2025 is proÂjected at 1.42 milÂlion tons, while non-EU marÂkets are expected to reach 1.64 milÂlion tons, reflectÂing only modÂest gains.
The data point to a mature global marÂket underÂgoÂing short-term demand adjustÂments shaped by supÂply chain effiÂciency, food culÂtures and the pricÂing of comÂpetÂing comÂmodiÂties.
Focusing on Spain, the report conÂfirms the counÂtry once again leads global proÂducÂtion in 2024/2025. Spain’s olive-growÂing area spans 2.7 milÂlion hectares — part of the roughly 11.7 milÂlion hectares planted worldÂwide.
Approximately 400,000 peoÂple in Spain own olive groves, with 69 perÂcent located in rainÂfed, low-yield or slopÂing areas.
Alongside its vast traÂdiÂtional groves, Spain has driÂven the global expanÂsion of irriÂgated intenÂsive and super-intenÂsive sysÂtems. These orchards — conÂcenÂtrated in Andalusia and Extremadura — achieve mechÂaÂnized harÂvestÂing rates above 90 perÂcent and denÂsiÂties of 1,600 to 2,000 trees per hectare.
Such approaches are increasÂingly adopted worldÂwide, often paired with advanced farmÂing techÂnoloÂgies.
Water availÂabilÂity remains a key conÂstraint, but in Spain, tools such as GPS-guided plantÂing and senÂsor-based irriÂgaÂtion now cover most culÂtiÂvated areas.
According to the report, Spain’s olive secÂtor balÂances high proÂducÂtivÂity with strucÂtural chalÂlenges. Labor shortÂages and declinÂing profÂitabilÂity in traÂdiÂtional groves conÂtinue to threaten hisÂtoric landÂscapes and culÂtural herÂitage, the oriÂgins of some of the world’s best olive oils.