Market research

Olives market in Greece, 2026

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Greek fresh olive market volume grew substantially in 2019, reaching 3 235 thousand tons compared to 2 761 thousand tons in 2018. This increase was supported by the activity of the Union of Olive Municipalities of Crete (ΣΕΔΗΚ), an inter-municipal body that improved the organization and management of olive production. Subsequently, the market volume declined to 3 046 thousand tons in 2020 and stabilized near 3 040 thousand tons in 2021.

After recovering to 3 207 thousand tons in 2022, the market experienced a sharp contraction in 2023, with volume falling to 2 496 thousand tons. This decline represented a significant reduction in market size during the latter part of the period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Greece
  1. 5.1.1. Annual dynamics of production in Greece in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Greece in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production olives in Greece

In kind, 2017-2020, K t

From 2017 to 2020, Greece ranked second globally in olive production volume.

Top producers of olives, 2017-2020

Source: SHEV.io

World map of production of olives, 2017-2020

Source: SHEV.io

In 2020, Greece produced 3 051 K t of olives, a 5.8% decrease from 2019. Over the 2017-2020 period, production grew by 7.5%, with a compound annual growth rate of 2.4%. The lowest production was in 2018 at 2 765 K t, while the highest was in 2019 at 3 240 K t. The largest year-on-year increase occurred in 2019, rising by 17.2%.

Annual dynamics of production in Greece in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.6%)	17.2%	(5.8%)	2.4%

Source: SHEV.io

In value, 2017-2020, M $ US

Greece's olive production value increased for the third consecutive year. In 2020, output was valued at 6 510 M $ US, up 6.7% from the previous year. Between 2017 and 2020, production value rose by 37.9%, equivalent to an annualized growth rate of 11.3%.

Annual dynamics of production in Greece in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.5%	23.8%	6.7%	11.3%

Source: SHEV.io

Exports olives from Greece

Exports in kind, t

Greece's olive exports grew for the second year in a row. In 2020, exports reached 5 907 t, a modest 3.9% increase from 2019. Over the 2017-2020 period, exports declined by 6%, with a compound annual growth rate of -2.0%. The lowest export volume was in 2018 at 4 277 t, which also saw the largest decline of 31.9%. The largest increase occurred in 2019, with exports rising by 33.0%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(31.9%)	33.0%	3.9%	(2.0%)

Source: SHEV.io

From 2017 to 2020, three key markets—Italy, Bulgaria, and Albania—collectively accounted for 85.4% of Greece's total olive exports by volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Greece in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Greece's olive export value increased for the second consecutive year. In 2020, exports amounted to 12 604 K $ US, up 17.6% from the previous year. Between 2017 and 2020, export value grew by 20.6%, equating to an annualized rate of 6.4%. The lowest value was in 2018 at 7 628 K $ US, which also experienced the largest decline of 27.0%. The largest increase was in 2019, with a 40.5% rise.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(27.0%)	40.5%	17.6%	6.4%

Source: SHEV.io

From 2017 to 2020, Italy was the leading market for Greek olives, representing 72.4% of total export value, while other destinations contributed smaller shares.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Greece in value, 2017-2020

Source: SHEV.io

Imports olives to Greece

Imports in kind, t

Olive imports into Greece showed volatility during this period. The lowest volume was in 2017, while the highest was in 2020, with a 2.4-fold difference between these years. In 2020, imports totaled 769 t, a sharp 56.0% increase year-over-year. The largest decline occurred in 2019, falling by 16.0%, while the largest increase was in 2018, up by 86.1%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	86.1%	(16.0%)	56.0%	34.6%

Source: SHEV.io

From 2017 to 2020, Bulgaria dominated Greece's olive imports by volume, accounting for 75.1% of the total, with other partners making up the remainder.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Greece in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Olive import values into Greece were unstable from 2017 to 2020. The lowest value was in 2017, and the highest in 2020, with a peak-to-trough ratio of 2.7 times. In 2020, imports were valued at 585 K $ US, a 51.7% increase from 2019. The largest decline was in 2019, down by 31.5%, while the largest increase was in 2018, surging by 163.5%.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	163.5%	(31.5%)	51.7%	39.9%

Source: SHEV.io

From 2017 to 2020, Bulgaria, Italy, and Albania were the primary suppliers of olives to Greece, together representing 89.7% of total import value. Bulgaria led with 63.2%, followed by Italy at 16.2% and Albania at 10.3%.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Greece in value, 2017-2020

Source: SHEV.io