Thursday, November 9, 2017

Olive oil exports double in three years. Saudi Arabia and US top destinations


Exports of olive oil have been growing at a compound annual growth rate (CAGR) of 30 percent since 2014, according to the Olive Oil Factsheet published by IDAL.

Exports of olive oil reached 10,000 tons last year. They were mainly exported to the Gulf and North America. Around 26 percent of total exports went to Saudi Arabia, and 13 percent to the US.

There are growing export partners such as Australia, Venezuela, and various African countries. Exports to these countries have been...

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