Global olive oil production is projected to reach 3.26 million tons in the 2025-2026 season. This represents a 9 percent decrease compared to last year.
While production is increasing in Italy, Morocco, and Egypt, production is expected to decline in almost all other producing countries.
The sharpest decline is expected in Turkey, at 43 percent, followed by a 35 percent decrease in Jordan, a 30 percent decrease in Argentina, and a 21 percent decrease in Tunisia.
Last season, global olive oil production was estimated at 3,575,000 tons. In 2022, due to drought in Spain, production was projected at 2,760,000 tons, and in 2023, due to drought in Spain, production reached 2,592,000 tons.
In this new season, global olive oil imports are expected to reach 1,197,000 tons, consumption at 3,207,000 tons, exports at 1,182,000 tons, and end-of-season stocks at around 1,000,000 tons.
TURKISH OLIVE OIL EXPORTS During the January–October 2025 period, compared to the same period of the previous year, Turkey’s total olive oil exports decreased by 45% in volume, reaching 34 thousand tons. In value terms, export revenue declined by 63%, amounting to 165 million USD.
Turkish Extra Virgin Olive Oil exports to during 01 Jan- 31 Oct 2025 period. 1 - USA :13414 tons 2- Japan : 3681 tons 3- Canada : 2352 tons 4- Jordan : 1464 tons 5- Australia : 1261 tons 6- Saudi Arabia : 1186 tons
Turkish Pomace Olive Oil exports to 1 - USA : 5836 tons 2- Saudi Arabia : 1500 tons 3- Oman : 820 tons 4- Iraq : 640 tons
