Olive Oil - Global Consumption

Greece has by far the heaviest per capita consumption of olive oil worldwide, over 26liters per year; Spain and Italy, around 14 L; Tunisia, Portugal and Syria, around 8 L. Northern Europe and North America consume far less, around 0.7 L, but the consumption of olive oil outside its home territory has been rising steadily.

Price is an important factor on olive oil consumption in the world commodity market. In 1997, global production rose by 47%, which replenished low stocks, lowered prices, and increased consumption by 27%. Overall, world consumption trends are up by 2.5%. Production trends are also up due to expanded plantings of olives in Europe, Latin America, the USA, and Australia.

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- Scott Patton

Tips on How to Make Pasta Sauce: Olive Oil