# Global Refined olive oil blend Market 2026

> World exports of refined olive oil blend (HS 151000) reached $858.7 million in 2024, 134% more than in 2019. Spain was the largest exporter with 49% of the world total, and Spain was the largest buyer.

- Publisher: Stratum Market Research
- Page: https://stratummarketresearch.com/reports/refined-olive-oil-blend-market/
- Sector: Consumer, Food & Retail
- Scope: Global
- Updated: 2026-11-09
- Headline figure: 858.7 USD million (World exports, 2024)

## What this market covers

Oils and their fractions obtained solely from olives, refined or blended, other than virgin oil.

Segments: Refined olive oil, Pure olive oil, Blended olive oil.

Typical buyers: Bottlers, Supermarkets, Food manufacturers.

## Key figures

| Figure | Value | Year |
|---|---|---|
| World exports of refined olive oil blend (HS 151000) were worth $858.7 million in 2024. | 858.7 USD million | 2024 |
| World exports were 134% higher in 2024 than in 2019 ($367.6 million), calculated from the annual totals. | +134 % since 2019 | 2024 |
| Spain was the largest exporter in 2024, with 49% of world exports ($419.8 million). | 49 % of world exports | 2024 |
| The three largest exporters, Spain, Italy and Greece, shipped 75% of world exports in 2024. | 75 % of world exports | 2024 |
| Spain was the largest importer in 2024, buying $173.8 million, or 20% of world imports. | 20 % of world imports | 2024 |
| 15 countries exported more than $1 million of this product in 2024. | 15 countries | 2024 |
| The average world export price was about $3.32 per kilogram in 2024, calculated from value and weight. | 3.32 USD per kg | 2024 |
| Countries exported 258.3 thousand tonnes of this product in 2024. | 258.3 thousand tonnes | 2024 |
| Among the ten largest exporters, Turkey grew fastest, with exports up 413% from 2019 to 2024. | +413 % since 2019 | 2024 |

## Why this market is moving now

- World trade grew 134% from 2019 to 2024, a direct read on cross-border demand.
- Turkey is gaining ground: its exports rose 413% from 2019 to 2024, the fastest among the ten largest exporters.

## Largest exporting countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | Spain | 419.8 |
| 2 | Italy | 139.0 |
| 3 | Greece | 89.2 |
| 4 | Portugal | 61.2 |
| 5 | Turkey | 54.8 |
| 6 | Tunisia | 50.8 |
| 7 | Morocco | 10.8 |
| 8 | United Arab Emirates | 5.7 |
| 9 | Germany | 4.8 |
| 10 | United States | 2.5 |

## Largest importing countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | Spain | 173.8 |
| 2 | Italy | 105.9 |
| 3 | United States | 91.3 |
| 4 | Portugal | 47.5 |
| 5 | Saudi Arabia | 36.0 |
| 6 | Mexico | 28.8 |
| 7 | United Arab Emirates | 25.8 |
| 8 | United Kingdom | 23.8 |
| 9 | Germany | 22.1 |
| 10 | Poland | 19.9 |

## World exports of HS 151000, USD million

| Year | Value |
|---|---|
| 2017 | 499.7 |
| 2018 | 567.6 |
| 2019 | 367.6 |
| 2020 | 345.2 |
| 2021 | 478.8 |
| 2022 | 609.0 |
| 2023 | 757.1 |
| 2024 | 858.7 |

## Questions and answers

### How big is the global refined olive oil blend market?

There is no single official market total. World exports of HS 151000 reached $858.7 million in 2024, a direct measure of cross-border trade.

### Which countries export the most refined olive oil blend?

Spain led world exports in 2024 with 49% of the total, followed by Italy, Greece and Portugal.

### Which countries import the most refined olive oil blend?

Spain was the largest importer in 2024, followed by Italy, the United States and Portugal.

### Is world trade in refined olive oil blend growing?

World exports were 134% higher in 2024 than in 2019.

### What is the average export price of refined olive oil blend?

Dividing world export value by weight gives about $3.32 per kilogram in 2024.

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## How to cite

Stratum Market Research, "Global Refined olive oil blend Market 2026", updated 9 Nov 2026, https://stratummarketresearch.com/reports/refined-olive-oil-blend-market/