Market Analysis, Forecast, Size, Trends and Insights, recently published by IndexBox, in 2017 global virgin olive oil imports totalled 1,4 million tons, a -7,0% decrease against the previous year (2016).
An ongoing drought and soaring temperatures have unleashed fears of an olive "catastrophe" in Spain, the world's largest producer of olive oil, which suffered a very difficult year in 2022.
A literature review published in Foods, an academic journal, has found that olive oil co-extracted with other “natural sources of bioactive compounds” could improve the oil’s health benefits.