Olive Oil — Fat supply quantity in Iceland
Iceland: Olive Oil — Fat supply quantity was 639.35 t in 2023. ▲ Rising
Olive Oil — Fat supply quantity in Iceland, 2010–2023
Source: Food and Agriculture Organization of the United Nations. Measured in t.
Analysis
In 2023, olive oil — fat supply quantity in Iceland stood at 639.35 t.
Compared with earlier readings it is up 15.8% on the previous year and up 109.3% over ten years.
Over the whole period, olive oil — fat supply quantity in Iceland peaked at 732.66 t in 2021 and was at its lowest, 295.84 t, in 2010.
That places Iceland 103rd out of 192 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Olive Oil — Fat supply quantity in Iceland, year by year
| Year | t | Change |
|---|---|---|
| 2010 | 295.84 t | — |
| 2011 | 299.34 t | +1.2% |
| 2012 | 301.68 t | +0.8% |
| 2013 | 305.45 t | +1.2% |
| 2014 | 306.99 t | +0.5% |
| 2015 | 310.7 t | +1.2% |
| 2016 | 375.15 t | +20.7% |
| 2017 | 402.78 t | +7.4% |
| 2018 | 424.86 t | +5.5% |
| 2019 | 593.39 t | +39.7% |
| 2020 | 687.32 t | +15.8% |
| 2021 | 732.66 t | +6.6% |
| 2022 | 551.95 t | -24.7% |
| 2023 | 639.35 t | +15.8% |
Iceland compared with similar countries
- Iceland's 639.35 t is below the median for high income countries, which is 3,760 t, 17% of the median. (56 countries reporting)
- Iceland's 639.35 t is below the median for Europe & Central Asia, which is 2,671 t, 24% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 361.62 t | 295.84 t | 593.39 t | 10 |
| 2020s | 652.82 t | 551.95 t | 732.66 t | 4 |
Countries ranked near Iceland
More agriculture & rural data for Iceland
- Agriculture, forestry, and fishing, value added (current US$), annual 19.96 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0365 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 3,593 current US$ per person (2025)
- Rural population, annual growth rate 0.8983 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.0578 units per person (2025)
- Share of GDP from agriculture 3.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 3.7% (2025)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 1.0% (2025)
Frequently asked questions
- What is olive oil — fat supply quantity in Iceland?
- Olive oil — fat supply quantity in Iceland was 639.35 t in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest olive oil — fat supply quantity recorded in Iceland?
- The highest recorded value was 732.66 t in 2021.
- What is the lowest olive oil — fat supply quantity recorded in Iceland?
- The lowest recorded value was 295.84 t in 2010.
- How does Iceland rank for olive oil — fat supply quantity?
- Iceland ranks 103rd out of 192 countries with data for 2023.
- Is olive oil — fat supply quantity rising or falling in Iceland?
- Over the last ten years it is up 109.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Olive Oil — Fat supply quantity (t). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
A food balance sheet presents a comprehensive picture of the pattern of a country's food supply during a specified reference period. The food balance sheet shows for each food item - i.e. each primary commodity and a number of processed commodities potentially available for human consumption - the sources of supply and its utilization. The total quantity of foodstuffs produced in a country added to the total quantity imported and adjusted to any change in stocks that may have occurred since the beginning of the reference period gives the supply available during that period. On the utilization side a distinction is made between the quantities exported, fed to livestock, used for seed, put to manufacture for food use and non-food uses, losses during storage and transportation, and food supplies available for human consumption. The per caput supply of each such food item available for human consumption is then obtained by dividing the respective quantity by the related data on the population actually partaking of it. Data on per capita food supplies are expressed in terms of quantity and - by applying appropriate food composition factors for all primary and processed products - also in terms of caloric value and protein and fat content.