Olives — Gross Production Value in European Union (27)
European Union (27): Olives — Gross Production Value was 28.70 million 1000 USD in 2024. ▲ Rising
Olives — Gross Production Value in European Union (27), 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, olives — gross production value in European Union (27) stood at 28.70 million 1000 USD. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 18.9% on the previous year and up 86.5% over ten years.
Over the whole period, olives — gross production value in European Union (27) peaked at 28.70 million 1000 USD in 2024 and was at its lowest, 7.28 million 1000 USD, in 1993.
The long-run direction has been consistently rising across the 34 years of available data.
Olives — Gross Production Value in European Union (27), year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 10.40 million 1000 USD | — |
| 1992 | 8.36 million 1000 USD | -19.6% |
| 1993 | 7.28 million 1000 USD | -12.9% |
| 1994 | 7.84 million 1000 USD | +7.7% |
| 1995 | 8.56 million 1000 USD | +9.1% |
| 1996 | 10.91 million 1000 USD | +27.5% |
| 1997 | 9.89 million 1000 USD | -9.4% |
| 1998 | 8.46 million 1000 USD | -14.4% |
| 1999 | 8.77 million 1000 USD | +3.7% |
| 2000 | 7.87 million 1000 USD | -10.3% |
| 2001 | 8.13 million 1000 USD | +3.3% |
| 2002 | 9.19 million 1000 USD | +13.0% |
| 2003 | 12.47 million 1000 USD | +35.8% |
| 2004 | 14.13 million 1000 USD | +13.3% |
| 2005 | 13.91 million 1000 USD | -1.5% |
| 2006 | 15.79 million 1000 USD | +13.5% |
| 2007 | 16.93 million 1000 USD | +7.2% |
| 2008 | 16.82 million 1000 USD | -0.7% |
| 2009 | 16.50 million 1000 USD | -1.9% |
| 2010 | 17.50 million 1000 USD | +6.1% |
| 2011 | 16.51 million 1000 USD | -5.7% |
| 2012 | 14.43 million 1000 USD | -12.6% |
| 2013 | 15.23 million 1000 USD | +5.5% |
| 2014 | 15.39 million 1000 USD | +1.1% |
| 2015 | 16.94 million 1000 USD | +10.0% |
| 2016 | 16.39 million 1000 USD | -3.2% |
| 2017 | 18.50 million 1000 USD | +12.9% |
| 2018 | 20.41 million 1000 USD | +10.3% |
| 2019 | 18.76 million 1000 USD | -8.1% |
| 2020 | 20.03 million 1000 USD | +6.8% |
| 2021 | 21.79 million 1000 USD | +8.8% |
| 2022 | 20.74 million 1000 USD | -4.8% |
| 2023 | 24.15 million 1000 USD | +16.4% |
| 2024 | 28.70 million 1000 USD | +18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.94 million 1000 USD | 7.28 million 1000 USD | 10.91 million 1000 USD | 9 |
| 2000s | 13.17 million 1000 USD | 7.87 million 1000 USD | 16.93 million 1000 USD | 10 |
| 2010s | 17.01 million 1000 USD | 14.43 million 1000 USD | 20.41 million 1000 USD | 10 |
| 2020s | 23.08 million 1000 USD | 20.03 million 1000 USD | 28.70 million 1000 USD | 5 |
Countries ranked near European Union (27)
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Frequently asked questions
- What is olives — gross production value in European Union (27)?
- Olives — gross production value in European Union (27) was 28.70 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest olives — gross production value recorded in European Union (27)?
- The highest recorded value was 28.70 million 1000 USD in 2024.
- What is the lowest olives — gross production value recorded in European Union (27)?
- The lowest recorded value was 7.28 million 1000 USD in 1993.
- How does European Union (27) rank for olives — gross production value?
- European Union (27) ranks 4th out of 17 groups with data for 2024.
- Is olives — gross production value rising or falling in European Union (27)?
- Over the last ten years it is up 86.5%. The long-run trend across the full record is rising.
- Where does this European Union (27) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Olives — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.
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About this data
The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.