In 2012, the world production of olive oil amounted to 3.098.000 tonnes, and the european production amounted to 2.180.500 tonnes, which represents 70.3%.
The european production of olive oil is more than 50% realised by Spain, 1.347.400 Tonnes just for Spain.
The production and the consumption of olive oil is not increasing since 1990, it has even doubled since 1990.
The price of olive oil has not experienced large increases since the 90s.
Thus it is seen that olive oil has its largest market in Europe, mainly in Spain.