PUBLISHER: Mordor Intelligence | PRODUCT CODE: 2061508
PUBLISHER: Mordor Intelligence | PRODUCT CODE: 2061508
According to Mordor Intelligence, the south america olive market was valued at USD 0.88 billion in 2025 and is projected to grow from USD 0.88 billion in 2026 to USD 1.33 billion by 2031, registering a CAGR of 8.5% during 2026-2031.

This report is Segmented by Country (Argentina, Chile, and Peru). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Import Analysis (Value and Volume), Export Analysis (Value and Volume), and Wholesale Price Trend Analysis and Forecast, List of Key Players and More. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).
Olive production in South America is increasing in response to growing intra-regional demand. The International Olive Council reports that Argentina's table olive production reached 96,000 metric tons in 2024/25, a 17% increase compared to the previous year . This growth demonstrates the expansion of supply capacity as producers scale output to meet rising demand, particularly from neighboring markets. Favorable conditions and established cultivation systems have supported this production growth, solidifying South America's position as a significant supplier in olive trade.
The growing demand for premium olive-based products is contributing to the expansion of the South American olive market. Increasing consumer preference for high-quality, natural, and traceable products is prompting producers to adopt improved cultivation practices and enhance quality. This focus is boosting the demand for superior-grade olives, particularly in export-driven markets. Consequently, producers in countries like Argentina and Chile are prioritizing quality differentiation and value-added production. This development enhances the olive value chain by improving price realization, increasing competitiveness, and supporting sustained market growth in the region.
Climatic anomalies, including temperature fluctuations and irregular rainfall patterns linked to El Nino and La Nina events, continue to impact the stability of olive production in South America. According to the World Meteorological Organization, an El Nino event is projected to develop from mid-2026, which is likely to influence global temperature and rainfall patterns, including critical agricultural areas. These climate variations affect precipitation distribution and increase the occurrence of extreme weather events, such as floods and droughts, across South America . This directly disrupts flowering cycles and fruit development, leading to uncertainty in yield stability and complicating harvest planning in key olive-producing regions.
Other drivers and restraints analyzed in the detailed report include:
For complete list of drivers and restraints, kindly check the Table Of Contents.