Key Market Indicators
Icelandic Aromatics Imports are projected to decline to approximately $168 million by 2028, down from $178 million in 2023. This marks an average annual decrease of 0.8%. Despite the anticipated drop, Iceland has seen a significant rise in demand for aromatics over the past three decades. Since 1993, the country's demand for these products has surged by an average of 6.3% per year.
