Key Market Indicators
The French aromatics export market is projected to maintain stability, with exports expected to reach nearly $1.88 million by 2028. This is a slight dip from the approximately $1.89 million recorded in 2023. Over the long term, the French supply of aromatics has seen a steady annual decline of 1% since 1999. In the global ranking for 2023, France held the 10th position, trailing behind the Netherlands, which led with exports valued at $1.89 million. China, India, and Japan occupied the second, third, and fourth positions, respectively. On the import front, France's demand for aromatics is on the rise. Imports are forecasted to hit around $13.26 million by 2028, up from $11.67 million in 2023. This growth represents an average annual increase of 2.1% since 1999. Over the same period, the country's demand has grown by a modest 0.2% per year.
