In 2023, Germany led European exports of essential oils at 184.03 million kilograms, showing a 3.71% year-on-year increase. Ireland closely followed with 180.11 million kilograms, growing by 2.24%. France, Netherlands, and Spain also ranked high, with the Netherlands experiencing the largest growth among top exporters at 5.12%. Notably, Finland exhibited the strongest increase at 19.07%, although from a lower base. Conversely, the UK and Belgium faced declines, with the UK dropping by 1.78% and Belgium by 5.53%. Over the past five years, continuous average growth in exports is expected given CAGRs remain positive across the majority.
Future trends may see increased demand influenced by wellness industries, driving export growth in production-heavy nations like Germany and Ireland. Sustainability and technological advancements in extraction methods could further benefit competitive countries. However, economic fluctuations and regulatory changes remain potential challenges.
Top countries in Export of Essential Oils by Country
# | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 184,030,000 | 2023 | +2.73% | +3.71% | View data |
2 | 2 Ireland | 180,110,000 | 2023 | +11.79% | +2.24% | View data |
3 | 3 France | 134,030,000 | 2023 | +2.64% | +2.75% | View data |
4 | 4 Netherlands | 103,000,000 | 2023 | +3.1% | +5.12% | View data |
5 | 5 Spain | 74,149,000 | 2023 | +2.21% | +1.89% | View data |
6 | 6 United Kingdom | 52,759,000 | 2023 | -1.01% | -1.78% | View data |
7 | 7 Hungary | 28,218,000 | 2023 | +4.09% | +2.92% | View data |
8 | 8 Italy | 23,505,000 | 2023 | +2.83% | +1.32% | View data |
9 | 9 Belgium | 22,942,000 | 2023 | -1.94% | -5.53% | View data |
10 | 10 Austria | 13,417,000 | 2023 | +3.76% | +7.02% | View data |