The import of essential oils of orange to the UK is forecasted to decrease slightly over the next five years, with volumes dropping from 3.6055 million kilograms in 2024 to 3.5032 million kilograms by 2028. This consistent decline indicates a year-on-year decrease of approximately 0.7% over the period. The compound annual growth rate (CAGR) for the five-year forecasted period is negative, suggesting a gradual reduction in imports. As of 2023, the volume stood higher, underscoring the decreasing trend.
Future trends to watch for include potential shifts in consumer preferences for natural products, changes in the regulatory environment, and possible fluctuations in supply due to environmental factors affecting orange production globally.
