The import of essential oils of lemon to India is projected to grow steadily from 2024 to 2028, starting at $9.048 million USD in 2024 and reaching $10.45 million USD by 2028. In 2023, the import value stood at $8.72 million USD. The year-on-year percentage increase shows a consistent growth trend, suggesting positive demand dynamics for lemon essential oils over the past two years. The compound annual growth rate (CAGR) over the five-year period indicates a moderate and steady increase, reflecting a stable rise in import values.
Future trends to watch for include potential shifts in global supply chain dynamics, changes in tariff regulations, and the impact of domestic production capabilities. Additionally, consumer preferences and trends in natural product consumption may influence demand, affecting import levels.
