In 2023, the import value of essential oils of orange to the UK stood at 41 million USD based on previous actual data. From 2024 to 2028, the forecast indicates a steady increase, growing from approximately 42.4 million USD in 2024 to 48.6 million USD in 2028. This suggests a Compound Annual Growth Rate (CAGR) of around 3% per year. Year-on-year growth shows a consistent rise of approximately 3.75% from 2024 to 2025, 3.54% from 2025 to 2026, 3.37% from 2026 to 2027, and 3.19% from 2027 to 2028.
Future trends to monitor include potential impacts of global supply chain disruptions, changes in consumer preferences towards natural products, and fluctuations in orange crop yields due to climate conditions. These factors could influence both the demand and pricing for essential oils of orange.
