In 2023, France imported 2.312 million kilograms of essential oils of orange. From the forecast data available for 2024 to 2028, there is a consistent upward trend in the import volumes, increasing from 2.3562 million kilograms in 2024 to 2.5319 million kilograms in 2028. The year-on-year growth sees incremental rises, reflecting a stable demand for these imports. The calculated compound annual growth rate (CAGR) for 2024-2028 is indicative of a healthy and steady market attraction toward the product.
Future trends to watch for include:
- Shifting consumer preferences towards natural and organic products, which may boost demand.
- Potential impacts from agricultural factors impacting orange production globally.
- Regulatory changes within the EU regarding natural product imports that could affect supply and pricing.