In 2023, Germany led Europe's essential oils market with 112.45 million kilograms, followed by France with 77.232 million. Italy, Spain, and Poland reported 57.551, 52.433, and 44.409 million kilograms, respectively. Of note, Portugal showed the strongest growth in 2023 at 8.32%. Over the past two years, Germany's volume decreased by 7.06%, while Austria and Croatia experienced growth.
Future trends to watch include:
- Increasing consumer preference for natural products potentially driving higher demand.
- Innovation in production techniques could impact market dynamics.
- Environmental regulations and sustainability concerns will likely shape market strategies.
Top countries in Essential Oils Market Size Volume by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 112,450,000 | 2023 | -7.79% | -7.06% | View data |
| 2 | 2 France | 77,232,000 | 2023 | +0.5% | +0.63% | View data |
| 3 | 3 Italy | 57,551,000 | 2023 | +0.48% | -0.62% | View data |
| 4 | 4 Spain | 52,433,000 | 2023 | -4.98% | -2.58% | View data |
| 5 | 5 Poland | 44,409,000 | 2023 | +1.58% | +1.01% | View data |
| 6 | 6 Austria | 22,889,000 | 2023 | +2.34% | +2.22% | View data |
| 7 | 7 Portugal | 8,624,700 | 2023 | +4.11% | +8.32% | View data |
| 8 | 8 Finland | 2,866,700 | 2023 | +0.86% | -1.67% | View data |
| 9 | 9 Croatia | 2,417,200 | 2023 | +2.01% | +2.44% | View data |
