The import of essential oils of orange into Italy is forecasted to show a steady increase from 2024 to 2028, with values rising from 11.098 million USD to 12.889 million USD. Assuming a reference point for 2023, the imports showed a baseline from which a growth trend is expected.
- Growth from 2024 to 2025 is 4.15%.
- Growth from 2025 to 2026 is 3.92%.
- Growth from 2026 to 2027 is 3.68%.
- Growth from 2027 to 2028 is 3.48%.
- The average annual growth rate over the five-year forecast period (CAGR) is approximately 3.85%.
Future trends to watch include potential changes in trade policies that might affect import costs, evolving consumer preferences towards natural products, and environmental factors impacting orange production. Moreover, competition from other essential oils might influence demand and affect market dynamics in Italy.
