The 2023 global export landscape for essential oils of lemon is dominated by Argentina with significant contributions from Italy and the United States. Year-on-year growth trends show increases in exports from key players like Peru, Singapore, and Poland, while China and Romania faced substantial declines. The average annual growth rate over the past five years highlights consistent market competitiveness, with emerging markets like South Korea and Finland showing notable surges in export value.
Looking towards 2024, the exports are likely to continue growing amid expanding demand. Future trends to monitor include technological advancements in production, potential fluctuations in leading markets due to geopolitical factors, and shifts towards sustainable and organic sourcing, impacting global supply chains and market dynamics.
Top countries in Export of Essential Oils of Lemon Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 43.22 | 2023 | +3.18% | +2.67% | View data |
| 2 | 2 Italy | 13.62 | 2023 | +3.52% | +3.03% | View data |
| 3 | 3 United States | 11.21 | 2023 | +3.11% | +3.06% | View data |
| 4 | 4 Germany | 5 | 2023 | +3.28% | +4.1% | View data |
| 5 | 5 Spain | 3.67 | 2023 | +3.77% | +4.88% | View data |
| 6 | 6 United Kingdom | 3.66 | 2023 | +0.13% | +2.03% | View data |
| 7 | 7 Peru | 2.39 | 2023 | +1.58% | +5.46% | View data |
| 8 | 8 Mexico | 2.21 | 2023 | -0.9% | +2.86% | View data |
| 9 | 9 Brazil | 1.96 | 2023 | +3.38% | +3.37% | View data |
| 10 | 10 South Africa | 1.82 | 2023 | +3.19% | +3.07% | View data |
