The import of Essential Oils, Perfumes, Cosmetics, and Toiletries to the Netherlands has shown varying trends over the last decade, standing at $4.1857 billion in 2023. The value has generally increased, with some years like 2015 and 2020 experiencing minor declines. The year-on-year variation over the last two years has seen modest growth: a 2.92% increase in 2022 and a 2.78% increase in 2023. The compound annual growth rate (CAGR) over the last five years stands at 2.6%.
- Future trends to watch for include:
- Technological advancements in product innovation
- Growing consumer preference for organic and natural products
- Impact of global economic conditions on consumer spending
- Shifts in regulatory policies impacting imports
The forecasts from 2024 to 2028 suggest steady growth with a 2.08% CAGR and a total growth rate of 10.84% by 2028, indicating a stable but moderate upward trend in imports.