From 2013 to 2023, Mexico's essential oils of orange market showed a gradual increase in per capita value, with a rise from $0.28 in 2013 to $0.34 in 2023. The average annual growth rate over the last five years was moderate, indicating steady market support. Over the past two years, the annual growth has been consistent, reflecting a relatively stable market demand or supply position.
Future trends to watch for include potential shifts in consumer preferences toward natural and essential oil products, regulatory changes impacting production and imports, and broader economic factors that might affect consumer spending power. These elements could significantly influence market dynamics and growth potential in the subsequent years.
