The Essential Oils of Orange market in Greece reached a size value of 1.9553 million US dollars in 2023. From 2013 to 2023, the market depicted a clear upward trajectory despite fluctuations. Notably, 2018 experienced a significant dip of 19.12%, but recovery was prompt. The average annual growth rate from 2019 to 2023 was 5.53%. The last two years showed a steady increase with 3.23% and 3.1% growth, respectively, indicating market stability and resilience.
Future trends to watch for include:
- Potential growth driven by increasing consumer interest in natural and organic products.
- Innovation in product applications and uses for health and wellness purposes.
- Impact of global economic conditions on the supply chain and market demand.
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 193,830,000 | 2023 | +3.26% | +2.8% | View data |
| 2 | 2 United Kingdom | 163,010,000 | 2023 | +2.6% | +2.21% | View data |
| 3 | 3 Canada | 76,048,000 | 2023 | +1.97% | +2.12% | View data |
| 4 | 4 Italy | 50,924,000 | 2023 | +4.84% | +2.14% | View data |
| 5 | 5 Australia | 16,837,000 | 2023 | +3.74% | +3.32% | View data |
| 6 | 6 Denmark | 5,437,100 | 2023 | +0.24% | -0.74% | View data |
| 7 | 7 Austria | 4,937,100 | 2023 | +2.93% | +4.53% | View data |
| 8 | 8 Greece | 1,955,300 | 2023 | +3.1% | +5.53% | |
| 9 | 9 Ecuador | 1,397,800 | 2023 | +1.91% | +1.62% | View data |
| 10 | 10 Latvia | 278,900 | 2023 | +4.85% | +4.42% | View data |
