The imports of essential oils of lemon to the UK are projected to decrease significantly from 261.93 thousand kilograms in 2024 to 16.98 thousand kilograms by 2028. This decline reflects a noticeable negative trend throughout the five-year forecasted period.
Year-on-year variations from 2024 onwards indicate a consistent decrement, with the most significant drops anticipated between 2027 and 2028. The compound annual growth rate (CAGR) over this period illustrates a sharp average reduction per annum, underscoring a substantially shrinking market for lemon essential oils.
Future trends to watch include potential factors influencing demand, such as changes in consumer preferences, developments in alternative products, and economic conditions that may affect import levels and prices.
