From 2023 to 2024, the forecast indicates a slight decline in Germany's import of terpenic oils and related compounds. The data suggest a continuous downward trend with a year-on-year decrease of approximately 6% from 2024 to 2025, followed by another decline in subsequent years, culminating in 2028. This results in a compound annual growth rate (CAGR) of -6% over the five-year period.
Looking ahead, the market may face challenges due to changing consumer preferences and regulatory pressures. Industry stakeholders should monitor developments in sustainable alternatives and innovations in production techniques, which could influence import demand and potentially reverse current trends.
