The import of essential oils of lemon to Italy is projected to rise from $10.855 million in 2024 to $12.333 million by 2028. This forecast highlights a steady upward trend with a year-over-year increase averaging around 3.6%. Although exact 2023 figures are unavailable, the consistent growth pattern suggests solid demand. The five-year compound annual growth rate (CAGR) indicates a notable upward trajectory.
Future trends to watch include:
- Fluctuations in global supply and demand conditions for essential oils.
- Emerging market preferences for natural ingredients in Europe.
- Regulatory changes affecting the aromatic and cosmetic industries.