In 2023, the import value of essential oils of orange to Germany stood at 166.75 million US dollars. The forecast indicates a steady annual increase, reaching 202.5 million US dollars by 2028. From 2024 to 2025, the import value increases by 4.34%, while from 2025 to 2026, it grows by 4.07% and from 2026 to 2027 by 3.83%. Finally, from 2027 to 2028, there is a 3.62% rise. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.93%.
Future trends to watch for include potential changes in demand due to shifts in consumer preferences towards natural products, impacting the essential oil market. Additionally, trade policies and environmental regulations may alter import dynamics. Monitoring these factors will be crucial for understanding market trends.
