The global market for essential oils of lemon shows Argentina as the leading exporter, dominating the market significantly. Italy and the United States follow, with Germany and Spain making up the top five. Countries like South Korea and Finland exhibit the highest year-on-year growth, signaling emerging players, while traditional markets like Canada and China face declines. Over a five-year period, the compound annual growth rate indicates a steady expansion, driven by a rising preference for natural ingredients.
Future trends to observe include potential shifts in market dynamics due to sustainability concerns and an increasing demand for organic products. The role of smaller, high-growth markets like South Korea could reshape the competitive landscape. Monitoring technological advancements in production and distribution will also be essential for understanding future export patterns.
Top countries in Export of Essential Oils of Lemon by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 266,000,000 | 2023 | +3.18% | +2.67% | View data |
| 2 | 2 Italy | 83,792,000 | 2023 | +3.52% | +3.03% | View data |
| 3 | 3 United States | 68,961,000 | 2023 | +3.11% | +3.06% | View data |
| 4 | 4 Germany | 30,757,000 | 2023 | +3.28% | +4.1% | View data |
| 5 | 5 Spain | 22,581,000 | 2023 | +3.77% | +4.88% | View data |
| 6 | 6 United Kingdom | 22,549,000 | 2023 | +0.13% | +2.03% | View data |
| 7 | 7 Peru | 14,726,000 | 2023 | +1.58% | +5.46% | View data |
| 8 | 8 Mexico | 13,595,000 | 2023 | -0.9% | +2.86% | View data |
| 9 | 9 Brazil | 12,069,000 | 2023 | +3.38% | +3.37% | View data |
| 10 | 10 South Africa | 11,213,000 | 2023 | +3.19% | +3.07% | View data |
