The Mixed Odoriferous Substances for Industrial Use market in New Zealand was valued at USD 154.9 million in 2023. Over the past decade, the market experienced fluctuations, with a notable decline in 2015. From 2019 to 2023, steady annual increment percentages were observed, hovering between 0.44% and 0.63%. The five-year compound annual growth rate (CAGR) recorded a modest increase, reflecting stabilization trends.
Future trends to watch for include:
- Potential impact of sustainable sourcing and production practices on market dynamics.
- Evolving consumer preferences potentially influencing downstream industrial demand.
- Technological advancements in scent formulation and application methodologies.
- Regulatory changes or innovations in environmental policies affecting industry operations.
| # | 44 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,055,500,000 | 2023 | +2.89% | +2.01% | View data |
| 2 | 2 United Kingdom | 4,265,800,000 | 2023 | +0.86% | -1.74% | View data |
| 3 | 3 Spain | 3,670,400,000 | 2023 | +0.57% | -0.064% | View data |
| 4 | 4 Indonesia | 3,098,600,000 | 2023 | +4.12% | +5.66% | View data |
| 5 | 5 Italy | 2,660,800,000 | 2023 | -1.25% | -1.42% | View data |
| 31 | 31 Sri Lanka | 161,790,000 | 2023 | +2.18% | +2.18% | View data |
| 32 | 32 Costa Rica | 157,040,000 | 2023 | +1.56% | +1.62% | View data |
| 33 | 33 New Zealand | 154,900,000 | 2023 | +0.44% | +0.35% | |
| 34 | 34 Paraguay | 114,780,000 | 2023 | +3.19% | +3.7% | View data |
| 35 | 35 Croatia | 102,590,000 | 2023 | -2.05% | -3.92% | View data |
