In 2023, Germany and France dominated European essential oils production, each contributing €2.65 billion, followed by Spain (€1.13 billion) and the UK (€1.11 billion). Italy's production was moderate at €0.39 billion, with smaller outputs from Bulgaria, Poland, and others. Year-on-year, France and Spain showed significant growth of 5.02% and 3.49%, respectively. Poland, Hungary, and Greece also saw notable increases. Conversely, Bosnia and Herzegovina and Norway faced declines. Iceland experienced a remarkable surge of 18.92% in production value.
Future trends point to increased demand for natural products, leading to potential growth in essential oils production, particularly in Western Europe. Innovation in extraction technologies and sustainable practices could drive further growth across the region.
Top countries in Essential Oils Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,650 | 2023 | +3.4% | +3.37% | View data |
| 2 | 2 France | 2,650 | 2023 | +3.82% | +5.02% | View data |
| 3 | 3 Spain | 1,130 | 2023 | +4.03% | +3.49% | View data |
| 4 | 4 United Kingdom | 1,110 | 2023 | +1.4% | +0.98% | View data |
| 5 | 5 Italy | 392.6 | 2023 | +3.64% | +2.82% | View data |
| 6 | 6 Bulgaria | 80.6 | 2023 | +4.95% | +1.72% | View data |
| 7 | 7 Poland | 39.3 | 2023 | +4.8% | +6.98% | View data |
| 8 | 8 Hungary | 38 | 2023 | +7.65% | +9.26% | View data |
| 9 | 9 Greece | 37.1 | 2023 | +6.3% | +5.12% | View data |
| 10 | 10 Portugal | 11.4 | 2023 | +31.03% | +5.8% | View data |
