The market for mixed odoriferous substances for industrial use in Jordan reached a value of $200.93 million in 2023. Over the past decade, the market has experienced significant growth, with notable year-on-year increases, especially a substantial 41.51% rise in 2015. However, growth rates have gradually moderated in recent years, with a 6.72% increase in 2023. The compound annual growth rate (CAGR) over the last five years stands at 7.45%, indicative of a steady upward trajectory.
Future trends to watch for include:
- Potential market saturation leading to decreased growth rates.
- Innovation in industrial applications driving demand for diverse odoriferous substances.
- Economic factors within the region influencing pricing and consumption patterns.
| # | 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 |
| 28 | 28 Morocco | 214,150,000 | 2023 | -0.85% | -0.48% | View data |
| 29 | 29 Finland | 213,230,000 | 2023 | +1.27% | +1.55% | View data |
| 30 | 30 Jordan | 200,930,000 | 2023 | +6.72% | +7.45% | |
| 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 |
