In 2023, Brazil dominated the global export market of essential oils of orange with a substantial market share, followed by the United States and Mexico. Key growing markets included Mexico, Bulgaria, and Uruguay with significant year-on-year growth rates. In contrast, markets like Canada and China experienced declines. Noteworthy was Malaysia's impressive growth, although from a smaller base, while other countries like Greece and Morocco saw decreasing exports over the same period.
Future trends to watch include increasing diversification of export destinations, particularly from emerging markets. Continual monitoring of economic conditions and trade agreements impacting major exporters like Brazil and the United States will be crucial.
Top countries in Export of Essential Oils of Orange Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 41.85 | 2023 | +4.41% | +4.63% | View data |
| 2 | 2 United States | 16.95 | 2023 | +2.98% | +2.84% | View data |
| 3 | 3 Mexico | 8.18 | 2023 | +5.06% | +7.59% | View data |
| 4 | 4 Germany | 7.14 | 2023 | +3.91% | +4.71% | View data |
| 5 | 5 United Kingdom | 3.53 | 2023 | +2.71% | +3.31% | View data |
| 6 | 6 Costa Rica | 2.45 | 2023 | +4.67% | +5.88% | View data |
| 7 | 7 Spain | 2.43 | 2023 | +4.92% | +5.22% | View data |
| 8 | 8 Italy | 2.27 | 2023 | +3.65% | +3.15% | View data |
| 9 | 9 France | 1.5 | 2023 | +3.45% | +3.42% | View data |
| 10 | 10 Ireland | 1.4 | 2023 | +3.86% | +5.53% | View data |
