In 2023, South Africa's export of perfumes and toilet waters stood at 1.704 million kilograms. Forecasts indicate a slight yet consistent year-on-year increase in exports: 1.7302 million kilograms in 2024, 1.7557 million in 2025, 1.7806 million in 2026, 1.8051 million in 2027, and 1.829 million in 2028. The year-on-year variations show modest growth, reflecting a stable demand for South African perfume and toilet water exports.
Key observations:
• From 2023 to 2024: 1.54% increase
• From 2024 to 2025: 1.47% increase
• From 2025 to 2026: 1.42% increase
• From 2026 to 2027: 1.37% increase
• From 2027 to 2028: 1.33% increase
CAGR (2023-2028): approximately 1.41%
Future trends to watch for include the impact of global economic fluctuations on consumer spending, increased demand from emerging markets, and the evolving tastes and preferences influenced by cultural and environmental factors.