In 2023, China's import of essential oils of lemon stood at a historical volume regarded as the base year. The forecast data from 2024 to 2028 indicates a significant downward trend in imports. The import volume is expected to decrease from 245.27 thousand kilograms in 2024 to 49.13 thousand kilograms by 2028. This represents an average annual decline, calculated as CAGR, over the five-year period.
Year-on-year analysis highlights a consistent reduction in import volume, with considerable percentage decreases annually from 2024 onwards.
Future trends to watch for include potential changes in domestic production capabilities and consumer demand shifts, both of which could further impact import dependencies. Additionally, factors such as trade policies, local market dynamics, and global lemon oil supply fluctuations will be crucial in shaping future import strategies.
