Analysis and Studies - Products analysis
Perfumes: import and export
August 3rd 2023
Perfumes
The Latin verb perfumare, which means "to smoke through," is where the word perfume comes from. The practice of perfumery, which is the art of creating scents, began in prehistoric Mesopotamia, Egypt, the Indus Valley civilization, and probably in prehistoric China. Both the Romans and the Muslims later improved it and used it daily.
With a total trade of $19.5B in 2021, perfumes were the 219th most traded product in the world. Exports of perfume increased by 27.5% between 2020 and 2021, from $15.3 billion to $19.5 billion. Perfume trade accounts for 0.00093% of global trade.
In 2021 the top exporter of perfumes in the world was the European country of France, with a total trade value of $6.23B. In addition, other European countries are in the top five of the countries exporting the most perfumes, such as Spain ($2.17B), Germany ($1.71B) and Italy ($1.38B). Finally, the United States is the fifth country worldwide exporting the most perfumes with a total trade valued at $1.24B.
On the other hand, in 2021 the top importers of perfumes were: the United States ($2.39B), followed by Germany ($1.51B), the United Kingdom ($1.04B), the Netherlands ($966M), and, lastly, Spain ($856M).
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