THE MARKET OF ESSENTIAL OILS IN BRAZIL AND IN THE WORLD IN THE LAST DECADE

The international trade of essential oils accounted for more than US$ 10 billion in 2021, with a growing tendence. USA, China, India, France and Brazil are the main global players. Reliable and comprehensive market data, however, is hard to obtain. Apart from a few government databases dealing with import/export values, information regarding local (national/internal) production and consumption as well as market trends, when available, are for sale, and expensive. Data from the global and Brazilian markets in the last decade were gathered and discussed in this review, with highlights on the balance of trade and the main oils produced in Brazil. As a megadiverse country, opportunities for new essential oils from Brazil do exist, but several obstacles must be overcome, such as legislation compliance, quality, supply and safety assurance, so that the market can be conquered.